Reading FC boardroom changes after Companies House movement.

The three Reading shareholders’ identities have been confirmed following the acquisition by Redwood Holdings.

On Wednesday, the Royals officially parted ways with Dai Yongge after eight years of rocky ownership, including more than two years of financial turmoil and the club’s very existence being threatened.

Rob Couhig, former Wycombe Wanderers owner, will serve as Chairman, and is supported by business partner Todd Trosclair.

Couhig described Trosclair as a self-made American success story. He is a trained electrician who has gone on to establish one of America’s best electrical contracting companies, particularly in the Gulf South. He is a home builder, and when I say that, I don’t mean he only builds one or two; he builds hundreds.

“He is interested in restaurants, pizza houses, and pizza parlours. He’s very good at this; he’ll come in and buy a piece of something and contribute his knowledge to it. He is the primary owner of Galatoire’s restaurant in New Orleans, which is regarded as one of America’s true culinary greats–a place I used to frequent as a young man on Friday afternoons. He’s a great guy, a hard worker, and he understands business, which is exactly what I was looking for in a partner. I’ve been fortunate enough to represent Todd as a lawyer, but as we always joked, I never really billed him for it because we became friends, and I was attempting to leave the practice of law anyway. It’s a fantastic partnership.”

Alec Lundberg, New Orleans’ Chief Financial Officer and former football player, is also a named director.

Former Wycombe Wanderers captain Joe Jacobson will join as Co-CEO and COO, following initial talks in August.

“He’ll be our Co-CEO and Chief Operating Officer. Joe, I think, is fantastic. First and foremost, I knew him when we used to negotiate against each other at Wycombe, with him representing the players and me representing the ownership. But, more importantly, I got to know him as a person over the years, and I know he has a strong desire to be involved in the business side of football.

“Most players, if asked, want to be managers or do something else. Joe made it his mission to learn about the football business. When we didn’t get it over the line last September, I encouraged him to take advantage of these media opportunities because the more he saw other clubs and asked people questions, the better off he would be.

“I’m a hands-on CEO, but there’s so much to do that I need Joe with me. I want people to understand that if they can’t reach me for any reason, Joe is available and capable of making decisions.”

Jacobson has already been on the pitch, meeting with the on-field staff to plan for the upcoming season.

“Joe Jacobson was there yesterday meeting with Noel and Brian to make sure we have our player philosophy in place and that we’re ready to go before the deadlines, and we had our accountants come in yesterday to meet with Graham Odell and start that transfer to ensure that we have open transparency.

“We talked inadvertently, or on purpose, with a couple of media people, and we were able to get some things done on our side of the ocean that we felt were important. Overall, I’m feeling good and looking forward to much more.”

Supporters rejoiced when Yongge and his sister, Xiu Li Hawken, were terminated as directors on Companies House, marking the end of the era.

Former shareholder Narin Niruttinanon was part of the Thai consortium that acquired the club from Sir John Madejski in 2015.

Dayong Pang, who was Chief Executive Officer under Mr Yongge, has also had his directorship terminated, and it is highly likely that his involvement in the club will come to an end during the Redwood era.

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