READING FC’s financial difficulties have saddened Wokingham’s MP.
Sir John Redwood posted a blog on Monday, March 18, where he set out his views on the issues facing the team.
He said he had not made any public statements because the government had no powers to intervene in the situation, as the club was governed by the Football Association.
“It would be wrong to suggest government can find a solution to the difficulties of paying the wages and tax bills and creating more harmony between owner and fans,” he wrote.
On the breakdown in relations between Dai Yongge, who owns the club, and the fans, Sir John felt that goodwill and support was crucial.
“The Club owner needs to understand that the financial value of the club depends on a strong and loyal fan base willing to buy plenty of tickets for matches and club merchandise,” he wrote.
“A team is more likely to play well and boost fan numbers if there is no financial problem hanging over them.
“If an owner cannot get the fans on board and motivate players it is usually best for a new owner to take over.”
But Sir John was not optimistic about the club’s fortunes, saying any action the government takes to create a new independent regulator would come too late.
“The legislation is not imminent and is unlikely to be retrospective, so it cannot deal with the urgent issues currently facing Reading FC,” he wrote.
The comments were made before it was revealed that Wycombe Wanderers had pulled out of the deal to buy the Bearwood training facility in Sindlesham.
However, Clive Jones, the Liberal Democrat parliamentary candidate for Wokingham took to social media to make a statement.
Posting on Twitter (the social media platform now called X), he wrote: “After following this issue up with Wokingham Borough Council last Friday, I am very pleased to hear that Wycombe Wonderers have paused their pursuit of buying Bearwood Park.
“Bearwood Park is Reading’s training ground, and should stay as their training ground.
“I sincerely hope that Reading FC can push ahead with negotiations to secure the sale of the club. This is a football club that is lo ved by many our community, and we must help to secure its future.”
