Derby had 27,000 home fans for their Friday night game. Just a side note. That was one of the worst performances I can remember for a long long time. It was dire and shockingly poor. Blackpool were better than I expected tbf. 0-3 loss is kind for Reading, on another day it could have been double th...

I’m surprised everyone is so calm today

It’s a statement confirming cash flow issues the day before pay day during the month we’ve been told money will run out

Hopefully we get confirmation wages have been paid ASAP today

The club don't give updates for the fun of it. They've got previous for putting statements out before bad news lands to get out ahead of it, so tomorrow could be interesting.

It was previously reported the stadium has been used as collateral for a loan in BVI which was not disclosed in due diligence. Which Dai has defaulted on Now Mike Gow also thinks he's done this in HK too? https://x.com/mikeygow/status/1850629952888017276 How many more of these secured loans exist? W...

So Dai’s own lawyer is suing him??

The bed wetters at SBWD are effectively saying to sit and wait patiently for the takeover

They should just admit they're out of their depth now they've exhausted all their publicity stunt ideas, all style no substance, probably run by meek marketing/PR types

I for one welcome our new owner, Yai Dongge

Ironically all the efforts of the fans and team have only worked to keep the status quo in place for an even longer period of suffering If fans and sponsors had let the club fall into administration earlier this year he'd be gone If Ruben and the players hadn't kept us up he'd be under more financia...

Daniel Loitz take on it all https://footballleagueworld.co.uk/daniel-loitz-issues-dai-yongge-warning-amid-reading-fc-turmoil/ He said on twitter he spoke privately with representatives from SBWD earlier this week to share "insights and evidence" regarding the takeover saga. No doubt the s...

Felt91 Howe mentions that all the information needed for a new buyer is in a “package” with the lawyers so if a new buyer is found the process can be sped up.

He said the same thing back in May following the Storey saga

The other question that needs asking is who will be in the driving seat when Howe goes on his forced sabbatical in a few weeks?

For me, the primary objective (as a fan) has to be clarity on the situation. I want to know: ⋅  Why did this deal fall through when it looked so close? ⋅  What other options are there now? ⋅  What is Dai's objective - not just "intent to sell the club" - actu...

Doesn't this mean the club now needs to publish the overdue accounts ASAP to avoid sanction from the EFL? IIRC they were using the pending takeover as an excuse

Also the £4m to pay back Couhig clearly hasn't come from Dai or the club's pocket, it's likely come from whichever investor has turned his head at the 11th hour

i think it is now time for violence they wouldnt stand for this shit in france or turkey we NEED to start ripping the seats up, destroy the stadium, throw fireworks at the directors box etc Because that would obviously improve the situation no end :roll: okay lets bend over as per usual and just be...

I have had this bad feeling for some time that we made Dai lose face with the Port Vale protest etc and that at the last minute he might pull the plug and just let the club Dai rather than sell. No normal human being would put £20 plus million down the drain but over the last 7 years or so we have ...

Bowen is Kia's man, 'nuff said

Also, if it all rests on EFL approval next week, then today's appearance was absolute political masterstroke, because can you imagine the reaction from Reading fans if they don't green light it? They're now under humungous pressure to wave it through

A few notable changes submitted to companies house by Redwood Capital today. Leo Rifkind has resigned as director. There were rumours previously that a leading Chrion investor had pulled out causing the deal to nearly collapse, perhaps it was him? Or, speculating, perhaps the EFL raised some concern...

Section 75 is one of the nice consumer friendly protections which, if loans were invented today, would never in a million years be passed into law

It would be a rather odd negotiating position from Chiron to intentionally drag their feet over some minor details during this crucial off-season period just to save a few £m on the purchase price. Given the current state we are in if they don't get the next 8 weeks right then next season will be a ...