Reading announce Thames Sports Investment takeover complete

Reading confirm that the Thames Sports Investment takeover of 51% of the club has officially gone through.

Published: May 29 2012 | 15:35

Last updated: May 29 2012 | 17:19

Reading have announced that a takeover by Thames Sports Investment for 51% of the club has been completed.

The deal has been in motion in recent months and after officially meeting all the Premier League and Football League criteria, the acquisition has gone through.

The Royals have confirmed that Anton Zingarevich, who owns Thames Sports Investment, Christopher Samuelson and Andre Obolensky have been added to the board of directors, while chief executive Nigel Howe has been introduced with Ian Wood-Smith retaining his position within the club.

"The Football Club and TSI would like to thank both the Premier League and Football League for their assistance, and we now enter another bright new era for our historic club, back in the Barclays Premier League," a statement read on the club's official website.

Reading will begin their new season in the top flight alongside Southampton and West Ham United.

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Premier League Table

	Team	P	W	D	L	F	A	GD	PTS
1	Wycombe Wanderers Wycombe	18	12	4	2	39	21	18	40
2	Wrexham	19	12	4	3	28	11	17	40
3	Birmingham City Birmingham	17	12	3	2	32	16	16	39
4	Huddersfield Town Huddersfield	18	11	2	5	28	16	12	35
5	Stockport County Stockport	19	9	6	4	31	19	12	33
6	Reading	18	9	4	5	30	25	5	31
7	Bolton Wanderers Bolton	17	9	3	5	28	27	1	30
8	Barnsley	19	7	6	6	27	25	2	27
9	Lincoln City Lincoln	19	7	6	6	24	23	1	27
10	Mansfield Town Mansfield	17	7	3	7	22	22	0	24
11	Exeter City Exeter	18	7	3	8	16	19	-3	24
12	Charlton Athletic Charlton	18	6	5	7	18	19	-1	23
13	Blackpool	18	6	5	7	26	31	-5	23
14	Stevenage	17	6	4	7	13	16	-3	22
15	Peterborough United Peterborough	18	6	3	9	33	32	1	21
16	Leyton Orient	18	6	3	9	19	20	-1	21
17	Northampton Town Northampton	19	5	6	8	21	26	-5	21
18	Bristol Rovers	18	6	3	9	17	26	-9	21
19	Wigan Athletic Wigan	18	5	5	8	15	16	-1	20
20	Rotherham United Rotherham	17	5	5	7	16	20	-4	20
21	Crawley Town Crawley	18	5	4	9	17	28	-11	19
22	Cambridge United Cambridge	18	4	4	10	18	29	-11	16
23	Burton Albion	18	2	5	11	16	30	-14	11
24	Shrewsbury Town Shrewsbury	18	3	2	13	18	35	-17	11