Reading have had a potentially significant setback in their attempt to save the club by agreeing a sale this week, with Rob Couhig rejecting a proposal from the owner, Dai Yongge, to lift his security over the Select Car Leasing Stadium and training ground.

The Guardian has learned that Reading have sent a legal letter to Couhig offering to place some of the proceeds from the proposed sale to Robert Platek in a frozen escrow account pending the result of his high-court claim for £12m, which is scheduled for July.

Continue reading...