EFL Grants Reading FC Sale Extension to April 22

Reading Football Club's owner, Dai Yongge, has received an extension until April 22 from the English Football League (EFL) to finalize the sale of the club, following an initial deadline of April 4. The EFL's decision reflects ongoing discussions, acknowledging the complexity of the club's asset structure and competing interests. The club has been on the market for over 500 days and faces potential suspension if Yongge fails to divest his interests. The EFL emphasized the urgency of concluding the sale to alleviate uncertainty for staff and fans. Supporters' group Sell Before We Dai has expressed gratitude for the extension but urged all parties to expedite the sale process. Potential buyers include American businessmen Rob Couhig and Robert Platek, both of whom have been involved in negotiations.