Reading Football Club owner, Dai Yongge, has been under scrutiny and pressure from the English Football League (EFL) due to financial issues. The EFL has demanded that Yongge either adequately fund the club or make immediate arrangements to sell his majority share. Additionally, Yongge has been fined Ā£50,000 for failing to meet agreed arrangements around the wages bill. The EFL's statement follows a pitch invasion by Reading fans protesting against Yongge's ownership. There are calls from fans and politicians for Yongge to sell the club, with some expressing concerns about the club's future under his ownership.
š¬ "Because of the first situation, I think we're all wondering. I don't know what the outcome is going to be. Our focus remains on the appeal and see where that takes us." š£ļø Sean Dyche, after #EFC's charge with breaching the Premier League's financial rules #ā£ #PL #TotalSport
Dai Yongge: Reading owner remains '100% willing' to sell, says CEO Dayong Pang https://t.co/eDcplTM7Pc #bbcsouthnews
I'm pleased the EFL are meeting Reading supporters on Tuesday. I am calling on the EFL to listen to fans and to press Dai Yongge to sell the club as soon as possible.
Reading owner Dai Yongge told to either fund or sell club by EFL https://t.co/j6NCyoeGCt
Reading owner Dai Yongge told to either fund or sell club by EFL https://t.co/fFqHSJQzK0 #bbcsouthnews
Reading owner Dai Yongge told by Football League: pay up or sell up https://t.co/mD4kAt8ZaD
This stronger position from the @EFL on @ReadingFC is timely and welcome. But there is still more to do to wrestle control of our club from Dai Yongge and ensure that he never runs another. Fans deserve better! @DCMS @EFL_Comms @premierleague @10DowningStreet #SellBeforeWeDai https://t.co/y5fhVGjCNY
The EFL calling on Dai Yongge to sell up as Reading owner, or take his funding requirements seriously. He's been fined another Ā£50k. Unclear yet if Reading will be punished for Saturday's pitch invasion #readingfc https://t.co/UlN5BGUMnO
Reading owner Dai Yongge must either "fund the club adequately" or "make immediate arrangements to sell", the English Football League has said. #BBCFootball
BREAKING: EFL have released a statement in regards to Reading Football Club owner, Mr Dai Yongge š https://t.co/mvaJUZYHym
BREAKING: @readingfc owner Dai Yongge told by the EFL to fund the club properly or sell his majority share. He's also been fined a further Ā£50,000 for failing to meet agreed arrangements around the wages bill. š Listen live for the latest š https://t.co/fB4nrN62Ax https://t.co/UPSPVeC8PJ
Analysis: Reading owner Dai Yongge needs scrutiny, not protesting supporters https://t.co/RYhZpjNuoE #bbcsouthnews
Caroline Parker from the 'Sell Before We Dai Campaign', on why 1,000 Reading fans invaded the pitch to protest against Dai Yongge's ownership. "He would happily see the club ground into the dirt... we're not going anywhere without a fight." @marksaggers | @CazParker1871 https://t.co/nXrF9WaiBI