It’s Happy Transfer Window opening day for 91 out of 92 clubs today. Reading owner Dai Yongge continues to hold Company Law, the EFL and Reading fans in contempt by refusing to publish the 2022/23 accounts so the club is unable to buy anyone as a result of his actions
This team of free signings and academy graduates now sits fifth in the league…
…imagine where we’d be with proper ownership?
One year is too long to be for sale, it’s time we were sold and the message to new owners couldn’t be clearer today:
Seize our potential. #readingfc
"Just had a text message from my big Reading supporter friend."
"...WORLDIE."
Watch Lewis Wing's superb strike against Crawley and Soccer Saturday's reaction to the goal 👀🔥
Dai Yongge’s failure to repay previously undisclosed £55m+ debts to a state-backed Chinese bank are preventing the sale of Reading FC as the loan is secured against the Select Car Leasing Stadium.
Haitong blocked the sale to Couhig by obtaining a stop notice in the British Virgin Islands, where the stadium is registered for tax reasons.
If the loan is not repaid when the club is sold, the stadium is handed to Haitong. The EFL was not aware of this.
[@guardian] #readingfc
The situation at Reading needs as big a spotlight as possible.
It’s great to see Ady Williams afforded the platform to make this statement about the club.
Just wondering how much that trip to Italy would have cost…
You know
The one where Johnson stayed & partied at the mansion belonging to the son of a KGB agent who he then put in the Lords
But no one bothered to find out
This is GB News style journalism and we deserve better.
Starmer has faced more intensive media scrutiny in two months than the entire Conservative government ever faced in their 14 years in power. It’s hatchet job after hatchet job.
Rob Couhig’s exclusivity period has ended and he will be paid back in full for the funds he lent. Other interested parties will now be invited back onto the scene.
The sell-on money for Michael Olise is funding the running the of the club for now.
[@TimDellor] #readingfc
Gutted.
We want to thank @RCouhig for his efforts to buy @ReadingFC. We believe he was acting in good faith. We now need to face the possibility that Dai Yongge and Dai Xiu Li are not.
Put bluntly, something stinks.
While we now wish he hadn’t got our hopes up like he did, Rob Couhig was clearly convinced the deal was done. The EFL had approved the deal and having consulted with an independent M&A expert, all the publicly available information showed the deal was structured in a way that was very favourable to Couhig taking over.
So what happened? This has to be more than “Dai being tricky”, there must be something more fundamentally wrong with the deal.
#ReadingFC #SellBeforeWeDai
What happened to YouTubers man..
I can't not say anything anymore. This is selling stuff for the sake of making money, simple. How does this benefit their fans?
This is selling crap to kids who don't know better than to trust the people who are selling it to them.
Do better.
Royals unlucky to not walk away with all three points today after facing a mediocre at best side in #BCFC who needed a ‘penalty’ and 15 million pounds to scrape a draw against a side that cannot sign players.
Depth the only thing lacking at #ReadingFC. We’ll take a point.