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Club News

Sir John on investment

8 January 2014

'Progress is being made'

Chairman Sir John Madejski has spoken about potential new investment in Reading Football Club.

Writing in his most recent programme notes, the Chairman said, "Much has been spoken about the ownership status and investment in the club over the last few months.

"I can reassure Royals fans that progress is being made with regards to that, and the most important statement I can make at this moment in time is that we are all very confident about the future at Reading. 

"As I say, progress is being made, and it is naturally in the interests of every single person connected to the club to attain promotion back to the Premier League as soon as possible."

Chief Executive Nigel Howe said, "There are a number of parties interested in acquiring ownership of the club. 

"Discussions have been ongoing for a number of months and we are hopeful of having funding secured by the end of January, so that we will be able to invest in this transfer window."

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