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According to the infamous French football magazine, L’Equipe, Monaco owner, and Russian billionaire Dmitry Rybolovlev is plotting a move to invest in 20% of Reading FC.
The Russian pioneer, who is the 156th richest man in the world, made his vast wealth in the medical industry with his father and after becoming President of Monaco FC and splashing out money on the likes of Falcao and James Rodriguez, reports in France suggest he is looking to plan an investment in Reading.
Early last season, long-lasting chairman John Madejski handed over the reigns to a Thai Consortium, however it has been known that majority shareholder Narin Niruttinanon only ever wanted a 25% stake in the Berkshire outfit, however he had to take 50% when Samrit Bunditkitsada refused to partake in the Football League owner examination. So, the possibility of releasing 20% of his stake may be a welcome opportunity.
However, current Reading gaffer, Brian McDermott will be cautious about the possibility of a Russian billionaire buying the club, and rightly so after the extremely unfortunate events under the tenure of Anton Zingarevich who bought the club in 2012, spent a lot of money on players and their wages, and then effectively, went rogue with all of the club’s money. So, there may be caution but the possibility of a big money investment in this day and age of football may surely be too good to turn down.
Also, the fans will share the cautious feelings of McDermott ever the destruction left by Zingarevich, however, in this day and age of football, a wealthy investor who may help the club return to the Premier League is surely too good of an opportunity for the Reading board to turn down, as we have seen last summer, players are starting to cost more and more by the minute
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