Reading referred to commission and placed under embargo after failing to pay HMRC

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Reading referred to commission and placed under embargo after failing to pay HMRC
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Reading have been referred to an independent disciplinary commission (IDC) and placed under a registration embargo after the club repeatedly failed to make payments to the HMRC (HM Revenue & Customs, the UK’s tax authority). The charge is related to unpaid tax in September and October.

have been referred to an independent disciplinary commission and placed under a registration embargo after the club repeatedly failed to make payments to the HMRC . The charge is related to unpaid tax in September and October. As a result the club’s owner Yongge Dai will face a personal charge, with his hearing being expected to take place by the end of November.

” This latest legal update comes amid news that former the troubled club who were relegated from the in 2012-13. Ashley, , has held discussions about a potential deal to buy out Dai. In addition to this, , a British businessman, who has failed in attempts to buy and — announced that he would not proceed with his attempt to saying: “ After signing a contract & exclusivity in October we entered a period of due diligence. Our accountants have reported.

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