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​Reading poised for Chinese ownership

The Thai consortium which owns Reading is on the brink of selling its shares to a Chinese brother and sister, BBC Radio Berkshire reports.

Negotiations have begun with Dai Yongge and Dai Xiu Li and a deal could be completed "within a fortnight".

Yongge and Xiu Li failed in an attempt to buy Hull City in September.

Current owners Lady Sasima Srivikorn, Sumrith Thanakarnjanasuth and Narin Niruttinanon took control of the Championship club in September 2014.

Reading have so far declined to comment.

Any deal with Yongge and Xiu Li would see the Thais retain ownership of land around the club's Madejski Stadium, currently earmarked for redevelopment, as well as the Millennium Madejski Hotel.

But the current owners are looking to sell the stadium, the club and the training ground.

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Ian Ferris
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