Reading Owner has granted EFL sale extension between the threat of suspension | Reading

Reading obtained an extension from English Football league Until April 22nd for their owner, from the Yongge, to sell the club. Reading had been at risk of suspension if they had not shown adequate signs of progress.
Dai he was disqualified pursuant to the test owners and the directors in February due to debts and judicial sentences in his native China, but at the Travagliato Club of the League One was authorized The initial 28 -day period where he needed to give up his actions, until this Saturday. The EFL, whose advice met at their monthly meeting on Thursday, has now given more time to sell.
The EFL privately believes that you are more motivated than before to sell the club, which she acquired with her sister, from the Xiu Li, in May 2017, two weeks earlier Reading He lost a championship playoff final against Huddersfield.
The EFL is in regular dialogue with the club as regards a sale. Last week the championship met the confidence of supporters in Reading (Star) and local parliamentarians regarding the situation.
The American businessmen Robert Platek, owner of the Portuguese club Casa Pia, and Rob Couhig, the former Wycombe owner of Wycombe, is believed interested in the purchase of the club. Last week Reading said he had the “full intention of avoiding” a suspension, which would have prevented them from playing games.
Thursday, an EFL declaration reiterated its determination to make a sale to the “first opportunity, in order to put an end to the current uncertainty that surrounds its future for its staff, supporters and wider communities”.
He said: “The Council recognized that these issues are further complicated by the structure of the activities held between different companies and various competing security interests, and therefore deemed appropriate to allow to resolve more time for them.”
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The reading, which hosts Wycombe on Saturday, is seventh in the third level after the defeat in Blackpool Tuesday, but remain the hunt for a playoff. The former striker of the Club Noel Hunt succeeded Rubén Sellés, who left for Hull City, as manager in December.