The recent William Storey post surfaced amid Reading FC takeover chatter concerns West Ham and a takeover bid involving David Sullivan. Its excerpt does not mention Reading, so it is not evidence of a new Storey bid for the club. Reading FC announced in 2025 that Redwood Holdings Limited had completed its takeover; that is the latest ownership outcome verified in the sources cited here, not confirmation that no later change has occurred.
What Storey’s recent post says—and what it does not
The surfaced social media item is headed “#westham” and refers to a takeover bid concerning David Sullivan and West Ham. The available excerpt does not connect the post to Reading FC, and it does not establish when the post was published. Source: the surfaced post.
There is no verified, current verbatim statement in the available sources in which Storey hints at a Reading takeover. Without a direct Reading reference or reliable reporting that makes that connection, the West Ham post should not be described as a Reading bid or hint.
Reading FC’s latest verified ownership outcome
Reading FC announced in 2025 that Redwood Holdings Limited had completed its takeover of the club. That is the latest ownership outcome established by the sources cited here; it does not rule out a subsequent development that is not reflected in those sources. Reading FC’s 2025 announcement.
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How the earlier Storey takeover reports fit in
2023: reported discussions and takeover chatter
A 2023 talkSPORT report recounted former Wycombe chairman Rob Couhig’s account of dealings with Storey amid talk of a Reading takeover. Couhig described the attention around Storey as time-consuming, saying journalists and fan groups repeatedly asked about him and his offer. That account is retrospective reporting about earlier discussions, not confirmation of a current bid. talkSPORT’s report.
Storey’s reported withdrawal
Crash.net reported that Storey pulled out of the race to buy Reading. The report reproduced his account that, “After signing a contract and exclusivity in Oct[ober] we entered a period of due diligence.” This is a historical statement about the earlier process, not a new takeover hint. Crash.net’s report.
What Reading said about the sale process in October 2024
On 7 October 2024, Reading FC said it had agreed an exclusivity period with a potential purchaser. The proposed sale included Dai Yongge’s shareholding in The Reading Football Club Limited, the Select Car Leasing Stadium and Bearwood Park Training Ground. The club also said the EFL had placed it under a registration embargo related to late filing of accounts for the 2022–23 accounting period. This statement records the position at that time; it is not evidence of a current sale process. Reading FC’s October 2024 statement.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What fans can and cannot conclude
- Established: the surfaced Storey post concerns West Ham, not Reading FC.
- Established: Reading FC announced Redwood Holdings Limited’s takeover completion in 2025.
- Historical context: earlier coverage described Storey’s Reading-related discussions and his reported withdrawal.
- Not established: that Storey has made a new Reading bid, that a new sale process is underway, or that the West Ham post signals a change in Reading’s ownership.
Social media speculation and fan comments do not confirm a bid, ownership status, funding or EFL approval. For a current ownership update, a newer direct announcement from Reading FC or another reliable, specific source would be needed.
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