After a major development, middlesbrough is in danger.

After a major development, middlesbrough is in danger.

 

According to a tweet from journalist Anthony Smith, Reading will enter administration this week after a protracted period of uncertainty on their long-term future as a club.

 

The League One team has already lost four points this season as a result of a disagreement over financial depositions between themselves and the EFL, leaving them five points outside of safety.

Reading and Oxford United’s League One match scheduled for this Saturday has been postponed due to multiple international calls-ups. As a result, the Royals won’t play in a league game again until October 21. By then, the team is probably towards the bottom of the standings.

 

On Saturday, George Moncur’s injury-time winner for Leyton Orient extended Reading’s terrible streak, and the Royals lost once more in League One. But Reading did have a promising start as Tyler Bindon leveled the score in the first half after the team had fallen down.

 

The story surrounding Reading was corroborated by journalist Anthony Smith on Twitter by publishing…
[10/10, 11:09 am] solomon iordye: The story surrounding Reading was corroborated by journalist Anthony Smith on Twitter by publishing…
[10/10, 11:10 am] solomon iordye: Darren Witcoop, a fellow journalist, mirrored Smith’s post and added…

 

According to Anthony Smith, it’s more likely than not that Reading will declare bankruptcy at some point this month. Possibly this coming week. Club won’t have many options. Consider that discussions with two prospective consortiums are still ongoing.

 

Reading will most certainly have minus four points when they resume league play, which puts them at least six points behind Cheltenham Town and roughly 15 points away from safety as the division’s halfway point approaches.

The past few seasons have already been challenging for Reading supporters, and tragically it looks like the club’s atmosphere will only become worse. The Royals appear poised to go into administration, and this information makes it less likely that they will finish the current season in League One.
[10/10, 11:11 am] solomon iordye: The club’s largest transfer window ever may occur in January, but if signings are prohibited, Ruben Selles’ job will only get harder.

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