That's a good example of exactly the sort of damage that an idiot like Storey can do to a business. Reading is not in good shape but anyone who was uninformed enough to believe Storey was in any sort of position to buy the club might just believe that he pulled out because Reading is on the brink of total collapse thereby discouraging the interest of possible buyers.
I recall that a few weeks ago Reading's owners denied that Storey had any deal at all to buy the Club. Indeed he had previously made a similar claim in the case of SAFC and Coventry City both of which also immediately denied that they had entered in to any agreement at all with him.
The guy isn't funny he's risking people's jobs.