Russian businessman completes Reading takeover

Premiership new boys Reading have a new owner, Russian businessman Anton Zingarevich.

Premiership new boys Reading have a new owner, Russian businessman Anton Zingarevich.

Zingarevich agreed to buy 51% of the Royals from John Madejski in January through Thames Sport Investment, owned by Zingarevich.

A statement released by Reading read: "Reading Football Club are pleased to announce that a 51% acquisition by Thames Sports Investment (owned by Anton Zingarevich) has now been completed, complying with all Premier League and Football League requirements.

"Four additional directors have been added to the Reading Football Club board chaired by Sir John Madejski, namely Anton Zingarevich, Christopher Samuelson, Andrew Obolensky and chief executive Nigel Howe. Ian Wood-Smith also remains a director.

"The football club and TSI would like to thank both the Premier League and Football League for their assistance, and we now enter another bright new era for our historic club, back in the Barclays Premier League."

 
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