Overview

• Reading FC has announced the sale in principle to Redwood Holdings Limited, owned by Rob Couhig and Todd Trosclair, pending final legal formalities.
• The takeover includes the Select Car Leasing Stadium and Bearwood Park Training Facility, key assets in the club's future stability.
• The EFL has extended the deadline for Dai Yongge to divest his shares to May 8, following his disqualification under the owners’ and directors’ test in March.
• Fan group 'Sell Before We Dai' has expressed relief and gratitude, celebrating the end of an era marked by financial turmoil and governance issues.
• Rob Couhig attended Reading's final match of the season, signaling confidence in the deal’s imminent completion and a new chapter for the 154-year-old club.