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
Is this the best start to a transfer window here? (Thursday July 2 2015)
Reading sign Quinn (Tuesday June 30 2015)
Orlando Sa confirmed as first summer signing (Monday June 29 2015)
Reading interested in Clayton Donaldson (Monday June 29 2015)
Reading close in on Myhill (Saturday June 27 2015)
Fosu signs a new deal (Saturday June 27 2015)
Suddenly it's a good time to be a royal (Thursday June 25 2015)
Clarke given the 'green light' to bring players in (Thursday June 25 2015)
Will Clarke be tempted to walk (Wednesday June 24 2015)
Youngsters that may get game time- Part 3 (Wednesday June 24 2015)
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