Reading agree sale terms as EFL extends takeover deadline

Soccer-Reading agree sale terms as EFL extends takeover deadline

(Reuters) - Reading have agreed terms over the sale of the club, the League One (third-tier) outfit said on Tuesday, as the English Football League extended the deadline for closing the deal to May 5. Read full story

Reading agree sale terms as EFL extends takeover deadline

Reading have agreed terms over the sale of the club, the League One (third-tier) outfit said on Tuesday, as the English Football League extended the deadline for closing the deal to May 5.It is the second time the EFL has pushed back the deadline to complete a takeover since the club's Chinese owner Dai

Reading given second EFL sale extension but confirm agreed terms in latest twist

Reading have been given until May 5, after the final match of the regular season, to find a new buyer after the English Football League extended their stay of execution for a second time. With two deadlines already pushed back in April, the latest falling today, Dai Yongge has until May 5, after the final match of the season against Barnsley on May 3, to divest his shares in the club or the club faces disqualification. However, in more positive …

Reading takeover inches closes after terms agreed over club’s sale - Inside World Football

April 24 – English League One side Reading have reached an agreement with a prospective buyer to complete a takeover of the financially-stricken club, with the English Football League (EFL) extending a deadline to finalise the deal to May 5. It’s the second time the EFL has granted the Royals additional time to complete the sale since owner Dai Yongge was disqualified from leading the club under the Owners’ and Directors’ Read more … The post Re…

Crisis club Reading release statement over sale after agreement reached with EFL

CRISIS club Reading have been granted a takeover extension by the EFL. Royals’ Chinese owner Dai Yongge had initially been given a deadline of April 22 to sell the Berkshire outfit. GettyReading have been given more time by the EFL to get their takeover completed[/caption] Reading FCRoyals fans have constantly protested against owner Dai Yongge[/caption] Dai was disqualified under the league’s owners’ and directors’ test in February owing to deb…

Reading’s nightmare nearly over as club issue much-needed takeover update

Reading’s nightmare is very nearly over as the club issue an update on the much-needed takeover to save them from the brink. The Royals appear to be nearing a resolution, confirming on Tuesday evening that terms have been agreed for a sale between current owner Dai Yongge and an undisclosed buyer. The deal, which includes the Select Car Leasing Stadium and Bearwood Park Training Facility, has been granted an extension by the EFL until May 5th 20…