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Reading FC edging closer to takeover as talks reach advanced stage

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Reading FC are edging closer to a potential takeover that could see a Chinese brother and sister hold a majority share in the club.

According to GetReading, negotiations are underway and are at an advanced stage, which could see the club’s Thai owners sell a majority of their shares in the club.

The prospective new owners are amongst some of the wealthiest in China, Dai Yongge and his sister Dai Xiu Li.

There are thought to be more than one Chinese group interested in taking the reigns at the Madejski Stadium, whilst an American consortium remains interested in a potential deal too.

Yongge and Li attempted to buy Hull City this summer but the deal collapsed and they’re now thought to be dead-set on seeing out an offer to buy high-flying Reading.

The Royals have been going extremely well this season and currently sit third in the table having won ten of their opening 18 fixtures.

Jaap Stam’s side face a tricky match with Fulham at Craven Cottage on Saturday.

Reading fans, how do you feel about a potential deal to takeover the club? Is investment needed to take the club back to the Premier League? Leave your thoughts in the comments below!


ScoopDragon Football News Network

Article title: Reading FC edging closer to takeover as talks reach advanced stage

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