Reading could be expelled from the Football League if club ownership doesn't change within a month

Football news
Lars Foster Dailysports's expert Translated by the editors
Reading could be expelled from the Football League if club ownership doesn't change within a month Eddie Keogh/Getty Images

Just 15 years ago, Reading was a regular participant in the Premier League. But soon the club began experiencing significant problems, which initially led to relegation to League 1, and then to the risk of losing professional status altogether.

Details: According to talkSPORT, the English Football League has sent a letter to the London court stating that they plan to strip the current club owner, Dai Yongge, of his director rights on April 4 due to overseas debts.

Under English Football League rules, the controversial Chinese businessman has 28 days from disqualification to sell his shares. If this does not happen, Reading may be suspended from the league.

Recall: In December 2024, fans of the "Biscuitmen" demanded that the EFL and the British Parliament impose external administration on the club to mitigate the damage caused by Yongge's ownership since May 2017.

Follow us on Google News
Add Daily Sports as a preferred source on Google to see more stories like this.
Add as a preferred source on Google
Related teams and leagues
Comments
Only registered users can post and reply to comments
Daily Sports News, Predictions and Live Scores