Dai Yongge and Dai Xiu Li complete Reading takeover

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Chinese brother and sister Dai Yongge and Dai Xiu Li become the majority shareholders of Championship side Reading.

The pair began negotiations to purchase a 75% stake from the Championship club’s Thai owners in November.

The Premier League, who have a say in takeovers of clubs who could compete in their league, had been reported to be “cautious” about the deal.

The English Football League released a statement on Wednesday which said they have “no objections to the change of control application made by Reading Football Club”.

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