Reading FC will have new investors in the club just weeks after Rob Couhig completed his purchase of the club from Dai Yongge.
New chairman Couhig, and his business partner Todd Trosclair, have already set about their work in Berkshire and have outlined their plans for the future which includes improvements to the Select Car Leasing Stadium.
It has now been confirmed that Miami based investment firm Aliya Capital Partners that they will also be investing in the club, as first reported by Bloomberg.
The investment group has been involved in Elon Musks’s takeover of Twitter, now known as X as well as investing in businesses such as Uber, OpenAI and AirBnb.
Speaking to Bloomberg, Aliya Capital Partners CEO Ross Kestin said: “With its 150-year legacy and fiercely loyal fans, Reading is a sleeping giant.
“We want to do what it takes to fuel its untapped potential to rise through the EFL and, one day, rise to Premier League glory.”
Aliya Partners were also reportedly involved in John Textor’s proposed takeover of Everton FC, which was eventually unsuccessful.