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TSI Complete 51% Takover of Reading FC

Wed 30th May 2012 | Clubs Ownership

Thames Sports Investment (TSI) have completed a 51% acquisition of Reading Football Club it was announced yesterday.

The group headed by Anton Zingarevich have completed the first stage of their takeover of the newly promoted Premier League club.

A statement released by the club 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.”

Posted by: Aaron Gourley

http://www.buttonshut.com http://www.buttonshut.com http://www.buttonshut.com

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