Sir John thanks Royals fans for their loyalty as he reveals latest on takeover talks

Reading Football Club’s chairman has issued a statement revealing that Anton Zingarevich has left the club and that there is necessary funding in place to take the club forward.

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Sir John Madejski also sought to reassure Royals’ fans that the club is looking for the right owners and is in no hurry to sell up.

“It is imperative that there is no rush to judgement and that we take the necessary time in choosing the right person for the future of Reading Football Club,” Sir John said.

He also thanks fans for their “trust and patience” as well as their “loyalty in renewing their season tickets”.

Sir John added: “During my 24-year tenure as Chairman, I have always tried to be as open as possible with our fans – the lifeblood of this club – and as always we will continue to keep our supporters fully informed at every turn.”

He continued: “I would like to take this opportunity to assure our fans that the club is secure going forward.”

The statement comes as speculation continues over who will buy the club, with several international businessmen linked to the deal.

Sir John’s statement in full:

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As Chairman, I would like to confirm that we have the necessary funding in place to safely take the club forward.

Together, we continue to look for new ownership of the Club and, as the wealth of speculation can attest, there has been plenty of interest but no firm offers.

However, it is imperative that there is no rush to judgement and that we take the necessary time in choosing the right person for the future of Reading Football Club.

While there is no takeover with any new investors, the process is ongoing. I would like to take this opportunity to assure our fans that the club is secure going forward.

The club can announce that Directors Anton Zingarevich, Christopher Samuelson and Andrew Obolensky have left the board.

I would also like to thank our supporters for their trust and patience during this period and their loyalty in renewing their season tickets for the 2014-15 season.

During my 24-year tenure as Chairman, I have always tried to be as open as possible with our fans – the lifeblood of this club – and as always we will continue to keep our supporters fully informed at every turn.

However, I am sure everyone can appreciate that it would not be appropriate for me or anyone at the club to comment any further on matters regarding potential ownership and investment at this point in time.

Sir John Madejski OBE, DL, DLitt

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