EFL Unable to Force Sale of Reading FC Amid Fan Protests
Owner Dai Yongge Resists Selling Despite Fines and Accusations of Asset-Stripping
- Reading FC owner Dai Yongge has been described as a 'hooligan' by MPs, with the EFL admitting it is unable to force him to sell the club.
- Yongge has been fined by the EFL for failing to deposit money into a designated account, but these fines have been deemed ineffective as he refuses to pay.
- Reading FC has been docked 16 points in a turbulent two-year period, and the club's game against Port Vale was recently abandoned due to fan protests against Yongge.
- Despite receiving bids for the club, Yongge has refused to sell, leading to accusations of asset-stripping as top young players are sold off.
- Reading FC's CEO Dayong Pang has asked fans to be patient, claiming that the protests are hindering the sale process.