Former CEO Nigel Howe, now property projects manager at the Royals, has been asked by unpopular owner Dai Yongge to oversee the sale of the League One club.
Howe told BBC Radio Berkshire that Dai had been undecided about whether or not to sell or just allow new investment, but was now intent on selling.
“He’s eventually got to the point where he thinks the best route is to go for a full disposal,” Howe said. “We’ve been contacted directly by a good seven or eight bidders.
“With the EFL, it’s not just about the owners’ test, it’s also about making sure the financial requirements are met as well and putting in place a business plan the EFL say is workable.
Proposal
Denne historien er fra January 28, 2024-utgaven av The Football League Paper.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 28, 2024-utgaven av The Football League Paper.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
END OF CUP ROAD FOR EFL BATTLERS
EFL interest in this season’s Carabao Cup came to an end in midweek, but it certainly wasn’t for the want of trying.
GOALS GALORE IN THE TROPHY
THE goals flew in from all angles as the Bristol Street Motors Trophy revved into action again in midweek.
KEEPER GAFFE SINKS TOWN
HUDDERSFIELD boss Michael Duff questioned his players’ mentality after goalkeeper Chris Maxwell’s bloomer handed NonLeague Tamworth a shock win.
ACE SLEW & WILLIAMS SEE OFF REBELS...
DECISIVE goals at either end of the game from Jordan Slew and Rhys Williams helped League Two Morecambe avoid a potential banana skin against National League South outfit Worthing.
MATT'S MEN JUST HAVE ENOUGH GAS
HONEST Bristol Rovers boss Matt Taylor has acknowledged his side were pushed all the way in their tie against Weston-super-Mare.
'WHITES' ARRAY OF FIREPOWER WILL GIVE THEM THE EDGE OVER RIVALS'
GARY Rowett says Leeds’ glittering arsenal of attacking stars will bring the Championship title to Elland Road.
POMPEY'S GAME OF TWO HALVES
Murphy's in to deny the Tigers
SET-PLAY PREP PAYING OFF FOR PELACH
NARCIS Pelach admitted Stoke have been working tirelessly on set-pieces since his arrival – and he was pleased the hard work paid dividends with the winner against Derby.
Robins lays marker to his Sky Blues
MARK Robins has challenged his Coventry City players to go on a Championship charge after the Sky Blues ended their wait for success on their travels with resounding victory against ten-man Boro.
JUST FAB FOUR BAYO IS UNSTOPPABLE
FOUR second-half goals in an incredible display from Vakoun Bayo powered Watford to a resounding victory at Hillsborough.
