Wycombe Wanderers have confirmed that a ‘statement is expected to be made shortly’ following the rumours they have purchased Reading’s Bearwood Park Training Ground.

Initially reported by the Athletic on March 13, it is believed the Royals have agreed to sell their state-of-the-art complex to the Chairboys less than five years after opening the facility.

It had cost the former Premier League side approximately £50m to get built, but it has been alleged that the training ground has been sold for roughly £20m to £25.

The news comes as a bitter blow for the Berkshire-based outfit with the training ground being the only viable asset due to their ongoing financial issues.

Both clubs have been approached for comment with a statement expected to be made shortly.

The imminent announcement is another dagger in the hearts of Reading fans in what has been a turbulent seven years for the club.

In 2017, they were one win away from a return to the Premier League, but seven years later, the Royals are flirting with relegation to League Two and have been hit with multiple winding-up petitions, late wages, missed tax payments and points deductions.

How has this happened?

It's down to the club's owner, Dai Yongge, who stripped the club of any financial stability since his tenure began in May 2017.

It also looks like their most valuable asset has been sold for a fraction of the price they paid for it, leading to more monetary uncertainty.