A significant barrier to the process of selling Reading Football Club has been surpassed as charges against Reading's parent company- Renhe Sports Management- and Bearwood training ground have been satisfied.

Former Wycombe Wanderers' owner, Rob Couhig, has been the closest party to purchasing the club, coming extremely close to taking over during the summer.

When putting in loans to help keep the club afloat last spring, worth approximately £4.6m, Redwood took out charges against shares of the club, via Renhe Sports Management, and Bearwood via RFC Bearwood Ltd.

READ MORE: Reading FC issue latest ownership update ahead of 2025

These would need satisfying in order for shares of the club and training ground to change hands, and this was completed on January 13, seemingly ending Redwood Ltd and Mr Couhig's hold over club assets.

With talk of property tycoon Paul Taylor's interest in the club, as well as other parties waiting in the wings, progress can be made on the sale process.

This comes just weeks after news that the Stop Notice on the Select Car Leasing Stadium from Haitong Bank, which was causing issues in the sale of the stadium, was resolved.

In theory, there is now nothing preventing the sale of the club to any interested buyer, but there is still a stark need for short-term funding this month.

Also, Mr Couhig's court case against Renhe Sports Management for loss of earnings and breaching exclusivity rumbles on, with Dai Yongge's company given until Monday, January 20 to file their defence.

Reading Football Club and Mr Couhig were approached to comment.