Dai Yongge and Dai Xiu Li complete Reading takeover

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”.