Reading fan group Sell Before We Dai have released a statement vowing to continue fighting with the club 'on life support.'
News broke on Wednesday evening that Wycombe Wanderers are set to purchase Bearwood, the club's training ground, for half of the £50m it cost to open in 2019.
Still unconfirmed, both clubs are set to issue statements later today.
Reacting to the news, Sell Before We Dai said: "The news that Reading FC owner Dai Yongge, his sister and fellow owner Dai Xiu Li, and CEO Dayong Pang, are selling our training ground shows that they never intended to sell the club. They’re intent on only one thing – killing Reading FC – a club with a proud 152-year history. This club is now firmly on life support.
"But if Yongge, Xiu Li and Pang are killing the club, then Wycombe Wanderers owner Rob Couhig is an accomplice. He might not have pulled the trigger, but he’s helping the owners to hide the body.
"Selling one of Reading’s key assets makes the club even less attractive to a new owner – and almost certainly scares off potential investors who were already having to contend with Yongge’s unpredictability, all while leaving more chaos for fans, players and staff to endure.
"But questions must be asked.
"To Yongge, Xiu Li and Pang – with a £1 million shortfall staring the club in the face, are they planning on using the funds to keep the club alive, or to run off with them to an off-shore tax haven, leaving Reading FC in an even more perilous situation?
"To Rick Parry and the EFL – who said ‘never again’ after Bury’s demise, but are walking by on the other side while our club is dying in front of them.
"It’s time for action. We’re calling on all Reading fans to gather tomorrow night (Friday) at 6pm outside Adams Park for a peaceful protest – and we’d invite all Wycombe fans who don’t want their club to become known as the new MK Dons to stand with us – because football has an ownership problem.
"We know Reading fans are confused and worried. So are we. But one thing is clear: we will not give up in the fight for the future of our club."
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