The appointment of a Chief Executive is an extremely important one for any business. Football is certainly no different. So my brother and I know how crucial this next appointment is for Reading Football Club and therefore appreciate how important it is that we establish the right person who is the right fit for the role going forward.
It is vital that the process is thorough and given the due diligence it deserves to ensure we make the best possible decision.
Rest assured, we are working extremely hard to bring in the ideal candidate, but expect it to take time. In the interim period, Vice Chairman Nigel Howe and I will manage the day-to-day running of the club.
And we are confident we can lead and implicitly trust an experienced and long-serving senior management team and their staff to operate this club to the high standards our supporters have come to expect and certainly deserve. These people know the club inside out and, with your support, will steer the ship in the right direction.
Reading Football Club is a club of great honour, held in the highest esteem by so many - and its history is long and rich. As owners, we are extremely proud to be part of this family.
Last but not least, we would like to thank you. Supporting your team is not always easy. But your loyal backing is not taken for granted. It is very much valued by all at Reading Football Club.
Ms Xiu Li Dai