The Madejski Stadium

Next Game

Reading v Sheff Wed

Saturday, 31 January 2015, 15:00

Sky Bet Ch'ship

The Den

Last Game

Millwall 0 - 0 Reading

Tuesday, 27 January 2015, 19:45

Sky Bet Ch'ship

Zingarevich remains positive

Reading owner Anton Zingarevich insists the Royals are strong enough financially to cope with their relegation to the Championship.

Last Updated: 01/05/13 at 14:56 Post Comment

Anton Zingarevich: Reading owner upbeat despite relegation

Anton Zingarevich: Reading owner upbeat despite relegation

The club's one-year stay in the Premier League came to an end when they drew 0-0 with QPR on Sunday and as a result they will not be part of the bumper new TV deal which will see every top-flight club handed an additional £14m per season.

But Zingarevich, who bought Reading from Sir John Madejski last year, claims the Berkshire club are in a sound enough financial position to manage without the money.

"We are in a good place financially," he said. "The club was run in a prudent way before [he took charge] and that is how it will be run in the future.

"Obviously the new TV deal for the Premier League would have helped, but we will come back in 12 months.

"I don't want to think about what would have happened. We are focused on what we want to achieve in the next 12 months."

Zingarevich says he will do everything he can to make sure manager Nigel Adkins can launch a promotion challenge next season.

"We need to give the manager all the tools he needs," he added.

"We will sit down and discuss specifics and understand what his wishes are in terms of the current group.

"For me it's not the amount that needs to be spent but how you spend the money. We need to go out and sign the right players for us. It is like any investment."

Related News

Most Commented

Readers' Comments

H

opefully Jose turns up to the game wearing a T-Shirt with Costa's face on, that's the classy thing to do in these situations right?

Petulant_Radish
Costa loses appeal

C

onfirmed. Nick Miller is a douche bag. Lazy, incoherent rant is what this article should be titled. And for the editor to have the temerity to pass this as acceptable writing is shocking. Ah well, anything for clicks right? You got mine. Well done. Your mother must be proud.

poolshortsdown
Gerrard Constantly Searching For That Final Hurrah

T

his Martinez guy is mental. He'll get us relegated. I said that when they appointed him. Sack him now, Bill!

nilsatisnisi
'No need to replace Eto'o'

Footer 365

Premier League: Costa loses appeal against FA charge and gets three-match ban

Diego Costa has lost his appeal against an FA violent conduct charge and will start a three-match ban against Man City.

Sinclair joins Aston Villa on a season-long loan from Manchester City

Scott Sinclair has joined Aston Villa on a season-long loan from Manchester City, with a view to a permanent move.

Premier League: Arsene Wenger convinced new signing Gabriel will be a hit at Arsenal

Arsene Wenger says new signing Gabriel ticks all the boxes when it comes to coping with the demands of English football.

Mail Box

Red Mist Better Than Calculated Costa?

Hmmm. We're not sure about this argument - one Mailbox says Luis Suarez is easier to forgive because he is a little loco. We also have mails on Studge and more...

It's A Massive, Big, Brilliant Mailbox

And we left lots of Suarez/Costa mails unopened. What we do have is a video of some rotten Suarez tackles and views on the future of football, Spurs, Liverpool and...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company