News Details
Breaking: Rich Energy scandal takes a fresh turn
After six years at the helm of Reading FC, Chinese billionaire Dai Yongge is reportedly in the final stages of selling his ownership stake in the League One club. Speculation suggests that the prospective buyer is British businessman William Storey, who has seemingly reached an agreement on a £50 million takeover of the club. Dai Yongge acquired a controlling stake in Reading FC in May 2017, but the club's relegation at the end of the previous season has left it in a precarious financial situation. Storey, a former major investor in the Formula 1 team Haas, is said to be eager to conclude the deal following what have been described as productive discussions. Want to work...
Full Story »
Full Story »
1y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Ex-Haas F1 title sponsor attempting Reading FC purchase
The founder of Rich Energy, the ex-Haas Formula 1 team title sponsor, is...
1y ago from MotorsportWeek.com
Ex-F1 sponsor William Storey set for £50m takeover of...
William Storey is reportedly poised to complete a £50m takeover of...
1y ago from Crash.net
Stroll-Perez nightmares highlighted by stunning Alonso...
Article To news overview © XPBimages Lance Stroll and Sergio Perez were...
1y ago from RacingNews365.com
FIA adjusts financial rules: more money for the...
Good news for the smaller teams in Formula 1. The FIA are adjusting...
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
3d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
2h ago from Motorsport.com
A bittersweet weekend for IndyCar’s Arrow McLaren at...
No description available...
5h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
12h ago from MotorsportWeek.c...
Untouchable Alex Palou eases to IndyCar victory at...
The IndyCar paddock travelled over 2700 miles from the event last...
12h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
2d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He has a preferred movement” - Ex-Premier League...
Braga manager Carlos Carvalhal opened up on his tactical set-up to try and...
1h ago from SportsKeeda.com
How to stop Viktor Gyökeres? ‘We’d have to foul...
onents from the striker’s time in Portugal on how they attempted to...
3h ago from TheGuardian.com
Arsenal 3-2 Newcastle – observations
Hey folks, I'm still here in Singapore. My flight is quite a bit later...
9h ago from Arseblog.com
Former Tottenham player wishes he had joined Arsenal...
Former Premier League attacker Adel Taarabt has suggested that he had the...
16h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff drops massive Mercedes F1 driver line-up clue
Toto Wolff appears to have all-but given up on... Read More »
53m ago from GPFans.com
Christian Horner breaks silence for first time after being...
Former Red Bull team boss Christian Horner posted... Read More »
3h ago from GrandPrix247.com
Ferrari issue Lewis Hamilton message after 'aggressive'...
Lewis Hamilton recovered to the points after a... Read More »
2h ago from RacingNews365.com
