They are miles away from wrongful trading. In the summer the club could sell all its players, hire cheaper ones, and use the windfall of new season tickets and TV money to carry on trading, albeit as a much less competitive club. The only way they could be wrongful trading is if the clubs fixed cos...

It wouldn't, from what I heard this morning it's much worse than that. And the issue is the lack of trust in Dai, you're asking average fans to raid their savings and give money to a Chinese Billionaire who doesn't want to spend his own. I'm expecting that the club will announce something by the en...

Pompey fans raised £2.5m for their club. Why can't Reading do similar? Even £500k would probably get us over March's key obligations and buy more time for a deal until late April. It wouldn't, from what I heard this morning it's much worse than that. And the issue is the lack of trust in Dai, you'r...

In terms of points deduction, it won't make any difference to whether the players agree to a wage deferral or not. It's going to be hard to get anyone to invest in the club whilst Dai appears to be acting in bad faith. Any idea how much Howe has involved Dai? Any risk we get a repeat of Genevra whe...

In terms of points deduction, it won't make any difference to whether the players agree to a wage deferral or not.

It's going to be hard to get anyone to invest in the club whilst Dai appears to be acting in bad faith.

It doesn't change much really, we are reliant on Dai deciding it is in his best interest to fund the club for the last 2 months of the season. If he doesn't do so, then we will get a bare minimum 2pt deduction, if not more. The Commission knew this when they handed down the verdict, hence no point ...

I just got some troubling information concerning our finances. Basically, if Dai doesn't agree to the sale very soon then we'll be getting the 2-point suspended deduction in April. Even if he does it depends on whether the new owner is willing to give us money before the sale is finalised.

SBWD have issued new statement. I sometimes think SBWD need to consider the bigger picture and why these punishments are levied. Yep. I could do an annotation of what is wrong with that SBWD statement. Most paragraphs to be honest. Para 1 - You need sporting sanctions to stop clubs from breaching f...

My understanding is that they're just not at that point yet. Hopefully soon.

https://twitter.com/james_e1871/status/1762425118968430884 Reading set to be hit with fresh two-point deduction for HMRC-related issue. Staff and players now aware. Plenty believe it could have been worse. 11 games to go with nothing else hanging overhead. https://readingchronicle.co.uk/sport/241465...

It’s not a song So not a question about the Jay Z Takeover song? No, just wondering if there was any news on the takeover of Reading FC My source told me today that things are positive. There are multiple offers that meet Dai's valuation and are (on the face of it) viable. They're still going throu...

Finally found a decent striker in that Owen Goal kid. . . .

Sorry.

Looking like 700 odd sold today. About 50-60 seats left of our original allocation.

Courtney Friday reporting that Plymouth have enquired over Azeez, and decision is with Dai Yongge. Big moment. If he's serious about selling the club, selling a player who would seriously harm our chances of staying in L1 is a grave error. My understanding is that Azeez would rather stay until the ...

I'm hearing that the deal has been done. Off to Pompy.

This won't be a surprise to anyone, but I was chatting to my (very reliable) source yesterday and he confirmed that everyone at the club, from Bowen down, is fully #sellbeforewedai. As in they are actively working against the owner and Pang. He was saying that, actually, Pang is considered to be the...

If he kept the stadium, the rent would surely be negotiated alongside the sale. Any sensible buyer would want to lock in a fair rent for 5-10 years. So whilst it's not the best outcome, it would not be the disaster some fear. This. If it gets a deal done, then continuing to pay rent (remember the c...

Another defender outgoing likely to be confrim today or tomorrow.

Edit - ok, confrimed quicker than I was expecting

https://www.readingfc.co.uk/news/2024/j ... nage-loan/

I was very negative about Selles' appointment - but with Dai's behaviour this season I doubt that any manager would have done much better. I do get the sense that he's developing a bond with the Reading fans. That we might actually have someone that people are willing to give a chance and not call f...