EFL Statement: Reading FC
Reading Football Club has today received a one-point deduction with a further three points suspended after an Independent Disciplinary Commission determined that the Club had breached EFL Regulations.
The breaches related to the Club having failed to pay its players’ wages on time and in full on or around 31 October 2022, 30 November 2022, and 28 April 2023.
Reading’s 2023/24 League One points tally will be adjusted immediately whilst Owner Dai Yongge has also been fined £10,000 and ordered to deposit an amount equal to 125% of the Club’s forecast monthly wage bill in a designated Club account, in an attempt to avoid further breaches.
If the 125% deposit is not paid within 28 days of the Independent Disciplinary Commission’s decision or there is any further failure to pay players’ salaries up until 30 June 2024, then the suspended points sanction will be activated.
The EFL remains extremely frustrated at the consistent failures of the Club’s ownership to meet its ongoing obligations under EFL Regulations, the consequences of which are having a negative impact for all those associated with Reading, particularly its staff members, supporters, and local community.
Whilst we acknowledge the independence of the commission and the sanction imposed, this outcome does fall some way short of the League’s existing sanctioning guidelines. The EFL will now undertake a full review of the decision issued, taking into consideration the recent previous sanctions imposed on the Club and their subsequent impact.
The Independent Disciplinary Commission’s Written Reasons can be viewed here.
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