There is competition from bidders to take over Reading FC. A US-based consortium made the first move at the end of last week, submitting a bid for full control of the club on Friday. Rivalling that bid from across the Atlantic is a firm interest from a group of investors from Oman.
The American bid would be a complete takeover, acquiring both the majority 51 per cent stake of absentee owner Anton Zingarevich and the 49 per cent held by Sir John Madjeski.
There is competition from bidders to take over Reading FC. A US-based consortium made the first move at the end of last week, submitting a bid for full control of the club on Friday. Rivalling that bid from across the Atlantic is a firm interest from a group of investors from Oman.
The American bid would be a complete takeover, acquiring both the majority 51 per cent stake of absentee owner Anton Zingarevich and the 49 per cent held by Sir John Madjeski.
Reading are pushing for any deal to be completed imminently so that funds will be made available for boss Nigel Adkins to strengthen during this month’s transfer window. However, should neither takeover proceed they will consider other financing options, although it is not clear what these might be.