Reading FC: Royals agree terms with buyer over takeover

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Reading agreed terms with a buyer over the sale of the club and the English Football League extends the deadline to complete a deal to 5 May.
Reading have agreed terms with a buyer over the sale of the club and the English Football League has extended the deadline to complete a deal to 5 May.

This is the second time the EFL has given the Royals more time to complete a sale since owner Dai Yongge was disqualified under its Owners' and Directors' Test.

The first extension ran until 22 April, and the club have now been given another 13 days to complete a deal.

Reading re-entered talks with a buyer in early April, who they said they were in "advanced dialogue" with.

The club have now confirmed "further progress" has been made towards the sale, including the Select…
Dan George
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