Date:Friday August 1 2014
It's not officially completed yet, but Reading have released a statement confirming the incoming of Thai investment into the club.
The official statement confirms a 'partnership' between chairman Sir John Madejski and a Thai consortium, headed by businesswomen Khunying Sasima. It has to be urged that it has been fully completed yet, as everything still needs to be ratified by the Football League.
Speaking to the Official Reading FC website, Sir John said: 'I am delighted with these developments and would like to officially welcome Khunying Sasima to Reading Football Club. The Club were not intending to make any comment until all the formalities have been completed.
'For the sake of clarity we believe it is in everyone's interest to release this statement now. Upon the completion of all the necessary procedures we will of course update everyone further. In the meantime I am sure you share my excitement at the possibilities ahead.'
This is good that we are finally hearing an official word from the club, but are there more questions than answers now? It was interesting how there was no mention of the word takeover in the statement, but essentially is, as Sir John can no longer financially support the club.
No mention of Samrit Bunditkitsada, but according to Reading Post writer Charles Watts, is still involved in the consortium. It is strange how Samrit is no longer leading it though, considering he has been the main man with all the speculation - will there maybe be another twist?
Date:Friday August 1 2014
The Opposition View - Norwich (Friday November 28 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)
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|16. Leeds Utd||18||5||5||8||-5||20|
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