As featured on NewsNow: Football news

American consortium interested in Reading takeover

Reading are poised to receive a bid from an American consortium to take over the Championship club, reports BBC Sport. The Royals have been looking for new investors for several months and have held talks with more than one party.

Takeover talks have gathered pace in recent weeks with the club also thought to be in discussions with potential backers from the Middle East.

Majority owner Anton Zingarevich has not been at a league game since August and is thought to be ready to sell up.

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