Reading FC sale completed
The club confirms US businessman Rob Couhig has taken control of the club
Last updated 14th May 2025
The news all Reading fans have wished for has been confirmed.
US businessman Rob Couhig has finally completed the deal to buy the club, ending a sales process that has dragged on for nearly two years.
Club statement
"The Club are pleased to announce that Redwood Holdings Limited – a subsidiary company of Dogwood LLC, owned by Rob Couhig and Todd Trosclair of New Orleans, Louisiana – has completed the acquisition of 100% of the shareholding in Reading Football Club.
"The takeover, which has received EFL clearance, completed very early on Wednesday morning and includes the Select Car Leasing Stadium and Bearwood Park Training Ground.
"Both Couhig and Trosclair will join the club’s board with immediate effect, with Rob Couhig being named as Chairman.
"Rob is an investor, lawyer and entrepreneur who is the former owner of Wycombe Wanderers Football Club and the New Orleans Zephyrs – his hometown baseball team. Todd is the owner of All Star Electric, one of the largest and most respected electrical contractors on the USA’s Gulf Coast, and a successful investor within the real estate and hospitality sector. He is also the founder of the All Star Foundation which contributes to various charitable initiatives.
"Redwood is ambitious and dedicated towards the club returning to its rightful place within the English football pyramid, while adhering to clear principles of honesty , transparency, and financial sustainability. Further communication from Redwood will follow in due course. "
Difficult period
The EFL issued a statement to confirm the sale:
"The EFL can today confirm that it has provided the final clearance required in accordance with its Regulations that places Reading Football Club under the new ownership of Rob Couhig and Todd Trosclair (Redwood Holdings Limited).
"Over recent weeks the League has worked closely with all parties to facilitate a timely transfer of ownership in order to end the uncertainty surrounding the Club's future for its staff, supporters and wider community.
"The sale of the Club follows the disqualification of the Clubs previous owner under the EFL’s Owners’ and Directors’ Test in February of this year.
"We look forward to working closely with the new ownership group and wish the Club and its supporters a successful future following a difficult period for all associated with the Club."
End
It brings to a close the darkest period in the club's history - a time in which 18 points were deducted, the club faced transfer embargoes, redundancies and relegation.
Fans can now look forward to the future without fear that they might permanently lose the club they support and love.