Reading the most recent FC takeover: Possible purchasers disclosed, owner slammed by Ruben Selles
Here is all the most recent information about the potential acquisition of Reading FC.
Reading is now expecting that the ownership difficulties will soon be resolved.
Chinese businessman Dai Yongge currently owns the bulk of the team and has done so since May 2017.
Narin Niruttinanon, who still owns a small share in the club, Sumrith Thanakarnjanasuth, Lady Sasima Srivikorn, and other Thais were replaced by him.
However, the team’s performance has declined since Yongge moved to Berkshire, as seen by the several point deductions that led to their relegation to League One the previous season.
However, Yongge committed to a letter of intent with the football club’s buyer last month, and the transaction is anticipated to close the following month.
Despite the takeover not being finalized, we examine the most recent information about the club’s selling.
Potential purchasers disclosed
Since both parties are working on the deal, they are legally unable to disclose the identities of the buyers until the transaction is finalized.
Bloomberg has revealed that the Chiron Sports firm is the firm interested in buying the team.
Based in Switzerland, Chiron Sports Group is supported by German businessman Christian Angermayer and biotech investor Robin Lauber, who is descended from a Swiss real estate family.
Former Charlton Athletic director Leo Rifkind oversees their Basel, Switzerland, and London operations.
It is hoped that the buyers are sincere supporters of Reading who are willing to make significant financial commitments to the team’s future.
Naturally, Chiron Sports Group would need to visit the club in order to continue talks as they are rumored to be interested in purchasing the team.
Bloomberg reports that Rifkind and a representative of Chiron’s deal partners met with club management in Reading at the end of the previous week.
Fans of Reading, who have been through years of suffering under Yongge’s leadership, will be relieved to hear this news.
Selles makes fun of Yongge
Chiron Sports Group made a trip
The fans have endured a lot under Yongge, but manager Ruben Selles has had to deal with a lot this season as the club’s manager.Selles’ coaches left because the club couldn’t pay them, he was limited to the January window can only sign one player to confirm and subtract points.So he is understandably frustrated with the owner and a bit of an indirect line when he talks about the gifts. the fans did for the club when the club’s future looked uncertain after the club reported a £1m deficit last month.He said: “It’s a
, whoever is supposed to run the club does not trust the charity of the fans because nobody can run the club properly.”.