Reading 'close' to Thai takeover

Reading 'close' to Thai takeover
© Getty Images
Championship side Reading are reportedly close to being taken over by an unknown Thai investor.

Championship side Reading are reportedly close to being taken over by a Thai investor.

The Royals have been trying to find a new owner since last year, with majority shareholder Anton Zingarevich standing down from the board earlier this month.

According to BBC South Today, a deal with the unknown investor, who would have to pass the Football League's owners and directors' test, could be concluded within seven days.

Reading will play in the Championship for a second straight season in 2014-15 after missing out on the playoffs last term.

Reading board member Anton Zingarevich watches the team on August 3, 2013
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