The Madejski Stadium

Next Game

Reading v N Forest

Saturday, 28 February 2015, 15:00

Sky Bet Ch'ship

Last Game

Huddsf'ld 3 - 0 Reading

Tuesday, 24 February 2015, 19:45

Sky Bet Ch'ship

Reading takeover group denied

Sky Sports understands a British consortium was overlooked in the battle to secure a takeover of Reading.

Last Updated: 25/07/14 at 10:13 Post Comment

Reading: Denied a British consortium looking to takeover the club

Reading: Denied a British consortium looking to takeover the club

The Championship club are on the verge of being taken over by a Thailand consortium, fronted by businessman Samrit Bunditkitsada.

The club had been looking for new investors for several months and held talks with more than one party.

Former majority shareholder Anton Zingarevich bought 51 per cent of the Royals in May 2012 and had been due to complete a full takeover in October last year.

However, the Russian pulled out of the deal and the club have been looking for new investment ever since.

An American consortium were bemused that their offer for Reading was not considered in favour of the reported Thai consortium, who have been struggling to close the deal after Reading accepted their bid over the Americans.

It is also now understood that a British consortium lead by two well-known and experienced British football directors had also shown their ability to fund a well-structured offer for the purchase of the club, but were dismissed by the shareholders in favour of the unknown Thai group wishing to buy Reading.

Related News

Most Commented

Readers' Comments

W

ell that really inspires me with confidence. No point in training, deciding on a coherent formation, or playing players in their best positions, let's just hope we get lucky.

mumbo_jimbo
Van Gaal: Luck is key

I

believe this is because for sepp Christmas is a 7 day feast finishing on the 25th

hiya
Blatter calls for early final

F

alcao really needs to shine now. Apparently according to the stats, he scores more when played up front alone. I wonder if Van Gaal will actually apply a formation to get the best out of him though.

anthracyte
Van Persie lay-off expected

Footer 365

Liverpool's Europa League exit a boost to top-four chances ahead of Manchester City showdown, says Jamie Carragher

Jamie Carragher looks ahead to Liverpool v Manchester City and reckons the Reds might find it easier to bounce back.

Arsenal announce £11m profit and £138.8m cash reserve

Arsenal have returned robust financial results, with turnover increased to £148.5m and an overall profit before tax of £11.1m.

Manchester United manager Louis van Gaal eyes 'luck'

Louis van Gaal claims the most important factor in Manchester United's pursuit of a top-four place is 'luck'.

Mail Box

Are Tottenham Right To Redevelop?

It's a really good Friday afternoon Mailbox, with thoughts on Spurs' ground development, the Europa league (leave it alone) and one man running for a very good cause...

Rodgers Is More Of A Paisley Than A Rafa

Most Liverpool fans in the Mailbox are claiming to be pleased to see the back of the Europa League. Plus merging the Europa and Champions League, and winter WC...

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