EFL Statement: Reading FC reaches an Agreed Decision with EFL in respect of the Club's failure to comply with the League's Profit and Sustainability (P&S) Rules.
In November 2021, the EFL and Reading Football Club reached an Agreed Decision in respect of the Club’s failure to comply with the League’s Profit and Sustainability (P&S) Rules.
As part of the decision, the Club is required to comply with the terms of a Business Plan up until the end of season 2022/23. The plan focuses on a number of financial targets with the objective of improving the Club’s financial performance.
The Club Financial Reporting Unit within the EFL is currently reviewing submissions from Reading to determine whether compliance has been achieved.
There will be no further comment on the matter at this time.
