Zingarevich completes Royals takeover

Zingarevich completes Royals takeover

PA Sport
Published 29/05/2012 16:02 by PA Sport, read by 1,242 people.

Anton Zingarevich has finally completed his takeover of Barclays Premier League new boys Reading.

The mega-rich Russian businessman 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."

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