According to The Athletic, Reading owner Dai Yongge has reportedly set a asking price of £30 million to sell the club.Since Dai Yongge took over in 2017, the Royals have experienced financial mismanagement, which is why they are currently for sale.
As per a report from football outlet The Athletic, Dai Yongge is requesting £30million as well as rewards on the off chance that the club are advanced in later seasons.
In addition, their report asserts that the owner is “surprised” that prospective buyers have a lower value for the club following the sale of players during the January transfer window.
Under his rule, the club has been deducted a sum of 16 places, while he has neglected to finance the club sufficiently which has brought about staff compensation being paid late on various events.
With previous Perusing President Nigel Howe being entrusted to supervise the offer of the club by Yongge, he has been meeting with the Allies Trust at Perusing (STAR) consistently.
The most recent update given by STAR guarantees that the takeover is ‘moving in the correct heading’, while selectiveness with any closely involved individuals is yet to be agreed upon.
In addition, the update from STAR states that Dai Yongge has been presented with all club offers and “feels positive” about at least one of them.
They additionally emphasized that Howe is ‘endeavoring’ to guarantee that any expected purchaser for the club will actually want to support it appropriately going ahead.
Ruben Selles’ side right now sit in eighteenth position having gone on a superb run of structure which has seen them climb right out of the Association One transfer zone with consecutive wins.
Next okay with Perusing is an away outing to assignment rivals Fleetwood Town on Tuesday night.