Reading FC faces potential expulsion from EFL

thesun.co.uk

Reading FC is facing a serious crisis under the ownership of Chinese businessman Dai Yongge. Fans are worried that the club could face expulsion from the English Football League (EFL) unless Yongge sells his shares by April 4. If he does not comply, the EFL may suspend the team or expel it entirely. Yongge has been disqualified from owning a Football League club and has not sold the team for over 500 days. Supporters feel the pressure as they draw parallels with Bury FC, which was expelled after years of mismanagement. Reading is one of the oldest clubs in England, and the thought of losing its EFL membership is frightening for its fans. The EFL is pushing Yongge to sell the club, which is estimated to be worth around £25 million. If Yongge refuses to sell now, he risks losing much of this value if the club is expelled. His history with other teams raises concerns; he allowed one of his clubs to go bankrupt and has made poor decisions regarding player contracts. Currently, a major issue is the gap in laws regarding club ownership and financial responsibility. The EFL can disqualify owners but cannot forcibly take their shares. This leaves clubs vulnerable to owners who may act recklessly. Yongge is under pressure, with a court ruling rejecting his claim that legal disputes were preventing the sale of Reading FC. Fans are calling for new laws to protect clubs like Reading from irresponsible owners. They hope that Yongge will consider selling the club soon and that football authorities will work to strengthen regulations. The situation remains tense as Reading FC's future hangs in the balance.


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