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.

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football



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

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

Best of Vital Network

Login to post a comment

Recent Reading Articles

Season Review- Rankings

Rankings.

Season Review- Wingers

Wingers

Season Review- Strikers

Strikers.

Season Review- Midfielders

Centre Midfielders

Archived Vital Reading Articles

Vital Reading articles from

Site Journalists

thurlow97
Editor email
Profile
Josh
no email
Profile

Current Poll (see more polls)

What Striker do you want to see here?
Suggested By:
Dom Solanke10%
Lewis Grabban10%
Jamie Mackie14%
Carlton Cole 9%
Nahki Wells57%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Middlesbrough 45 26 10 9 88 32
2 Burnley 44 24 15 5 87 33
3 Brighton 44 24 15 5 87 30
4 Hull City 44 23 11 10 80 31
5 Derby County 44 21 14 9 77 24
6 Sheff Wed 44 18 17 9 71 19
7 Cardiff 44 17 16 11 67 8
8 Ipswich 44 16 15 13 63 0
9 Birmingham 45 16 14 15 62 4
10 Brentford 44 17 8 19 59 -2
11 Preston 44 14 16 14 58 -1
12 Leeds Utd 44 14 16 14 58 -7
13 Q.P.R. 44 13 18 13 57 0
14 Wolves 44 13 15 16 54 -6
15 Reading 44 13 13 18 52 -4
16 Huddersfield 44 13 12 19 51 -3
17 Forest 44 12 15 17 51 -5
18 Blackburn 44 11 16 17 49 -3
19 Rotherham 44 13 10 21 49 -13
20 Bristol City 44 12 13 19 49 -20
21 Fulham 44 11 15 18 48 -11
R MK Dons 44 9 12 23 39 -28
R Charlton 44 8 13 23 37 -38
R Bolton 44 4 15 25 27 -40
Latest F1 News
Latest Vital Boxing News

Recent Reading Results (view all)

Reading Fixtures (view all)

Apr 30 2016 3:00PM : Preston North End (H)
Sky Bet Championship
May 7 2016 12:30PM : Blackburn Rovers (a)
Sky Bet Championship