2 years ago
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Reading have been deducted six points by the English Football League for breaching financial rules.
The EFL said between 2017-18 and 2020-21 the Royals lost £57.8m - the EFL's limit for that period is £39m.
The club have a further six-point deduction suspended until the end of next season, provided they comply with a business plan.
It sees Reading drop from 16th to 19th in the Championship, on 16 points, four clear of the relegation places.
The Berkshire club have been under a transfer embargo since the summer as a result of their breach of profit and sustainability rules.
Reading are the second club in as many days to have a points deduction imposed on them after Derby were docked a further nine points after admitting breaches of EFL accounting rules, taking their overall deductions this season to 21 points.
More to follow.
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