Reading face uncertain future in football as EFL confirm Dai Yongge decision

Soccer-Reading owner given deadline to sell club

(Reuters) - Reading's Chinese owner Dai Yongge has been ordered to sell the third-tier club after being disqualified under the English Football League's owners' and directors' test, the EFL said on Friday. Read full story

Dai Yongge disqualified by EFL to put Reading’s future in peril

Reading’s Dai Yongge has been disqualified as an owner by the English Football League (EFL), putting the League One side’s future in peril.Dai must sell the club by 5 April or risk the Royals being suspended from the EFL.It emerged in a court hearing on Friday that Dai was disqualified under the EFL’s owners’ and directors’ test, something which the EFL later confirmed in a statement.The disqualification is understood to be linked to Dai’s busin…

'Expulsion' - Birmingham City's League One rivals could be kicked out of EFL

Birmingham City’s League One rivals Reading FC could be thrown out of the English Football League.

Reading face uncertain future in football as EFL confirm Dai Yongge decision

The English Football Club have confirmed that Reading owner Dai Yongge has been disqualified as a director. The news originally broke during a court…

Judge delivers verdict at court case involving Reading FC, Dai Youngge and Rob Couhig

A verdict has been delivered today in a court case involving Reading Football Club, Dai Yongge and Rob Couhig. Mr Justice Jacobs oversaw a court battle between Redwood Holding Ltd, owned by Couhig, and Renhe Sports Management, the company which Dai Yongge owns Reading FC. The judge ruled that Dai’s attempts to get an injunction against Couhig were rejected and argued that the sale of the club can still continue. Meanwhile, the court heard that D…

Club at risk of expulsion from EFL if owner can't sell club within 28 days

Reading face the prospect of being thrown out of the Football League unless the club is sold within the next few weeks. The EFL submitted a letter to a London court stating they plan to disqualify current owner Dai Yongge from being a director on April 4 due to overseas debt. GettyReading are at serious risk of being booted out of the EFL as a result[/caption] Under EFL rules, the controversial Chinese businessman would have 28 days from disqual…