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
Adkins reflects on another loss (Wednesday October 22 2014)
Stats: Bournemouth v Reading (Wednesday October 22 2014)
Pressure grows on Adkins as Royals lose again (Wednesday October 22 2014)
Bournemouth 3 - 0 Reading (Tuesday October 21 2014)
Bournemouth (A) Match Preview (Tuesday October 21 2014)
Team news: Bournemouth vs Reading (Tuesday October 21 2014)
Royals interested in Bury defender (Monday October 20 2014)
Player Ratings - Derby (H) (Monday October 20 2014)
Stats: Reading v Derby (Sunday October 19 2014)
Gaffer hints at loans to improve defence (Sunday October 19 2014)
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