News and Views
EFL Lift Embargo Again
03 August 2023
By Hob Nob Anyone?
Reading FC have had their transfer embargo lifted once again after settling payments relating to debts owed to HMRC. The club had been removed from the ELF embargo list last month after being listed under three charges. Those charges were reduced one by one giving the Royals a clean slate, until last week when we were placed back on the embargo list once again. Fast forward a week and the EFL are now reporting "There are currently no Clubs under embargo.".
The question is, how long until we are back on the list? Reading will feel they will have to move fast as they still urgently need more players ahead of the new League One season starting this weekend. The Royals have brought in just four players this summer and will need to add more to the first team squad to compete this season. With the club now finally owning up that new investment is needed, we can't expect any players to arrive for a transfer fee or high wages, so options will remain limited.
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