Reading training ground: Wycombe Wanderers in talks to buy Bearwood Park
- Published
Reading have trained at Bearwood Park since 2019
Reading are in talks to sell their Bearwood Park training ground to League One rivals Wycombe Wanderers.
On Sunday Royals owner Dai Yongge said he was "open to the sale" of the facility, to secure funding while new owners are sought.
Reading are five points above the drop zone and had six points deducted this season over financial issues.
The English Football League has previously issued a series of penalties against Dai for financial misconduct.
They have also urged him to start funding the club or sell up as soon as possible.
BBC Sport understands Reading have a cash shortfall of about £1m for March.
"Both parties will move forward with the process exclusively," Reading chief executive Dayong Pang said., external
"The proposed transaction will directly support the short-term funding of the club until a full sale can be conducted."
Wycombe added in their own statement:, external "The parties are moving forward on an exclusive basis with the expectation of completion.
"In the interim, Wycombe hope that if a transaction completes it will provide Reading with necessary financial support to ensure that they are able to meet their ongoing financial obligations."
Protest to take place
In response to the announcement that the training ground may be sold, supporter group Sell Before We Dai has organised a peaceful protest.
It has called for supporters to gather outside Wycombe's Adams Park stadium and protest against what they call football's ownership problem.
"Dai Yongge and CEO Dayong Pang are intent on one thing, killing Reading FC," the group says.
"The club is now firmly on life support, selling one of the club's key assets makes the club even less attractive to a new owner."
The protest group has also invited Wycombe supporters to stand with them and protest outside Adams Park on Friday.
Reading host Cambridge United on Saturday in League One.