Platek nears Reading FC takeover, ending Dai Yongge era

Reading FC is reportedly in exclusive negotiations for a potential takeover involving businessman Robert Platek, who has ties to Dell Technologies. The club, which has been struggling under current owner Dai Yongge, aims to finalize the deal quickly to address ongoing financial issues and fan protests against ownership. Platek, who has a history of investing in football clubs, signed an exclusivity agreement, but the full details of the deal, including the buyer's identity, remain confidential. The agreement includes the purchase of Dai's shareholding, the Select Car Leasing Stadium, and the Bearwood Park Training Facility. Reading's management expressed optimism about the deal benefiting all parties involved, as fans have endured relegations and points deductions during Yongge's tenure. MP Yuan Yang has called for an inquiry into the club's ownership amidst ongoing supporter protests.