Date:Saturday June 7 2014
Former board member Chris Samuelson certainly had some interesting things to say in a recent interview, where he lifted the lid on the financial troubles at the club.
You can read the full interview on here on the BBC, but here are just some of Samuelson's quotes from the interview on BBC Berkshire: 'Reading chairman Sir John Madejski has handed power over to the lender. I hope the lender realises that the value of this club is little more than the deficit today when you consider all the parameters.'
'I'm aware of one party who are producing proof of funds as we speak. They have submitted an offer with a timescale of it to be done very fast. They are an investment company and have substantially deep pockets. They have offered to clear the debt, buy the hotel and invest in the team so they can challenge for promotion.'
Commenting on Zingarevich's role, he said: 'Anton is very disappointed. He is still a big supporter of Reading Football Club. It did not get any extra investment from Anton Zingarevich which had originally been expected. The only way to bolster the team was to borrow money. Loans were arranged and secured on Premier League payments.'
Very revealing quotes, but does this leave us with more questions than answers? Who is this consortium reportedly close, as it seems it is not Burman's? Is Samuelson involved in this consortium somehow, especially as he is talking them up? Can we believe every word that is coming out of Samuelson's mouth? I'm not too sure at the moment.
I'm not prepared to call Samuelson a liar - at the end of the day, he is no longer affiliated with the club, for the time being anyway. The only positive we can take from this is that a deal is in an advanced stage at this point and should hopefully be on course to be in place before pre-season, which is vital for improving the playing squad.
Date:Saturday June 7 2014
Team news: Norwich vs Reading (Thursday November 27 2014)
Gaffer joins Twitter! (Thursday November 27 2014)
Pearce red appeal rejected (Wednesday November 26 2014)
Reading to appeal red card (Tuesday November 25 2014)
Under 21s victorious in cup (Tuesday November 25 2014)
Gunter backs the manager (Monday November 24 2014)
Pearce shocker costs Royals in another defeat (Saturday November 22 2014)
Adkins slams poor away form (Saturday November 22 2014)
Stats: Cardiff v Reading (Saturday November 22 2014)
Cardiff 2 - 1 Reading (Saturday November 22 2014)
|13. Sheff Wed||18||4||10||4||-2||22|
|16. Leeds Utd||18||5||5||8||-5||20|
|Away attendance tracker to be used for Forest trip
» Leeds Utd : 27/11/2014 21:08:00
|BWFC: Three Years On
» Bolton : 27/11/2014 21:00:00
|LUFC Leeds United v Derby County Team News
» Leeds Utd : 27/11/2014 20:55:00
|Former players shipped out on loan deadline day
» Leeds Utd : 27/11/2014 20:33:00
|Ajose - I have wanted to leave for three months
» Leeds Utd : 27/11/2014 20:00:00