Close Menu
WTX News
    Facebook X (Twitter) Instagram
    Trending
    • Australia U-19 star Harjas Singh smashes triple century in 50-over grade game
    • Conservative Party pledges £1.6bn ICE-style ‘removals force’ to detain and deport illegal migrants
    • Robbie Williams concert cancelled in interest of public safety
    • Kimi Antonelli on Singapore qualifying: I let emotions get the better of me
    • Gunfire and explosions followed by unsettling silence: Sky News reports from inside Gaza City
    Facebook X (Twitter) Instagram YouTube
    WTX News
    • Live News
      • US News
      • EU News
      • UK News
      • Politics
      • COVID-19
      • Business
      • Tech zone
    • World news
      • Middle East News
        • UAE News
        • Palestine News
      • Europe
        • Italian News
        • Spanish News
      • Africa news
      • South America
      • North America
      • Asia
    • News Briefings
      • UK News Briefing
      • World News Briefing
      • Live Business News
    • Sports
      • Football News
      • Tennis
      • Women’s Football
    • MY World
      • Climate Change
      • In Review
      • Expose
      • Special Reports
        • Conscience Convoy
        • Rohingya Report
    • Entertainment
      • Insta Talk
      • Royal Family
      • Gaming News
      • TV Shows
      • Streaming
    • Lifestyle
      • Fitness
      • Fashion
      • Cooking recipes
      • Luxury
      • Money Saving Expert
    • Travel
      • Culture
      • Holidays
    • Sign Up
      • Log In
    WTX News
    • Live News
    • World news
    • News Briefings
    • Sports
    • MY World
    • Entertainment
    • Lifestyle
    • Travel
    • Sign Up
    Home - Football - Reading takeover by ex-Wycombe owner agreed in principle
    Football

    Reading takeover by ex-Wycombe owner agreed in principle

    By WTX Sports Team2 Mins Read
    Facebook Twitter LinkedIn Email Telegram WhatsApp
    Reading takeover by ex-Wycombe owner agreed in principle

    Cliff Notes – Reading takeover by ex-Wycombe owner agreed in principle

    • Former Wycombe Wanderers owner Rob Couhig has reached an agreement to purchase Reading FC, with the deal expected to be finalised soon.
    • The takeover includes the Select Car Leasing Stadium and Bearwood Park Training Ground, pending final legal formalities.
    • The EFL has extended the deadline for the sale of Dai Yongge’s shares until May 8, following his disqualification under ownership regulations.

    Reading takeover by ex-Wycombe owner agreed in principle

    Former Wycombe Wanderers owner Rob Couhig has reached an agreement to buy Reading, the English League One club said on Saturday.

    The 75-year-old American lawyer has a varied investment portfolio which includes businesses in industries such as pharmaceuticals and real estate.

    Chinese businessman Dai Yongge was ordered to sell the club in March having been being disqualified under the EFL’s owners’ and directors’ test. Reading announced last month they had agreed terms over the sale.

    “Reading Football Club is pleased to announce the sale in principle of the club to Redwood Holdings Limited,” the club said in a statement.

    Rob Couhig is set to complete a takeover of League One club Reading. Bradley Collyer/PA Images via Getty Images

    “The takeover includes the Select Car Leasing Stadium and Bearwood Park Training Ground. The formal completion of the transaction is subject to final legal technicalities but is fully expected to be completed shortly.

    “Based on the agreement between the parties, the EFL has agreed to extend its deadline for the divestment of Mr Dai Yongge’s shareholding until its next board meeting on May 8.

    “Redwood Holdings Ltd is a subsidiary of Dogwood Football LLC, which is owned by Rob Couhig and Todd Trosclair of New Orleans, Louisiana.”

    Editor’s Picks

    1 Related

    Yongge, who took over Reading in 2017, has been blamed by fans for the club’s problems after they had six points deducted last season for financial mismanagement.

    They also withdrew from the Women’s Championship due to financial issues.

    Reading are seventh in League One, one place behind Leyton Orient who are in possession of the final playoff place thanks to their superior goal difference.

    Football featured Football gossip Sports featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp
    Previous ArticleWhy Verstappen has a new floor in Miami – but his engine could be holding him back
    Next Article Five people survive 36 hours surrounded by alligators after plane crashes into swamp in Amazon
    WTX Sports Team

    The Sports Team is responsible for delivering your Sports Brief. Weekly roundup to cover all things Football, Cricket, Tennis Formula 1, Boxing and Olympics and more.

    Related Posts

    Leeds 1-2 Spurs Game Analysis
    Football

    Leeds 1-2 Spurs Game Analysis

    Savinho signs new Man City contract until 2031
    Football

    Savinho signs new Man City contract until 2031

    Man City’s Haaland is on pace to surpass Messi and Ronaldo’s best seasons But is that good
    Arsenal FC

    Man City’s Haaland is on pace to surpass Messi and Ronaldo’s best seasons But is that good

    Celtic fans call off Braga protest as board invites talks
    Football

    Celtic fans call off Braga protest as board invites talks

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Advertisment
    News Headlines
    Conservative Party pledges £1.6bn ICE-style ‘removals force’ to detain and deport illegal migrants

    Conservative Party pledges £1.6bn ICE-style ‘removals force’ to detain and deport illegal migrants

    Gunfire and explosions followed by unsettling silence: Sky News reports from inside Gaza City

    Gunfire and explosions followed by unsettling silence: Sky News reports from inside Gaza City

    Save 70% on VIP subscription
    News Briefings - the way to a better life
    News Briefings - the way to a better life
    Advert by Sponsors
    More from WTX News
    The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
    The latest gaming news
    Hot off the press!
    • Australia U-19 star Harjas Singh smashes triple century in 50-over grade game October 5, 2025
    • Conservative Party pledges £1.6bn ICE-style ‘removals force’ to detain and deport illegal migrants October 4, 2025
    • Robbie Williams concert cancelled in interest of public safety October 4, 2025
    • Kimi Antonelli on Singapore qualifying: I let emotions get the better of me October 4, 2025
    • Gunfire and explosions followed by unsettling silence: Sky News reports from inside Gaza City October 4, 2025
    WTX News latest breaking news sports and travel
    Latest News and analysis - Deciphering through the BS with exclusive News Briefings
    Facebook X (Twitter) TikTok Instagram

    News

    • World News
    • UK News
    • US News
    • EU News
    • Business
    • Opinions
    • News Briefing
    • Live News

    Company

    • About WTX News
    • Register
    • Advertising
    • Work with us
    • Contact
    • Community
    • GDPR Policy
    • Privacy

    Services

    • Fitness for free
    • Insta Talk
    • How to guides
    • Climate Change
    • In Review
    • Expose
    • NEWS SUMMARY
    • Money Saving Expert

    News delivered to your inbox

    Copyright WTX News 2025

    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.