• Make a contribution
  • Get the Print Edition
  • Sign up for our daily newsletter
Sunday, May 31, 2026
  • Login
Reading Today Online
  • HOME
  • YOUR AREA
    • All
    • Caversham
    • Central Reading
    • East Reading
    • Katesgrove
    • Reading
    • Southcote & Coley
    • Tilehurst & Norcot
    • Whitley

    Former broadcast journalist made Mayor of Reading for 2026/27

    Reading Festival named among UK’s top summer music events

    New Reading council administration appointed after three lead councillors lose their seats

    Midge Ure turns back the clock with spectacular Hexagon performance

    Chopstix noodles and rice could keep on selling food until 4am

    Starbucks set to occupy upcoming takeaway pod busy junction

    First black female mayor of Reading reflects on her year

    Reading towpath chase leads police to hidden Class A drugs

    Decision to be confirmed on replacement of closed Caversham school with more than 60 homes

  • COMMUNITY
  • CRIME
  • READING FC
  • SPORT
    • All
    • Basketball
    • Football
    • Rugby

    Reading FC confirm first pre-season friendly of the summer

    Reading FC face battle for transfer target as Oxford United move ahead

    ‘He’d be a big loss’: Reading FC legend comments on transfer speculation surrounding Royals’ star

    Former Reading FC star becomes free agent after being released by Championship club

    Berkshire and Oxfordshire take win a piece in NCCA T20 double header

    Shortlist announced for Football in Berkshire 2026 awards

    Reading FC could be set for big fee as former winger is linked with big money Premier League move

    Work starts on Reading FC’s pitch in ‘major summer of investment’

    Reading FC Women conclude season of progress

  • ENTERTAINMENT
    • ARTS
    • READING FESTIVAL
    • READING PRIDE
    • WOKINGHAM FESTIVAL
  • READING FESTIVAL
  • BUSINESS
  • MORE…
    • ADVERTISE
    • CONTACT US
No Result
View All Result
Reading Today Online
No Result
View All Result
Home Sport Football Reading FC

Sir John Madejski ‘optimistic’ that Reading FC takeover will be completed in ‘near future’

Andy Preston by Andy Preston
Monday, March 18, 2024 11:02 am
in Football, Reading FC, Sport
A A
Reading FC Sir John Madejski

Reading FC Sir John Madejski

Share on FacebookShare on Twitter

Former Reading FC chairman Sir John Madejski is ‘optimistic’ that a deal to sell the club will be finalised in the near future.

Speaking on BBC Radio Berkshire, Madejski gave his thoughts after reports emerged that a North American investment group are in advanced negotiations to purchase the club from Dai Yongge.

“I’m always an optimistic person and I think things will ratify in the near future and the club will be sold,” said Madejski.

“If, as I think there are some very wealthy owners lining up, about three of them as I understand it, they’ve got incredibly deep pockets and if they can keep the training ground that would be wonderful because it’s state of the art.

“Yes certainly that’s in the frame (the North American consortium) and I think there are a couple of others.

“If there are any business people out there listening , I think reading could be a tremendous opportunity for somebody out there with deep pockets, I really do.

Related posts

Reading FC confirm first pre-season friendly of the summer

Reading FC face battle for transfer target as Oxford United move ahead

‘He’d be a big loss’: Reading FC legend comments on transfer speculation surrounding Royals’ star

Former Reading FC star becomes free agent after being released by Championship club

It is understood that a meeting between Dai Yongge’s representatives and the potential new owners of the club is set to take place today.

Madejski also gave his thoughts on the proposed sale of Bearwood Park to Wycombe Wanderers and believes that a deal is unlikely to be completed.

He continued: “I just still can’t my head around Wycombe, it just does not make sense in any shape or form.

“It’s 20 odd miles away. I just don’t get it. Personally I don’t think that is going to grow legs, I really don’t.

“The club is definitely strapped for money. The facilities at Bearwood are so off the richter scale, it’s a luxury, luxury thing to be able to have in your portfolio.

“A: can we afford it and B: do we really want it? Can’t we train somewhere else?

Keep up to date by signing up for our daily newsletter

We don’t spam we only send our newsletter to people who have requested it.

Check your inbox or spam folder to confirm your subscription.

Tags: dai yonggeReading FCreading fc takeoverReading Football Clubsir john madejski
Previous Post

‘We can’t cope anymore’: Reading FC boss Ruben Selles speaks on ownership situation

Next Post

M4 closed again due to police incident

FOLLOW US

POPULAR STORIES

  • Teenage boy charged with murder following Lower Earley stabbing

    0 shares
    Share 0 Tweet 0
  • Latest on the redevelopment of The Oracle in Reading

    0 shares
    Share 0 Tweet 0
  • One arrested, one dead, and murder investigation launched after Lower Earley stabbing

    0 shares
    Share 0 Tweet 0
  • One dead, two being treated, following confirmed Meningitis case in Reading

    0 shares
    Share 0 Tweet 0
  • Reading FC could be set for big fee as former winger is linked with big money Premier League move

    0 shares
    Share 0 Tweet 0

RDG.Today – which is a Social Enterprise – provides Reading Borough with free, independent news coverage.

If you are able, please support our work

Click Here to Support RDG.Today

ABOUT US

Reading Today is dedicated to providing news online across the whole of the Borough of Reading. It is a Social Enterprise, existing to support the various communities in Reading Borough.

CONTACT US

news@wokinghampaper.co.uk

Reading Today Logo

Keep up to date with our daily newsletter

We don’t spam we only send our newsletter to people that have subscribed

Check your inbox or spam folder to confirm your subscription.

The Wokingham Paper Ltd publications are regulated by IPSO – the Independent Press Standards Organisation.
If you have a complaint about a  The Wokingham Paper Ltd  publication in print or online, you should, in the first instance, contact the publication concerned, email: editor@wokingham.today, or telephone: 0118 327 2662. If it is not resolved to your satisfaction, you should contact IPSO by telephone: 0300 123 2220, or visit its website: www.ipso.co.uk. Members of the public are welcome to contact IPSO at any time if they are not sure how to proceed, or need advice on how to frame a complaint.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • MY AREA
    • Central Reading
    • East Reading
    • Bracknell
    • Calcot
    • Caversham
    • Crowthorne
    • Earley
  • CRIME
  • COMMUNITY
  • SPORT
    • Reading FC
    • Football
    • Rugby
    • Basketball
  • ENTERTAINMENT
    • ARTS
    • READING PRIDE
    • WOKINGHAM FESTIVAL
  • READING FESTIVAL
  • OBITUARIES
  • BUSINESS
  • ADVERTISE
  • CONTACT US
  • SUPPORT US
  • SIGN UP FOR OUR NEWSLETTER
  • WHERE TO GET THE PRINT EDITION

© 2021 - The Wokingham Paper Ltd - All Right Reserved.