Reading set for Thames Sports Investment cash boost
Last updated on .From the section Football
Championship club Reading will receive investment from Thames Sports Investment Ltd, subject to due diligence and Football League approval.
They have signed a tentative agreement to own a "significant holding".
John Madejski will remain chairman, a role he has held since 1990, until at least 2014 and will become life president if he steps down.
TSI plan to provide "some limited funding" for the first-team squad in the current transfer window.
