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Home Featured

Reading FC: ‘For a fanbase who are losing faith in the takeover process, these details are essential’

Andy Preston by Andy Preston
Saturday, February 1, 2025 7:45 am
in Featured, Reading FC, Sport
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Reading FC

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The Supporters Trust at Reading FC (STAR) have said that they have spoken with the club ahead of a monthly update on the takeover process.

The Royals fans have had to endure a torturous takeover saga which has dragged on for well over a year since Dai Yongge officially announced that he was looking to sell the club.

However, at this current stage it appears that no takeover deal is close to being completed and with the club struggling to provide finances in the short term.

A statement released by STAR on X reads: “On behalf of all Reading fans, we have spoken to the club regarding their commitment to provide monthly updates on the takeover process.

“The latest update is due this week. The club has acknowledged this and outlined their intention to release a detailed update next week. We put forward our belief that any later would be viewed as unacceptable by the fans and this was acknowledged too.

“As usual, we expect NDAs to limit precise details, but we would urge the club to remember why the last update was – largely – met with fan appreciation.

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“As well as sounding more human, the previous update provided tangible indicators of progress.

“For a fanbase who are losing (or have already lost) faith in the takeover process, these details are absolutely essential to rebuilding trust between club and fans and if progress has stalled, or is in a particularly delicate phase, plain talking will always be preferred to platitudes.”

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