Reading face points deduction

Reading face the prospect of a nine point deduction for breaking financial rules, having accumulated losses of £138m: https://www.mirror.co.uk/sport/football/news/reading-derby-points-deduction-efl-25037594

This once again emphasises how easy it is easy for a Championship clubs finances to get out of control as they pursue the Premier League dream. There needs to be a mechanism for earlier intervention.

Kieran Maguire of the PriceofFootball comments: 'Looking at Reading's accounts for last three years this probably should not come as a huge surprise. Total lack of attempt to control the business side of the club and spending out of control, especially since parachute payments ended.'

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The Political Economy of Football V2

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