Turns out they have a Supporters Trust at Reading [Star].
The supporters trust recently held a meeting [2nd], with executives from Reading F.C.
in a structured dialogue meeting, to discuss on & off field matters.
The meetings are held, to allow the trust to raise issues, with the club on behalf of supporters.

Points that came out of the meeting were -
Having no director of football, instead having a football board in place, with 4 people,
Chief Executive, Finance Director, Academy Boss & the Manager, they cover transfers
& recruitment to the club.
So two people with football knowledge, & two people running the business side.

Reading have not been docked points by the EFL, but have come extremely close, to
breaking Profit & Sustainability guidelines, over the past couple of years.

Cost cutting - Reading F.C. have been helped financially, by 17 matches being broadcast
by Sky Sports, over the past year.
Plus money coming in from fans paying for the ifollow game service.
They have moved to a new training ground, plus letting out office space at the Madejski
Stadium, looking to reduce the wage bill, 10 players out of contract in June 2021.
Club sponsorship with online betting company Casumo, ends this season, no deal set
up yet for further sponsorship.
Reading F.C. have a minority stake in R.F.C. Prop co - which has planning permission,
for the proposed Royal Elm Park Development, next to the the Madejski Stadium,
but nothing expected in the next 12 months.

Many of us on the M.M. board have said, that Rotherham United ought to have someone,
with football knowledge on the board, who could advise on valuation on players, whether
coming to the club or leaving.