UK time is: 23:07:36
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Madejski: Takeover will be completed this week

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.

Join The Vital Debate




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 April 23 2012

Time: 2:00PM

 

Have Your Say

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

Recent Reading Articles

Team news: Rotherham vs Reading (Monday April 27 2015)

Clarke reflects on Brentford loss (Sunday April 26 2015)

Stats: Reading v Brentford (Sunday April 26 2015)

Toothless Royals lose again (Saturday April 25 2015)

Brentford (H) Match Preview (Friday April 24 2015)

Team news: Reading vs Brentford (Friday April 24 2015)

Clarke: It's a familiar feeling (Thursday April 23 2015)

Stats: Reading v Birmingham (Thursday April 23 2015)

Archived Reading Articles

List All Vital Reading Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

1. eddie55 2

League Table (view table)

Team P W D L GD Pts
16. Huddersfield 45 13 15 17 -17 54
17. Fulham 45 14 10 21 -19 52
18. Bolton 44 13 12 19 -9 51
19. Reading 44 12 11 21 -23 47
20. Brighton 45 10 16 19 -10 46
21. Rotherham 44 10 15 19 -22 45
22. Millwall 45 9 14 22 -32 41

Breaking League News

Bolton : 27/04/2015 21:36:00
RUFC - Head-to-Head v Reading
Rotherham : 27/04/2015 19:44:00
RUFC - Gaffer Plea To Fans
Rotherham : 27/04/2015 19:36:01
RUFC - Evans 'We Note Comments And Dismiss Them'
Rotherham : 27/04/2015 19:32:00
Keogh In PFA Team Of The Year
Derby County : 27/04/2015 19:31:00

Current Site Poll (view all polls)

Prediction for the Cardiff game?
Suggested By:  Josh
Win 51%
Draw 33%
Loss 16%