British businessman William Storey poised to complete £50m takeover of Reading FC

Storey has reached an agreement to purchase Reading FC from Chinese owner Dai Yongge for £50m.
The sale includes the stadium, training ground and clears the club's debts.
Storey plans to invest in players once the transfer embargo is lifted.
The deal still needs approval from the EFL's owners and directors test over the next six weeks.
Fans hope the takeover can help restore the club's fortunes after relegation last season.