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BREAKING: Zingarevich could sell stake in Reading FC

Published: 7 Oct 2013 12:5815 comments

READING FC are remaining tight lipped over fears Anton Zingarevich is ready to sell his interest in the club.

Selling up? Left to right, Anton Zingarevich, chairman Sir John Madejski plus a member of the Oman FA shake hands during Reading's decent friendly against the Oman national team.

Reports are emerging that Zingarevich is looking for someone to buy his 51% stake which he purchased from chairman Sir John Madejski 16 months ago.

Russian businessman Zingarevich was due to acquire the remaining 49% for around £20 million from Sir John before the end of September through his Thames Sports Investment company.

However, when he failed to meet that deadline there were mounting concerns over his long-term commitment to the Royals.

Zingarevich, who studied at nearby Bearwood College, could now be on the verge of selling his stake in the Royals, possibly to a consortium from the Middle East.

Reading FC declined to comment on the rumours earlier today.

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