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Home Sport Football Reading FC

‘Talks are ongoing’: STAR communicate with Reading FC fans over takeover

Andy Preston by Andy Preston
Thursday, May 30, 2024 8:30 am
in Reading FC, Sport
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The Reading FC Supporters Trust have issued an update regarding the sale of the club having spoken with Nigel Howe.

Howe has been tasked by current owner Dai Yongge to oversee the sale of the club, which has been ongoing for several months.

The club signed exclusivity with an unnamed party on March 26, but there has been no further official update since.

With rumours circulating on social media, STAR took to X, formerly known as Twitter, to update fans: “As Reading fans we are all desperate to see a sale completed.

“We are in a tough position. Discretion is essential at this stage of negotiations, but we also know Reading fans are anxious for updates.

“This is being made worse by false reporting and inaccurate rumour-mongering.

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“We have spoken to Nigel and he has assured us that he is still working on a deal and as soon as there is something to share it will be shared.

“Put bluntly, there is not yet good news, but – contrary to online speculation – no bad news either. Talks are ongoing.

“We know how desperate we all are for this situation to be over and for everyone to have some clarity going forward.”

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