Reading owner Rob Couhig considers selling training ground to raise funds Sport Business Reading owner Rob Couhig is considering radical measures including downgrading the club’s Academy or selling the training ground to increase the funding he can make available to the first team. The American, who paid around £25m to buy the League One club from Dai Yongge at the end of last season, has been an outspoken critic of [...]
Exclusive: Reading in talks over Welcome to Wrexham style docuseries Sport Business Reading could be the latest EFL club to make a “Welcome to Wrexham”-style documentary series. Owner Rob Couhig is understood to have been approached by several production companies since completing his takeover of the League One club in May. The discussions have yet to involve broadcasters or streaming services, but Couhig has been told that [...]
Exclusive: UK football clubs owe £1m in tax to HMRC Sport Business Twenty lower league football clubs in the UK have fallen into arrears to the HM Revenue & Customs (HMRC), according to date from chartered accountants and business advisers Lubbock Fine shared with Morning Wire. The value of Pay as You Earn (PAYE) payroll tax owed by football clubs was £1.04m as of 22 May 2025, [...]
Couhig buys Reading from Yongge after EFL approval May 14, 2025 Troubled League One club Reading FC have finally been taken over by former Wycombe owner Rob Couhig’s Redwood Holdings after the EFL cleared the 100 per cent acquisition. The deal will see the Dogwood LLC subsidiary take control of the football club, which was plagued with financial issues under former owner Dai Yongge, as well [...]
Ahead of the Game: India want rule change to World Test Championship January 8, 2025 India are pushing for an overhaul of the International Cricket Council’s points system for the World Test Championship after missing out on the final for the first time. Australia’s 3-1 Test series win over Rohit Sharma’s side secured their place in the final against South Africa at Lord’s this summer, condemning India to third in [...]
Reeves employer NIC tax plans raise wind-up fears for football clubs January 7, 2025 A total of 24 professional football clubs are in arrears to HMRC over PAYE debt, with experts fearing that number could rise due to Rachel Reeves’s budget. Clubs including Championship side Reading and National League Southend United are among those who received winding-up petitions from HMRC in 2024. But business experts have warned that changes [...]
Fifa risks legal battle by including Mexican teams in Club World Cup draw December 3, 2024 Fifa will include two Mexican teams with the same owners, Club de Futbol Pachuca and Club Leon, in the draw for the Club World Cup tomorrow despite facing potential legal action over their involvement in next summer’s competition. Costa Rican club Liga Deportiva Alajuelense have sent a formal complaint to Fifa on the basis that [...]
Reading crisis goes on after former chairman’s takeover bid is rejected December 3, 2024 Former Reading chairman Roger Smee says he is “sad” that his takeover bid to prise the club from unpopular owner Dai Yongge has been rejected. Morning Wire revealed last month that the 76-year-old property tycoon, who also played for Reading in the 1960s and 1970s, was putting together a rescue package. Smee also expressed his [...]
Hotel snag hits potential rescue deal for beleaguered Reading FC August 21, 2024 The long-running takeover saga at Reading has been further delayed by a dispute over the status of an IGH hotel at the Select Car Leasing Stadium. Former Wycombe owner Rob Couhig has agreed a £25m deal to buy the League One club that also includes the stadium and the training ground, thus ending the disastrous [...]