New Reading owner Anton Zingarevich believes he can make the club a major Premier League force within five years.
The 30-year-old Russian believes that with the right investment the Royals can become a regular top 10 club in the division. Zingarevich's takeover is expected to be completed later this week upon approval from the Premier League.
"I think we can be a top 10 club in England within the next five years," he told the Reading Chronicle.
Zingarevich expressed his pride at being a part of the celebrations at the Madejski Stadium last weekend when Reading paraded their npower Championship title to supporters. He added: "It was a fantastic day for the club, the fans and everyone around the town and it was fantastic to be part of it.
"It shows just how far this club has come and I think we can take it forward now.
"We'll need to make some signings and that's what we'll be aiming to do. We have a big squad but we definitely need to make some signings."