iPro Stadium

Last Game

Derby 0 - 3 Reading

Saturday, 02 May 2015, 12:15

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

N

ow is the time for Allardyce to finally get a chance at a big club please. He is likely to have a number of great offers for his services this summer, but who will he choose? Will it be Liverpool, Real Madrid, Dortmund or Man City?

medina_sod
Allardyce leaves West Ham

I

thought exactly this when the Match of the Day pundits were peddling this line. Is it really not okay for fans of a club to have some ambition these days then?

damoceltic
Bored Of Big Sam? It's Your Right...

H

ow magnanimous off him - to leave if he's asked to by the owners? What's the alternative, bunker down in his office claiming squatter's rights if FSG want rid?

feed the bear
Rodgers: I'll go if owners want

Footer 365

Rafael Benitez '99 per cent' certain to be next Real Madrid boss

Rafael Benitez is '99 per cent' certain to be Real Madrid boss, says Carlo Ancelotti's representative Ernesto Bronzetti.

Middlesbrough 0-2 Norwich: Cameron Jerome and Nathan Redmond strike as Canaries seal immediate return to Premier League

Norwich City gained promotion to the Premier League with a 2-0 victory over Middlesbrough in the Championship play-off final at Wembley.

Yaya Toure will stay at Manchester City, insists agent Dimitri Seluk

Yaya Toure will stay at Manchester City, according to his agent.

Mail Box

Reviewing Every PL Side's Season...

Time to half-heartedly agree or furiously reject some ratings. The mails also discuss the most complete striker ever in football, as well as Rodgers, Falcao and Bill O'Herilhy.

Can We Combine Danny And Theo?

The finishing of Theo Walcott and the hold-up play of Danny Welbeck would be just perfect. Plus, lots of Brendan Rodgers, some Big Sam and all hail Degsy...

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