Highlights
- Football finance expert Kieran Maguire questions the legitimacy of William Storey's bid to buy Reading FC, highlighting previous failed attempts to purchase other clubs and a lack of evidence of significant funds.
- Maguire raises concerns about Storey's ability to pass the Owners and Directors test of the EFL and questions where he will obtain the necessary funds for the takeover.
- Storey's track record suggests that he enjoys initial publicity but lacks the ideas or funds to follow through, making him unfit to run a football club. The hope is that this agreement doesn't discourage other potential bidders from stepping in with a more legitimate offer.