Reading will be back in Premier League says owner Anton Zingarevich


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The Independent Football

Owner Anton Zingarevich insists Reading are strong enough financially to cope with their relegation to the Championship.

The club's one-year stay in the Premier League came to an end on Sunday when they drew 0-0 with Queen's Park Rangers, who were also relegated. Their failure to stay up means they will not be part of the bumper new TV deal, which will see every top-flight club be given £14m more per season.

But Zingarevich said: "We are in a good place financially. The club was run in a prudent way before and that is how it will be run in the future. Obviously the new TV deal would have helped, but we will come back in 12 months."