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Reading given additional time to complete sale following EFL board meeting

Summary by readingchronicle.co.uk

The English Football League have given Reading a stay of execution at their latest meeting, giving Dai Yongge a further 19 days to sell his shares.…

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Reading given additional time to complete sale following EFL board meeting

The English Football League have given Reading a stay of execution at their latest meeting, giving Dai Yongge a further 19 days to sell his shares.…

1 day ago

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The Global Herald

Reading FC Owner Granted Deadline Extension for Club Sale - The Global Herald

Dai Yongge, the current owner of Reading FC, has been provided additional time by the English Football League (EFL) to sell his stake in the club.

1 day ago

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Sky Sports

Why could Reading be kicked out of the EFL? Dai Yongge's ownership nightmare and takeover latest explained ahead of EFL deadline

Formed in 1871, Reading are facing an existential crisis; Dai Yongge must sell the club by April 5 to stop Reading from being suspended by the EFL; Protest group Sell Before We Dai have campaigned relentlessly to urge Yongge to sell; Reading are sixth in League One against all odds

2 days ago·United Kingdom

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EFL Analysis

Steve Sidwell slams 'disgraceful' Dai Yongge as Reading face extinction, but there is one 'remarkable' silver lining

Reading are the talk of the Football League right now, for all the wrong reasons, and former player Steve Sidwell is gutted to see how things are going down at his old club. The club are currently sitting in seventh place in the League One table and have a fantastic shot at making it into the play-offs come the end of the season. However, Reading are facing financial ruin as things stand, with the club’s owner, Dai Yongge thought to owe £850m in…

2 days ago

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The Wokingham Paper

Reading FC takeover: Crucial week for sale as EFL set to discuss club’s future

Reading Football Club are set for what will be a crucial couple of weeks in the club’s future with the takeover situation coming to a head. On the field, the Royals are enjoying a remarkable season despite the challenges and limitations they are working under as Noel Hunt’s side currently sit in the League One play-off places with just eight games to go. However, the off field debacle has continued to plague the club for several years under trou…

3 days ago

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