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Reading FC’s Ownership Turmoil Sparks Fan Protests

Reading, UK, 13th January 2024. Port Vale fans head for the exit moments after their Manager, Andy Crosby, breaks the news to them that their EFL League One match away at Reading has been formally abandoned. Reading supporters had earlier invaded the pitch on the 16th minute to protest their club's ownership. Credit: TeeGeePix/Alamy Live News
© Alamy / TeeGeePix

Reading FC supporters are gearing up for a “red card protest” during the club’s upcoming match against Huddersfield, voicing their discontent with the current owner, Dai Yongge. The protest symbolizes the fans’ frustration and fear for the club’s future under Yongge’s management. The dissatisfaction stems from Yongge’s perceived mismanagement and financial strains that have plagued the club since his acquisition in 2017.

  • Reading FC fans plan a “red card protest” against owner Dai Yongge.
  • Fans are frustrated with Yongge’s management and financial issues.
  • The club’s financial crisis has led to significant repercussions.

Reading FC’s Financial Crisis

The current financial crisis has led to significant repercussions, including the withdrawal of Reading’s women’s team from the Championship due to financial constraints. Dai Yongge’s tenure as owner has been fraught with controversy and financial difficulties. Acquired in 2017, Yongge has faced multiple fines and criticism from the English Football League (EFL) for failing to meet financial obligations.


The financial mismanagement has forced the club into cost-cutting measures, including selling its training ground to local rivals Wycombe. This decision, among others, has sparked outrage among fans, leading to organized protests demanding a change in ownership. The collapse of Rob Couhig’s prospective deal to purchase Reading FC has only amplified concerns about the club’s future.

Impact of Ownership Issues

The collapse of the potential takeover by Rob Couhig, former owner of Wycombe Wanderers, has left Reading FC in a precarious position. With no suitable internal links available, addressing the club’s ownership issues remains a top priority for fans and stakeholders alike. The ongoing protests are a clear indication of the urgent need for a resolution to stabilize the club’s finances and management.

Fans’ Perspective and Future Prospects

Fans, along with local politicians, view remaining under Yongge’s ownership as untenable, hoping for a swift and effective change to safeguard the club’s future. The financial mismanagement and lack of clear direction have left supporters anxious about what lies ahead for Reading FC.

For more insights into Reading FC’s current situation, check out:

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