Reading FC is exploring new ownership options after exclusivity talks with a potential buyer expired. Owner Dai Yongge is under a deadline imposed by the EFL, having been disqualified under their Owners' and Directors' Test. The club's statement indicates that negotiations with an alternative buyer are ongoing and positive, with a focus on concluding the sale for the benefit of all stakeholders. The deadline for a potential sale was extended to April 22, and robust efforts are being made to ensure wages are paid during this transition.
Negotiations between the parties are proceeding in a professional and positive manner, with full recognition from all concerned of the need to bring a sale of the club to a conclusion for all stakeholders, including players, staff and supporters.
American businessman and lawyer Rob Couhig has previously tried to buy the club and said that he would still like to do so.
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