Reading FC poised for multi-million pound investment deal

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Reading FC poised for multi-million pound investment deal

Post by johnH »

By Jonny Fordham
January 20, 2012

Sir John Madejski: 'I will continue as Chairman of the club, and the club will continue to operate in the same prudent and business-like manner that it always has'

Royals are on the verge of a possible multi-million pound investment.

Chairman Sir John Madejski released a statement on Friday saying: “I am pleased to announce that I have today entered into an initial agreement with Thames Sports Investment that may lead to an investment in Reading Football Club..... ... tment_deal
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Russian close to £40 million take over of Reading FC

Post by speedwaychips »

Russian close to £40 million take over of Reading FC

Anthony Smith• Published 21 Jan 2012

THE man behind the proposed take over of Reading FC is Russian tycoon Anton Zingarevich.

The 29-year-old looks set to close a deal that would see his newly-founded company, Thames Sports Investments, acquire a 51 per cent stake in the Championship club.

A statement released by Reading FC today says the club expects the deal to be completed in March.

It continues: "The transaction, as agreed with Sir John Madejski, includes providing Reading Football Club with some limited funding now to enable Brian McDermott and Nick Hammond (director of football) to strengthen the playing squad during this January transfer window."

Reading are being strongly linked with a move for Blackburn's out-of-favour striker Jason Roberts.

Zingarevich was educated at a private school in the Reading area and went to Reading University. He then moved to New York to continue his university studies.

Read More: ... st-comment


Interview with BBC 1 North West presenter Gordon Burnes regarding alledged bid for Everton FC by Russians on 23 of August 2004 during 13:30 News Programme.

Russians deny Everton bid

Boris Zingarevich is not planning to buy directly or indirectly assets abroad and this applies to his son Boris Zingarevich's spokesman
Russian Anton Zingarevich's planned £20m investment in Everton has been denied by his billionaire father Boris.
"As far as we know he is not planning to buy Everton. He does not have the means." said a spokesman for Ilim Pulp, Boris Zingarevich's company.

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also read: ... ycoon.html
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