Royals have lost their last two matches in all competitions including a 1-0 reverse at Sheffield Wednesday last weekend.

But Nigel Adkins’ men are only five points behind leaders Nottingham Forest and still very much in the promotion race ahead of a crunch home clash against third-placed Wolves this Sunday (1.15pm ko, live Sky Sports).

Now Reading fans are looking forward to a period of stability after the club’s takeover was finally ratified by the Football League last week.

Royals are now owned by three major investors, with Khunying Sasima Srivikorn, who becomes co-chairman alongside Madejski, taking 25%. Khun Narin Niruttinanon has acquired 50% and Khun Sumrith Thanakarnjanasuth the remaining 25%.

Srivikorn made her wealth in hotels, manufacturing and property, Niruttinanon’s family owns one of the largest fish processing companies in the world and Thanakarnjanasuth has a background in sports and casual clothing.

The trio backed Adkins in the transfer market before the deal had been approved and they are likely to do the same in the January window.

And Madejski is confident Reading will be bidding to win their second promotion to the top flight in a matter of four years.

He said: “We are delighted to welcome the new consortium on board, but the time to celebrate is when we have Premier League football at Reading.

“There is a very real chance of promotion this season. We have a great squad and manager and I think we will be there or thereabouts.

“We have certainly got the right attitude to make it into the Premier League.”

The takeover by the Thai consortium rescued Reading from the financial brink following Anton Zingarevich’s failed attempt at a buy-out.

Madejski stressed: “After a very tough year this brings closure. I’m delighted the deal has gone through and we have new partners who are lovely people.

“They’re all successful in their own right and they absolutely love the club.

“It gives the club security going forward which is what everybody wants. Nobody wants uncertainty which is what we’ve had for a very long time.

“We’ve done our best over the last 25 years to run the club well. We had a setback over the past two years with the Zingarevich family which was a very unhappy experience.

“But now I am far more positive about our progress going forward.”

And he added: “The manager is delighted this has been resolved at long last. The feed back we’ve had is very positive and people are delighted that we finally have a resolution.

“This has been ongoing since last August when the Zingarevich family upped sticks. It was an incredibly tough time and not something I want to go through again.”

Reading return to Championship action this Sunday when Wolves visit MadejskI Stadium for a televised clash (1.15pm ko, live Sky Sports).