Reading FC issues new statement over sale of the club
They confirm former CEO Nigel Howe involved in arrangements
Last updated 17th Jan 2024
Reading football club has issued a new statement regarding the sale of the club.
It comes after days of national and international coverage following the pitch invasion which led to the game against Port vale being abandoned last Saturday.
Even the EFL has suggested they understood the frustration of fans who took part.
The statement confirms what many already knew which is former CEO Nigel Howe is involved in helping with the sale.
Much of the rumoured frustration amongst potential buyers has allegedly been constant moving of 'goals posts' and/or silence from the current owner Dai Yongge.
Statement in full
"The owners of Reading FC appreciate and understand the concerns of its loyal fans and partners in the community.
"They know how much the Club means to all concerned and share their desire for the Club to have a sustainable and successful future on the field.
"They however regret the actions taken at the Port Vale match and would implore fans to engage in no further disruptions to either home or away fixtures.
"Mr Dai has agreed that he will look to sell the Club at the earliest opportunity, and he has engaged lawyers to assist in the disposal.
"Nigel Howe will assist the lawyers in leading the process and coordinating the potential buyers and to provide access to information that is available.
"The EFL are fully engaged in the process, and they are being kept informed on a regular basis and are committed to supporting the Club in finding the appropriate solutions as quickly as possible.
"We ask, in conclusion, for our fans to keep faith in the Club and to know that the owners are making every effort to finalise its sale at the earliest opportunity."
Does this statement make any difference? Not on its own. Fans will say quite rightly actions speak louder than words. But maybe, just maybe it's a sign that the owner is now finally feeling pressure to sell up. Time will tell but asking fans to keep the faith is difficult as they watch the life slowly squeezed out of the club.