Date:Monday January 23 2012
The owner of the mystery group Thames Sports Investments has been unveiled as Russian tycoon Anton Zingarevich. TSI are the group that are on the verge of the takeover of Reading Football Club.
Anton Zingarevich, 29, and son of Russian billionaire Boris Zingarevich, will be previously known for his attempt to buy Everton a few years ago. However, the £20m takeover failed and has now moved to interests to Reading.
The following quotes are taken from the official RFC website: 'The transaction is due to complete in March 2012, but the Heads of Agreement, as agreed with Sir John Madejski, includes providing Reading Football Club with some limited funding now to enable Brian McDermott and Nick Hammond to strengthen the playing squad during this January transfer window. TSI have met with Brian, Nick and the club to begin this process.'
'TSI is also delighted that Sir John Madejski has agreed to remain Chairman of Reading Football Club until at least 2014, and to become Life President if and when he decides to step down. TSI wishes to emphasise that Reading Football Club's management team will remain unchanged, as will the fundamental policies of the club, including prudent fiscal management.'
'TSI's financial support aims to allow the club to retain its best players and acquire additional players as the football management team see fit. It will also enable the club to expand and further improve its successful Academy and scouting operations.'
Zingarevich was educated at Bearwood College in Reading, before moving onto university in New York. The deal is set to be completed in March, buying a 51% stake in the club. It is crucial to reiterate that Sir John Madejski will remain chairman for the foreseeable future.
Date:Monday January 23 2012
Orlando Sa confirmed as first summer signing (Monday June 29 2015)
Reading interested in Clayton Donaldson (Monday June 29 2015)
Reading close in on Myhill (Saturday June 27 2015)
Fosu signs a new deal (Saturday June 27 2015)
Suddenly it's a good time to be a royal (Thursday June 25 2015)
Clarke given the 'green light' to bring players in (Thursday June 25 2015)
Will Clarke be tempted to walk (Wednesday June 24 2015)
Youngsters that may get game time- Part 3 (Wednesday June 24 2015)
Youngsters that may get game time- Part 2 (Monday June 22 2015)
Youngsters that may get game time- Part 1 (Friday June 19 2015)
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