Reading To Partner With Thai Consortium
Fri 1st Aug 2014 | Clubs Ownership
Reading Football Club Chairman, Sir John Madejski has announced a partnership with a Thai consortium led by Khunying Sasima Srivikorn.
Termed as a partnership, Khunying Sasima’s consortium are understood to be taking a majority stake in the club after Anton Zingarevich has put his 51 per cent stake of the club on the market in May.
Sir John said in a statement released by the club, "I am delighted with these developments and would like to officially welcome Khunying Sasima to Reading Football Club.
"The Club were not intending to make any comment until all the formalities have been completed, but for the sake of clarity we believe it is in everyone's interest to release this statement now.
"Upon the completion of all the necessary procedures we will of course update everyone further, and in the meantime I am sure you share my excitement at the possibilities ahead."
Khunying Sasima said, "I am absolutely delighted to be entering into this partnership with Sir John, and working with a club with such a strong reputation.
"I and my fellow investors look forward to supporting Sir John and working toward a successful future together.
"We still have some formalities to complete and plenty of work ahead of us – but we are excited about what lies ahead."
Posted by: Aaron Gourley
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