Takeover Complete!

[Pepe the Horseman]

We can probably just delete the other one now, can't we?

[bakerlou]

hopefully, yes

[morganb]

"Reading is pleased to announce the sale in principle of the club to Redwood Holdings. The takeover includes the SCL Stadium and Bearwood. The formal completion of the transaction is subject to final legal technicalities but is fully expected to be completed shortly" #readingfc

https://x.com/james_e1871/status/191859 ... 7j6Dg&s=19

[morganb]

The EFL has received confirmation from all parties that a sale has been agreed in principle with Redwood Holdings Limited, with the transaction expected to be completed shortly, once final legal technicalities have been completed.

As such, the EFL Board has agreed to extend the time allowed for Mr Dai Yongge to divest his interests until Thursday 8 May, subject to compliance with all other EFL regulations.

https://www.efl.com/news/2025/may/03/ef ... eading-fc/

[Sutekh]

Can we remove PLACEHOLDER from the title of this thread now or do we wait for the inevitable depressing news to follow on Tuesday?

[Sutekh]

[Snowflake Royal]

Can we remove PLACEHOLDER from the title of this thread now or do we wait for the inevitable depressing news to follow on Tuesday?

Apparently, I can.

[Sutekh]

Looks like parliament may start enquiring into how a certain gentleman managed to buy Reading

[rabidbee]

You could have warned us it was a link to the Express.