Reading Royals To Be Sold To Berks Businessman

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

The Reading Royals will be sold to Berks County businessman Jack D. Gulati, officials involved in the deal announced today.

Gulati said he plans to keep the Kelly Cup winners in Reading and based out of the Santander Arena.

He has agreed to buy 100 percent of the team shares. Ownership had been split between the Berks County Convention Center Authority and SMG, the company that operates the arena.

The sale is contingent on EHCL, formerly East Coast Hockey League, approval.

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Reading Royals Crush Stockton, Win First Kelly Cup

Stockton, CA – Yannick Tifu lifted the Kelly Cup high above his head, looked toward a contingent of Reading Royals fans who were gathered behind their team’s bench and let out a loud, proud scream.

The work was done, the title was secured and it was time to party.

The Royals claimed their first ECHL Kelly Cup championship on Saturday with a dominating 6-0 win against the Thunder in front of a crowd of 4,662 at Stockton Arena.

The Royals took control of the game with a four-goal second period and another sterling performance by goaltender Riley Gill, who earned the finals most valuable player award.

Read more:  http://readingeagle.com/article.aspx?id=481015