Wed Nov 01, 2023 5:48 pm
It just gets worse for Reading FC:
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Wed Nov 01, 2023 5:48 pm
“As a League, we are required to ensure all 72 members are treated fairly and consistently on all matters so that the integrity of the competition is maintained. These consistent failures of the Club’s ownership to meet its ongoing obligations have a knock-on effect on all Clubs and as such, the deterrents in place must be actioned when breached.
“We have today met with the Reading Supporters Trust to discuss the ongoing challenges and will continue to work with the Club in an attempt find a positive solution moving forward.”
Meanwhile, the proceedings against Mr Yongge Dai, the Club’s current owner, continue following the failure to deposit an amount equal to 125% of the Club’s forecast monthly wage bill in a designated account.
The hearing for Mr Yongge Dai is expected to take place by the end of November.