Reading FC Gives Update Regarding Finances

Reading FC have released a club statement after owner Dai Yongge had been given until April 4, 2024, to sell the club after being disqualified under the EFL's Owners' and Directors' Test.

The English Football League (EFL) imposed the deadline following a hearing at the Commercial Court in London on Friday. The hearing addressed Yongge's attempt to secure an injunction against former Wycombe Wanderers owner Rob Couhig, whom he claimed was obstructing his efforts to sell Reading FC.

However, it looks like the tide has turned.

Read the full statement.

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