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Reading fined £30k over breaking integrity rules

Reading have been fined Credit: PA

Reading have been hit with a suspended £30,000 fine after breaching Football League 'integrity' regulations.

The Royals admitted breaking rules which prohibit any individual or legal entity having an interest in more than one club.

In a statement on Monday afternoon the Football League revealed that Reading, who were struggling financially after being relegated from the Premier League in 2013, had borrowed more than £16million from a company which also held an interest in three other clubs.