Exciting news emerging this morning is that the long-running takeover saga could finally be close to an end. Yesterday's news was that the deal with Samrit Bunditkitsada to purchase the club for a fee in the region of £25m was allegedly under threat from fresh cash demands made by lending company Vibrac. However, Reading Post reporter Charles Watts and his predecessor Jonny Fordham have today claimed that the deal is not only still on, but will be completed today.
BREAKING: Told Samrit Bunditkitsada will complete his #readingfc takeover today. He's on his way to England from Thailand— Jonny Fordham (@JonnyFordham) July 17, 2014
Takeover to be finalised this morning I'm told. Board meeting at #ReadingFC in process. Hold on to your hats.— Charles Watts (@charles_watts) July 17, 2014