Reading could be expelled from the Football League if club ownership doesn't change within a month
Lars Foster
Dailysports's expert
Translated by the editors
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.