Reading had an operating loss of £40.6m in 2018/19, which is after taking into account £1.7m of management charge income to another group co & £3m loan fee for Sone Aluko to a club controlled by Reading owners. Without these losses would have been over £45m #Royals

Reading reduced losses to ‘just’ £30m through player disposals & selling training ground to club owners for £13m at a profit of over £8m. The previous season Reading did similar with the Majedski Stadium. #Royals

Reading did not receive any cash for the sale of the training ground, it was offset against the sum due to owners, who put in £28m of shares and increased loans by £6.5m #Royals

Reading’s income increased almost solely due to the Aluko loan fee #Royals

Reading’s wage bill increased by £5.4 million in 2018/19. Excluding the unusual loan fee Reading therefore paid £225 in wages for every £100 of income which is a Championship record, beating Birmingham’s £202 under Harry Redknapp #Royals #Triffic Highest paid director earned £1m

Player trading: Reading bought players for £7.7m, had sales of £6.3m and wrote down transfer fees by £440k on someone who was a bit bobbins #Royals

Curiously Reading now own a property company that appears to have made profits of nearly £5m in 2018/19 #Royals

Reading were owed £7m by other clubs for transfer fees at 30 June 2019 and owed the club owners £68m out of total creditors of £80m #Royals

Reading are paying rent of £1.5m a year for the Maj Stad after selling the stadium for £26.5m. For comparison, Derby are paying rent of £1.1m on Pride Park after selling it for £80m #Royals had net spend of £14m in player trading 2019/20 & cancelled player contracts for £1m

Reading had many transactions with companies owned by club owners in 2018/19