The reason is that they have violated the league’s financial regulations. The sanctions have been hanging over Reading since 2021 and they have had time to fix the financial problems, but the EFL believe the club has not done so and therefore the punishment will become a reality.
Reading now lose six very valuable points, from 46 to 40, and thus risk relegation to League One to the highest degree. You park in 20th place in the table.
“We have implemented major changes at senior level and reviewed the salary structure and transfer strategy. But those measures are not enough to meet the budget,” the club writes in a press release.