Jump to content

Reading: Thai consortium takes over Championship club


Recommended Posts

Posted

Reading: Thai consortium takes over Championship club

READING: -- A Thai consortium has successfully completed a takeover of Reading, the Championship club have confirmed.

The partnership with the group, led by businesswoman Khunying Sasima Srivikorn, was first announced in July.

She will now become co-chairman with Sir John Madejski, who has been with the Berkshire club since 1990.

Previous majority shareholder Anton Zingarevich left the club's board in June, but Madejski had been looking for new investment since last year.

In a statement, Madejski said: "I cannot speak highly enough of our new partners from the time we have spent together so far."

Read More: http://www.bbc.com/sport/0/football/29285081

bbclogo.jpg
-- BBC 2014-09-19

Posted

"Madejski told BBC Radio Berkshire he estimates that running the club has cost him around £50m and also revealed the new owners have "taken on a substantial amount of debt" which had built up at the club."

I thought these footballer types were minting it.

Sounds like a bottomless bucket.

Should have bought a bar in Pattaya, that is a lot of play money; 100,000,000 Baht/year.

Posted

She's probably promised him 65,000rai that he can build a lovely house on for retirement. No need worry about Chanote cos her father has given her the land, he just needs a new Hilux

  • Like 1

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...