Reading Football Club is reportedly in advanced talks with a North American group for a potential buyout, including the sale of their home ground, Select Car Leasing Stadium, Sky Sports News understands. Concurrently, London Irish, a rugby team, is also in discussions about a takeover, with German investor Daniel Thomas Loitz, who owns several women's football clubs, expressing interest in reviving the club as a professional team. London Irish aims to compete in the Championship by the 2025-26 season, with several sources confirming the advanced stage of the talks and the club's aspirations.
🚨 London Irish in talks over takeover and eye 2025 return to Championship ✍️ @tomjgarry #TelegraphRugby
☘️ Potentially some amazing news for London Irish… In ‘advanced talks’ for a takeover and eyeing a spot in the Championship for 2025 👀 #GallagherPrem https://t.co/H0kjGywwmr
A cracking story from @TomJGarry here. London Irish are in advanced talks over a takeover that would revive the professional club. https://t.co/RPPS4rWoRn