
Originally Posted by
Ericsladkilnhurst
League Two - Reading FC
Reading football club owner Dai Yonge has been fined £20,000 for failing to deposit the necessary
wages, at the football club.
Dai charged with misconduct by the EFL in September 2023, after not banking enough money to
cover 125% of the forecast monthly wage bill.
The EFL recommended he be banned from all football activity for 12 month's.
But the Independant DisciplinaryCommission opted against enforcing it.
The Commission described Dai's actions as " Deliberate Misconduct ".
A further £50,000 fine issued by the Independant Disciplinary Commission, has been suspended
until 12th January 2024 & that will be triggered, if he fails to deposit the required wages amount
in full.
The EFL said, it did not feel another sporting sanction against Reading FC was appropriate in this
case, as they were taking direct action against the owner.
Reading FC still remains up-for-sale.
New -
Reading owner Dai Yongge has been fined a further £50,000 by the EFL, for failing to fund a
deposit account, to cover salaries of players & staff.
The EFL board urged Yongge to either " Fund the Club adequately " or make " Immediate
Arrangements " to sell the club.
Yongge fined £10,000 in August 2023, £20,000 in December 2023, now £50,000 January 2024.
Total fines £80,000