RoyalBlueChairman Sir John Madejski said: "These are exciting times for the club and Danny's acquisition is another step forward for us.
Surely you mean 'dangerous times for the club' John, what with splashing out all this cash in such a reckless and unlike 'Reading Way' or is it easy to get excited over doing the right thing now it is someone else's money?!
He never pretended that the club didn't need someone with more money than him to fund its progress. He was quite open that it had to fund itself under him post 2006.