Reading FC owner Rob Couhig says he expects the club to make “several additions” this summer, while warning supporters that new EFL financial regulations place limits on how much owners can invest directly into playing budgets.
In an open letter to fans, Couhig outlined Reading’s plans for the transfer window and explained the financial restrictions League One clubs now face.
“We are working hard to strengthen the squad, improve every area that supports the first team and create the environment needed to compete at the top level of League One,” he wrote.
“I fully expect us to make several additions this summer that will make us stronger and more competitive.”
However, Couhig said supporters may not realise how significantly football finance rules have changed.
Under revised EFL regulations, League One clubs can spend only 50% of their football income on player-related costs, down from the previous 60%. Managerial salaries are also now included within those limits.
He added that there are restrictions on how much club owners can directly fund player spending.
“In effect, only around half of every pound we contribute can be used to increase football spending,” Couhig said.
“It is an unusual system, but it makes commercial growth and supporter revenue absolutely vital to building a stronger team.”
The owner said those restrictions had encouraged Reading to focus heavily on long-term investment projects around the club.
Among the improvements planned this summer are a major pitch renovation at the Select Car Leasing Stadium, upgraded floodlights, a new public address system, a solar energy scheme, refurbished toilets and the installation of a safe-standing area in the 1871 Stand.
Couhig also highlighted Reading’s Category One academy, describing it as central to the club’s future despite the significant costs involved in maintaining it.
The American businessman said the ultimate goal remained returning Reading to the Championship and eventually competing for promotion to the Premier League.
“We are making these investments because we believe Reading Football Club deserves the very best environment in which to succeed,” he said.
