Reading sale jeopardised by owner Dai Yongge’s £55m debt to Chinese bank

Reading sale jeopardised by owner Dai Yongge’s £55m debt to Chinese bank

Bank understood to have blocked sale to Rob CouhigDocuments show unpaid debt secured against stadium The Reading owner Dai Yongge’s repeated attempts to sell the club are being jeopardised by his failure to repay previously undisclosed debts of more than £55m to a state-backed Chinese bank, according to documents seen by the Guardian. A loan…