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Reading Minority Owner Admits Club 'Too Expensive' To Run

League Championship side Reading minority Owner Sasima Srivikorn admitted the club has become "too expensive for them to run" as a Chinese consortium "moves closer to a potential takeover," according to the BBC. Sasima said, "We just couldn't afford it comfortably anymore." Chinese brother and sister Dai Yongge and Dai Xiu Li are "in talks to buy a 75% stake" in the club. Sasima said, "We're doing this to save the club and pass it on to better hands. If you don't have very, very deep pockets, it's a struggle and I have to say the truth." Talks with the potential buyers began in November but, despite the EFL's approval, the Premier League is "understood to have reservations." Dai Yongge, 46, failed in an attempt to buy Hull City in September and reportedly failed to meet the FA's "fit and proper persons" test. Should the deal "not go ahead," Sasima, who holds a 25% stake, assured supporters the Thai consortium "will not walk away from the club." Sasima: "We'll find a way and put our heads together" (BBC, 4/10).

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