News of Reading's sale has been spreading fast ever since Charles Watts and Jonny Fordham revealed on twitter that the club were in talks with two interested parties. It has since emerged that the club is up for a price of £1 (plus debts - which reportedly stand at £38m), a fact that news outlets have been quick to exploit for shallow headlines. According to Fordham, Zingaravich resigned from the board, and handed his shares back in January which would explain the frantic pleas from Madejski for someone to buy us. Indian businessman Mohit Burman , who sits on the board of Dabur India Ltd. , gave a huge sign of intent when offering to help pay the club's upcoming HMRC tax bill of around £3.5m if they entered into exclusive talks with him. He owns 46% of the King's XI Punjab - a team who have finally turned turned profitable three years after initial estimates. Slightly worryingly in 2010 there was a warrant for his arrest after "failing to appear [at] a hearing on ...
From the man who's still convinced that Nick Blackman is a good player.