by Sutekh »
16 May 2024 08:51
In summary then.
A deal has been agreed in principle (
https://www.footballinsider247.com/read ... h-sources/), it's just the owner's tests to be passed and then we can hopefully all get back to some sense of being a normal league club again.
IF it does all go through (and there's still space for it to collapse) then the suggestion is that the new owners will be the Swiss based Chiron Sports Group who are mainly backed by Christian Angermayer and Robin Lauber. Other names involved are Leo Rifkind (formerly a director at Charlton Athletic) who manages the group while another investor, Sam Helmey, also has investments in Vitesse Arnhem and Leyton Orient so there'll need to be clarification on whether or not he has any involvement at Reading.
Chiron are essentially Venture capitalists who look to take sport related organisations on board with a view to adding as much value as possible and then selling them on again, so their ownership might be short term (hopefully, as that would mean quick success on the pitch) though one would hope any future sale would be without the distress associated with this sale.
So seems it's now all with the FL and presumably, as suggested earlier in this thread, they'll be as anxious to see the back of Dai as the rest of us.
So watch this space.