Not been bad few days
Club Statement | Exclusivity agreement
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Reading Football Club can confirm it has committed to a letter of intent with a potential purchaser of the club.
The parties will now enter a period of exclusivity to complete final due diligence and legally complete the transaction. Whilst timelines cannot be guaranteed, the structure of the deal should allow for a quick completion, which would be for the benefit of all concerned.
Whilst we understand our supporters' wish to know the purchaser’s identity, at this stage, confidentiality is preferred to complete at the earliest opportunity.
The club can confirm the agreed sale includes the transfer of Mr Dai’s shareholding in The Reading Football Club Limited, as well as the Select Car Leasing Stadium and Bearwood Park Training
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Reading Football Club can confirm it has committed to a letter of intent with a potential purchaser of the club.
The parties will now enter a period of exclusivity to complete final due diligence and legally complete the transaction. Whilst timelines cannot be guaranteed, the structure of the deal should allow for a quick completion, which would be for the benefit of all concerned.
Whilst we understand our supporters' wish to know the purchaser’s identity, at this stage, confidentiality is preferred to complete at the earliest opportunity.
The club can confirm the agreed sale includes the transfer of Mr Dai’s shareholding in The Reading Football Club Limited, as well as the Select Car Leasing Stadium and Bearwood Park Training