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Saturday, 02 May 2015, 12:15

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Reading consider takeover bids

Sky sources understand Reading are holding a board meeting on Tuesday about the future ownership of the club and to discuss takeover bids on the table.

Last Updated: 27/05/14 at 12:06 Post Comment

Anton Zingarevich and Sir John Madejski: Looking for buyer at Reading

Anton Zingarevich and Sir John Madejski: Looking for buyer at Reading

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Sir John Madejski is in talks with Israeli billionaire Teddy Sagi about the sale of the Championship side, and Sagi's helicopter was pictured at the Madejski Stadium on Wednesday.

But Indian businessman Mohit Burman, who part owns the Kings XI Punjab - a cricket team in the Indian Premier League, is also believed to want to take control of the club.

Russian businessman Anton Zingarevich bought 51 per cent of the club two years ago and was due to buy the remaining 49 per cent off Madejski by the end of September, but he missed the deadline.

Madejski and Zingarevich are now looking for a buyer to take over 100 per cent of the club but sources have told Sky Sports the club have enough funding in place for the rest of the summer.

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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

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