Reading owner Dai Yongge sanctions training ground sale to rivals Wycombe

14 March 2024 11:20
Cut-price deal agreed to help Reading with cashflowWycombe do not have their own training facilityThe beleaguered Reading owner, Dai Yongge, has sanctioned the cut-price sale of their state-of-the-art training ground to local rivals Wycombe to aid cashflow in his club’s financial crisis.In the absence of a takeover, there are serious concerns within the League One club about covering March’s wages and required HMRC payments, with a £1m shortfall to overcome this month. Failure to pay wages or HMRC would almost certainly result in a further points deduction from the English Football League. Reading have been docked six points this season because of financial difficulties. Continue full article

Source: TheGuardian