Vital Football

Latest Reading FC News

Madejski still confident of deal despie delay

Madejski still confident of deal despie delay

Reading chairman Sir John Madejski has said that a deal to sell his stake in the club is still likely to go ahead despite a delay in the process.

The 70-year old has agreed to sell his majority stake in Reading Football Club to Thames Sports Investments for around £25 million. The deal was reportedly set to be completed around the end of March but despite concern the deal could potentially be off, Madejski has reassured any of these concerns.

Sir John told the Reading Post: '"March 31 was always a guideline and everything will be done in due course. It`s progressing very well. All we`re doing is focusing on the football. The transfer window is shut so we can`t bring players in and players can`t leave. It won`t affect anyone here.'

Madejski added: 'The process is progressing very well and all due diligence is almost completed, which means the majority of the paperwork is finalised. With a transaction of this importance there`s always an incredible amount to do.'

Russian owner Anton Zingarevich has attended two home games this season, witnessing his potential team win both of them and firmly in contention for promotion to the Premier League. Having already provide funds for the deal of Jason Roberts, plenty more spending could be seen in the summer, irrelevant of which league the Royals are in.



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

Writer:Josh
Date:Thursday March 29 2012
Time: 2:00PM

Login to post a comment

Best of Vital Network

Vital Boxing - Ingle Talks Brook

Recent Reading Articles

Confident Swift Has No Chelsea Regrets

Swift, an FA Youth Cup winner at Chelsea, could have stayed with the Premier League champions, who wanted to keep him, but after loan success at Brentford he wanted first team football.

Talking points with Wembley seven days away

As we prepare for our biggest game in over five years in just seven days` time, we take a look at the main talking points heading into the play-off final against Huddersfield

Championship Play Off Final Details (2016/17)

Details for the Championship Play Off Final at Wembley Stadium between Huddersfield Town and Reading have now been confirmed.

Referee Selected For Championship Play Off Final

The Football League have now confirmed that referee Neil Swarbrick will take charge of the Championship Play Off Final between Huddersfield Town and Reading.

Archived Vital Reading Articles

Vital Reading articles from

Site Journalists

Write for Vital Reading
Write For Vital Reading
Apply Here

Current Poll (see more polls)

Play-Off Final - Reading v Huddersfield
Suggested By:
Reading win0%
Huddersfield win100%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Newcastle 46 29 7 10 94 45
P Brighton 46 28 9 9 93 34
3 Reading 46 26 7 13 85 4
4 Sheff Wed 46 24 9 13 81 15
5 Huddersfield 46 25 6 15 81 -2
6 Fulham 46 22 14 10 80 28
7 Leeds Utd 46 22 9 15 75 14
8 Norwich 46 20 10 16 70 16
9 Derby County 46 18 13 15 67 4
10 Brentford 46 18 10 18 64 10
11 Preston 46 16 14 16 62 1
12 Cardiff 46 17 11 18 62 -1
13 Aston Villa 46 16 14 16 62 -1
14 Barnsley 46 15 13 18 58 -3
15 Wolves 46 16 10 20 58 -4
16 Ipswich 46 13 16 17 55 -10
17 Bristol City 46 15 9 22 54 -6
18 Q.P.R. 46 15 8 23 53 -14
19 Birmingham 46 13 14 19 53 -19
20 Burton 46 13 13 20 52 -14
21 Forest 46 14 9 23 51 -10
R Blackburn 46 12 15 19 51 -12
R Wigan 46 10 12 24 42 -17
R Rotherham 46 5 8 33 23 -58
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Reading Results (view all)

Vital Football Comment