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Reading FC co-owner applauds the impact of Financial Fair Play rules

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The co-owner of Sky Bet Championship side Reading has hailed the impact that the financial fair play rules has had on English football.

The Royals co-owner has praised FFP

The Royals co-owner has praised FFP

Royals co-owner Khunying Sasima Srivikorn has said that the new rules that were brought in in the past couple of seasons are the “most wonderful thing to happen to English football”.

She told BBC Radio Berkshire: “We are committed to doing that carefully, nicely and together with [manager] Steve Clarke.

“I can understand the fans would want someone to come in with a huge amount of money and spend, spend, spend on players but I don’t think that is the wise way to do it.”

Reading, who were beaten narrowly by Arsenal on Saturday in the FA Cup semi-final, announced in August 2014 that they were going into a “partnership” that had four Thai members in it, which was led by Sasima.

The club have also recently announced that they have been granted permission from Wokingham Borough Council ahead of the development of a new training and academy facility at Bearwood Park.

Former owner of the club and co-chairman Sir John Madejski said that the new development is the “most exciting thing to happen to the club”.

Madejski said to the BBC: “You have seen an enormous investment in the academy and this is the way football is going.”

Upon selling the club, Madejski said that he had finally managed to find somebody to sell the club to that was the right sort of person that the club was looking for to take them forward after the “unsavoury” spending of former owner Anton Zingarevich.


ScoopDragon Football News Network

Article title: Reading FC co-owner applauds the impact of Financial Fair Play rules

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