Reading FC: A New Era Begins Following Ownership Change and Managerial Upheaval

Introduction: A Club in Transition

Reading Football Club, one of England’s oldest professional football teams founded in 1871, finds itself at a critical juncture in its long history. The 2025–26 season is Reading’s 155th and their third consecutive season in EFL League One. After years of financial turbulence and ownership struggles, the Royals are embarking on a new chapter that brings both hope and challenges for the club and its supporters.

Ownership Transformation Brings Fresh Hope

Reading Football Club announced that Redwood Holdings Limited have completed their takeover of the football club in May 2025, marking the end of the controversial Dai Yongge era. This is Reading’s first season under the ownership of Redwood Holdings, led by American businessman Rob Couhig, who brings experience from his previous involvement with Wycombe Wanderers. The takeover represents a significant turning point after the EFL had disqualified Yongge and set strict deadlines for the club’s sale.

Managerial Changes and Current Challenges

The new ownership has not been without its difficulties on the pitch. On 26 October 2025, Reading sacked former player and head coach Noel Hunt with 3 wins in 14 matches after a 1–1 draw at home to Doncaster Rovers on 25 October 2025. Hunt’s dismissal came after a disappointing start that left the club languishing in 19th position, dangerously close to the relegation zone.

The club moved swiftly to appoint Leam Richardson as Hunt’s replacement. Richardson, who previously achieved success by guiding Wigan Athletic to the League One title in 2021/22, brings valuable third-tier experience. Despite currently being in 19th position in League One, Couhig has given his full backing to Richardson and believes he will build a squad to help the club compete for promotion.

Looking Forward: Hope Amid Uncertainty

As Reading approaches the midpoint of the season, the club faces a challenging road ahead. Recent performances have shown signs of improvement, with momentum really building for Reading as they have now gone 5 games without losing and are currently unbeaten in 7 games at home. The club has also strengthened its squad with key signings and the return of academy graduate Andy Rinomhota.

For Reading supporters, the significance of this season extends beyond league position. The successful ownership change and investment in new management represent the stability that has been sorely missing in recent years. While promotion may be optimistic given the current standing, consolidation in League One and building a foundation for future success remains the realistic priority. The coming months will prove crucial in determining whether Richardson can replicate his previous League One success and guide the Royals back towards the Championship, restoring the club to its former standing in English football.