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

Recent Reading Articles

Warnock feels Reading's pitch could harm play-off push

Neil Warnock has never been keen to pass Reading a compliment, but he's at it again, slating the condition of our pitch.

Technology For The Championship In 2017/18

On Thursday the Football League confirmed that there was now an agreement in principle for the introduction of goal-line technology from the start of the 2017/18 season.

Stam On Brentford Win

Reading's position in the play-offs was strengthened with a win over Brentford. It also closed the gap between the Royals and top two Newcastle and Brighton.

Video - Reading 3-2 Brentford

Having lost the lead Reading came back to score two late goals in a 3-2 win against Brentford. This victory means the Royals are just five points off an automatic promotion spot.

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)

Brentford MotM
Suggested By: Site Staff
Al Habsi2%
Gunter0%
Moore0%
Blackett0%
Obita0%
Mutch0%
Williams12%
Kelly0%
Swift0%
McCleary12%
Grabban0%
Sub - Evans12%
Sub - Kermorgant62%
Sub - Beerens0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Brighton 32 20 8 4 68 28
2 Newcastle 31 21 3 7 66 35
3 Huddersfield 31 19 4 8 61 7
4 Reading 32 18 6 8 60 6
5 Leeds Utd 33 18 4 11 58 11
6 Sheff Wed 32 17 7 8 58 11
7 Norwich 33 15 6 12 51 11
8 Fulham 31 13 10 8 49 15
9 Barnsley 33 14 7 12 49 4
10 Preston 33 13 10 10 49 4
11 Derby County 31 13 8 10 47 7
12 Cardiff 33 13 6 14 45 -2
13 Ipswich 33 10 11 12 41 -7
14 Birmingham 33 10 10 13 40 -14
15 Brentford 31 10 7 14 37 -1
16 Q.P.R. 32 10 7 15 37 -11
17 Aston Villa 31 8 12 11 36 -6
18 Forest 33 10 6 17 36 -12
19 Wolves 31 9 8 14 35 -4
20 Burton 32 9 7 16 34 -13
21 Bristol City 31 9 5 17 32 -4
22 Wigan 32 7 9 16 30 -9
23 Blackburn 31 7 8 16 29 -13
24 Rotherham 33 4 5 24 17 -43
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Reading Results (view all)

Reading Fixtures (view all)

Feb 21 2017 7:45PM : Huddersfield Town (a)
Sky Bet Championship
Feb 25 2017 5:30PM : Brighton & Hove Albion (a)
Sky Bet Championship
Mar 4 2017 3:00PM : Wolverhampton Wanderers (H)
Sky Bet Championship
Mar 7 2017 8:00PM : Newcastle United (H)
Sky Bet Championship
Mar 11 2017 3:00PM : Preston North End (a)
Sky Bet Championship
Mar 17 2017 7:45PM : Sheffield Wednesday (a)
Sky Bet Championship
Write for Vital Football