The club’s current owner is Chinese businessman Dai Yongge, who has had a majority stake in the club since May 2017.
He took over from Thais Lady Sasima Srivikorn, Sumrith Thanakarnjanasuth and Narin Niruttinanon, although the latter still has a minority stake in the club.
But since Yongge’s arrival in Berkshire, the club have been on a downward spiral, with plenty of point deductions culminating in relegation to League One last 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 transaction not being finalised, we examine the most recent information about the club’s sale.
Since both parties are working on the deal, they are legally unable to disclose the identities of the buyers until the transaction is finalised.
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.
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