Reading FC Owner Dai Yongge Fails Owners’ and Directors’ Test Amid Financial Woes
Reading Football Club's owner, Dai Yongge, has failed the English Football League's (EFL) Owners' and Directors' Test due to unresolved financial issues, according to recent court hearings. This development comes amidst Dai's ongoing efforts to sell the League One club, which has been grappling with financial difficulties and a battle against relegation.
Court documents reveal that Dai Yongge's financial troubles stem from significant debts in China, which have now impacted his standing with the EFL. The EFL has issued a statement expressing concerns over the governance and financial stability of Reading FC, emphasizing the need for a swift resolution to safeguard the club's future.
Amid these challenges, Reading FC has also been embroiled in a legal dispute with Rob Couhig, a potential buyer who has accused Dai Yongge of stalling the sale process. The case details have been confirmed, adding another layer of complexity to the club's situation as they fight to maintain their standing in League One.
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