EXCLUSIVE: Reading agrees to deduct SIX Championship points with the EFL … and could receive another six points after Championship team violated spending rules
- Reading has been affected with a point deduction for having had financial difficulties
- The Royals will take an immediate hit of six points, putting them 19th on the table.
- The championship team also received a six-point suspended deduction.
- But no additional six points will be applied pending compliance
Reading agreed to a six-point deduction with the EFL after violating spending rules, Sportsmail understands.
The Championship side will also see another six suspended points, and will need to adhere to an agreed business plan for the remainder of this season and next to avoid triggering the additional penalty.
Six points would see the Royals slide from 16 to 19, but would knock them out of the second tier relegation spots.
Reading coach Veljko Paunovic has seen his team sink closer to a relegation fight after a six-point deduction agreed by the club with the Football League.
Reading could also be hit with another six-point deduction pending compliance with an agreed business plan that will remain with the club from now until the end of next season.
Championship clubs may not have losses of more than £ 39 million over three years, but Chinese-owned Reading’s operating losses during that period exceeded that figure.
The negotiations have been described as “lengthy but friendly”.
A business plan has been agreed for the remainder of this season and next. Must be met in the event the Royals deviate from an additional six point penalty. High salaries are believed to be some of the financial issues that need to be addressed.
Yesterday, it was announced that Derby had received an additional nine points for financial defaults in addition to the 12 that were awarded to him in September for entering administration.
Wayne Rooney’s side sits at the bottom with minus three points. With six points deducted, Reading would have 16 points. Currently Hull City, with 12 points, occupies the last place of descent.