UK time is: 08:22:34
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Owners reveal identity and release statment

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.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Josh  Mail feedback, articles or suggestions

Date:Monday January 23 2012

Time: 6:06PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Reading Articles

Akpan enjoying midfield partnership (Thursday October 30 2014)

Midfielder suffers another set back (Wednesday October 29 2014)

Defender glad to be back in the fold (Tuesday October 28 2014)

Player Ratings - Blackpool (H) (Monday October 27 2014)

Stats: Reading v Blackpool (Sunday October 26 2014)

Gaffer pleased to end poor run (Sunday October 26 2014)

Reading 3 - 0 Blackpool (Saturday October 25 2014)

Archived Reading Articles

List All Vital Reading Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results
Reading 3 - 2 Millwall
Reading 1 - 0 Ipswich
Reading 0 - 3 Derby County
Reading 3 - 0 Fulham
Leeds Utd 0 - 0 Reading
Wigan 2 - 2 Reading

League Table (view table)

Team P W D L GD Pts
11. Cardiff 14 5 4 5 1 19
12. Sheff Wed 14 4 7 3 0 19
13. Brentford 14 5 4 5 -3 19
14. Reading 14 5 3 6 -5 18
15. Millwall 14 4 5 5 -2 17
16. Rotherham 14 4 5 5 -3 17
17. Huddersfield 14 4 5 5 -6 17

Breaking League News

Howe: It's great to have so much competition
Bournemouth : 31/10/2014 08:12:00
Cook: Finding another level
Bournemouth : 31/10/2014 08:07:00
LUFC On This Day - October 31st
Leeds Utd : 31/10/2014 07:15:00
Lennon: Adams Was The Right Choice
Norwich : 31/10/2014 07:00:00
Rowett Attention to Detail Revealed
Birmingham : 31/10/2014 07:00:00

Current Site Poll (view all polls)

Prediction for the Derby game
Suggested By:  Josh
Win 11%
Draw 10%
Loss 79%