Rob Couhig Nears £30 Million Deal for Reading Football Club

Reading FC News

Rob Couhig Nears £30 Million Deal for Reading Football Club
Rob CouhigBloombergChinese Businessman
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(Bloomberg) -- American financier Rob Couhig is nearing a deal to buy English football club Reading FC from Chinese businessman Dai Yongge, according to...

-- American financier Rob Couhig is nearing a deal to buy English football club Reading FC from Chinese businessman Dai Yongge , according to people familiar with the matter.In DNC, Chicago’s Embattled Transit System Faces a High-Profile Test

In a July 26 post on X, the social media platform formerly known as Twitter, Couhig said he had signed up for a subscription to Reading’s official TV channel. “Well, that’s sorted. Royals TV package purchased. Should be quality preparation for the season. Anxious to see the boys in action,” he wrote.

Chiron Sports Group, a capital and advisory firm co-founded by Leo Rifkind, provided financing to Reading during last season, the people said. Rifkind could join the board of Reading following any takeover by Couhig to help with the transition, they said. Porsche SE is in a position financially to consider further investments to diversify its portfolio, the holding group's finance chief said alongside first-half results on Tuesday. "Our financial resources give us considerable flexibility for potential investments in further core and portfolio investments," Johannes Lattwein, Porsche SE's board member for finance and IT, said in a statement.

The popular Viper roller coaster at the Six Flags Magic Mountain amusement park in Valencia, California suffered an unknown malfunction on August 11, causing riders to become temporarily stranded on a flat part of the track. No injuries were reported.RCMP in Alberta say one of two suspects wanted in a deadly shooting east of Calgary last week has been arrested, but the search continues for the other.

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