Peterborough United chairman Darragh MacAnthony has confirmed that his club are 'monitoring the situation' as Reading look to be on the cusp of a six-point deduction.

Awarded a 12-point deduction in November 2021, six of these were suspended until this year providing the club follow a business plan set out by the EFL.

Rumours broke last week that the club have not met the regulations set out in the plan, and Reading are braced for a deduction in the coming weeks.

However, the waters muddy slightly as the Posh were relegated last season, but would have survived had the Royals been deducted 12 points immediately.

Rumours had circulated that the League Out side were considering taking legal action, however MacAnthony has ruled out any immediate news.

"I’m not saying we are suing Reading or we’re not suing them, but we are monitoring the situation and have been for some time," he said on his podcast- the Hard Truth.

“I can’t really say a lot about it and I don’t want to kick up a stink.

"I have seen comments attributed to me by journalists, but I haven’t spoken to any media about it and I won’t be as that would be unprofessional.

“We’ve been aware of what’s been happening with Reading and what they have been guilty of, but we are just seeing how it plays out.”