Reading's Club Sale Deal Progresses with Extended Deadline
Reading has agreed terms with a buyer for the club sale, with the EFL extending the deadline.
Reading has made significant progress in the sale of the club. The English Football League has extended the deadline to complete the deal to 5 May. The club's current owner and the buyer have agreed on the terms. The buying party will support the club's financial obligations until the transaction is complete. Reading is currently seventh in League One.
- The first extension was until 22 April.
- The club re-entered talks with a buyer in early April.
- If the owner fails to divest within the new time frame, the EFL can stop Reading from playing matches.
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