Reading Football Club's ownership has shifted to Rob Couhig and Todd Trosclair, finalized with approval from the English Football League. The club's previous owner, Dai Yongge, faced financial challenges leading to significant point deductions and protests. Couhig aims to improve the club's standing in English football through principles of transparency and financial sustainability. The takeover includes all shares in the club, the Select Car Leasing Stadium, and the Bearwood training ground, signaling a hopeful future for the club after years of turmoil.
Reading are pleased to announce that Redwood Holdings Limited - a subsidiary company of Dogwood LLC, owned by Rob Couhig and Todd Trosclair of New Orleans, Louisiana - has completed the acquisition of 100% of the shareholding in Reading Football Club.
Rob Couhig will take control of shares in the League One club, the Select Car Leasing Stadium and Bearwood training ground from former Reading owner Dai Yongge, whose tenure as majority shareholder since 2017 has been fraught with financial difficulties.
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