Reading in takeover talks with Hong Kong businessman linked to Dai Yongge

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Reading in takeover talks with Hong Kong businessman linked to Dai Yongge
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Bennny Kwong's Blue River Holdings are targeting the League One club after the surprise collapse of Rob Couhig's bid

Bennny Kwong's Blue River Holdings are targeting the League One club after the surprise collapse of Rob Couhig's bidhas learned that Benny Kwong, who runs a Hong Kong-based gas company that operates throughout China, has held talks with Dai about buying the cash-strapped

The 65-year-old was previously a director of the same Hong-Kong based medical investment company – Tai United Holdings – as Reading’s chief executive Dayong Pang until he resigned from the board two years ago.Dai’s latest move follows the surprise collapse of a deal to sell the club to former Wycombe Wanderers owner Rob Couhig a fortnight ago following several months of exclusive negotiations.

Couhig had agreed to pay £28m for Reading and has attended several League One matches this season, with the club not providing any explanation for the collapse of the sale. “Mr Dai remains committed to the sale of Reading Football Club and provisions are in place to fund the club until a transaction is completed,” Reading said in a statement last month.

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