Reading owner Dai Yongge has confirmed in a statement that he is 'open to the sale' of the club's Bearwood training complex in a bid to raise short-term cash for the club.

The Royals face a 'shortfall' this month to pay regular outgoings such as HMRC and wages, which would trigger a new points deduction for the relegation-threatened side.

Confirming that interested parties are looking at the club, the Chinese billionaire has revealed that exclusivity is not on the table and therefore the club are in a race against time to find the money to pay outgoings.

In a bid to relief this issue, a club statement read: "Mr Dai, is currently evaluating every option at present to secure sufficient funding until new ownership is confirmed. In doing so, he is open to the sale of Bearwood Park, should an appropriate offer be received.

"Whilst dialogue with potential new ownership groups are progressing, as of today no single party has been granted exclusivity. Mr Dai, and representatives, will continue to liaise with interested parties and hope to move forwards at the earliest possible opportunity."

A state-of-the-art facility which cost over £50m to build, was opened in 2019 and houses the first-team, women's team and academy sides.

Built on heritage land and making use of listed buildings, the Reading Chronicle understands that the site would be difficult, and perhaps even unappealing. for property developers.