Date:Monday April 23 2012
Reading chairman Sir John Madejski has said that the takeover of the club will be completed at some point this week.
Thames Sports Investments, led by Russian billionaire Anton Zingarevich are on the verge of buying the Premier League club for £25 million from Madejski. The deal was set to be completed at the end of March but a delay has occurred due to the Football League and now the Premier League wanting to look into the potential takeover, especially because of recent problems the likes of Portsmouth and Rangers have suffered.
Speaking to BBC Radio Berkshire, Madejski said: 'So all that bodes well for Reading football club, let's dot the i's and cross the t's, let's make sure, perfectly sure that what's going forward is going forward and so therefore everybody's happy. I'm sure it's going to happen but I think it is right and proper that the league have got to be very circumspect.'
'We want to make sure that the deal is completely watertight for the sake of the club going forward. But that should all pan out. All these questions will be answered substantially and at the end of the day the Premier League are not going to allow people into the league unless they are fit for purpose and indeed that they've got the money to do what they say they are going to do.'
No Reading fans can question Anton Zingarevich's commitment to the club, after providing Brian McDermott with appropriate funding in January to help the club's rise to the Premier League. The 29-year old tycoon has attended many home games this season and his father, Boris, attended yesterday's game against Crystal Palace.
Date:Monday April 23 2012
Midfielder frustrated with red return (Wednesday April 16 2014)
Player Ratings - Leicester (H) (Wednesday April 16 2014)
Royals back in play-offs with Foxes point (Wednesday April 16 2014)
Stats: Reading v Leicester (Tuesday April 15 2014)
Adkins satisfied with crucial point (Tuesday April 15 2014)
Reading 1 - 1 Leicester (Monday April 14 2014)
Key man watch: Riyad Mahrez (Monday April 14 2014)
Leicester (H) Match Preview (Monday April 14 2014)
Team news: Reading vs Leicester (Sunday April 13 2014)
Vital poll results: Fans not confident (Sunday April 13 2014)
|3. Derby County||42||22||9||11||27||75|
|Glovers Recall Foley
» Yeovil : 16/04/2014 19:34:00
|Vital Latics Wembley Coach Raffle Winners
» Wigan : 16/04/2014 18:34:00
|Midfielder frustrated with red return
» Reading : 16/04/2014 18:01:00
|Pompey keen on McCabe loan extension
» Sheff Wed : 16/04/2014 15:52:00
|Charlton 1-2 Barnsley
» Charlton : 16/04/2014 13:54:00
» Barnsley : 16/04/2014 12:54:00
|Ex-Owl Jones sacked by Port Vale
» Sheff Wed : 16/04/2014 11:44:00