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Reading fans throw fake money, tennis balls and flares onto the pitch in protest of owner Dai Yongge during the Emirates FA Cup second round match at the Silverlake Stadium, Eastleigh, December 3, 2023
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READING are officially under new ownership and controversial former owner Dai Yongge has now divested from the club, the English Football League has announced.
The league said that it had provided final clearance under its regulations which places Reading under the ownership of Rob Couhig and Todd Trosclair and their company Redwood Holdings.
The news marks the end of Dai’s ownership of the club. During his tenure, the Royals have been placed under a number of transfer embargoes and been handed points deductions totalling 18 points.
