League One club agree sale in principle

The EFL has received confirmation from all parties that a sale has been agreed in principle with Redwood Holdings Limited for Reading FC, with the transaction expected to be completed shortly, once final legal technicalities have been completed.

As such, the EFL Board has agreed to extend the time allowed for Mr Dai Yongge to divest his interests until Thursday 8 May, subject to compliance with all other EFL regulations.

Is this Reading.??

Is this Reading.??

Yes sorry, meant to include in the OP that it was Reading - have edited it now.

Fully expecting them to be the team to beat next season If they don't make it up this year. They have done incredibly well with all the shenanigans going on off the pitch.