Reading's latest winding-up petition lodged by HMRC has been withdrawn, according to the online court system.

HMRC lodged their second winding-up petition of the season against Reading in October after owner Dai Yongge failed to pay September and October's contributions on time.

Having had four ordered since Yongge took over in 2017, June also saw the club hit with the threat of a visit to High Court.

However, the club have since confirmed that Yongge paid both overdue bills, meaning the club no longer have the immediate threat of court or administration.

According to the HM Courts and Tribunal Service, HMRC withdrew their winding-up petition on Friday, November 10.

Yongge has put the club up for sale, with multiple parties still in talks.

The Chinese businessman has EFL charges hanging over him for paying wages late on multiple occasions.