Earlier today, the EFL Board granted a further extension until Monday 5 May for Mr Dai Yongge to divest his interests in Reading FC, subject to compliance with all other EFL Regulations.

Since our last update on 3 April, further progress has been made in respect of the proposed sale of the Club. As a result, the Board deemed itappropriate to agree to the Club’s request to allow more time for matters to be concluded in accordance with EFL Regulations.

As stated previously the League continues to monitor the Club's immediate cash flow requirements.