Reading owner given deadline to sell club - EFL
Source: news.source.channelnewsasia
Reading's owner, Dai Yongge, has been ordered by the English Football League (EFL) to sell the club by April 4, 2025, after being disqualified under the EFL's owners' and directors' test. The club has faced financial issues and relegation, prompting the EFL to mandate the sale to secure its future.
Key Points
Dai Yongge, Reading's Chinese owner, has been disqualified under the EFL's owners' and directors' test.
He has been given until April 4, 2025, to sell the club.
The EFL is working with Reading FC to facilitate a sale to end uncertainty surrounding the club's future.
Reading has faced financial difficulties, including a six-point deduction last season and withdrawal from the Women's Championship.
The club was in talks with a potential buyer last month.
