Reading boss Ruben Selles has admitted that he has "switched off" from talk of new ownership after 'consuming a lot of his time.'

Owner Dai Yongge has put the club up for sale and ended fears of a winding-up petition after paying two tax bills which were overdue.

Director of Football Operations, Mark Bowen, has released a statement in which he said he was "very positive that this process is now nearing a much-needed conclusion."

READ MORE: Reading FC chief issues update on sale of the club

However, now sitting 10 points adrift at the bottom of League One and unable to spend money on transfer fees until 2025, supporters and staff alike are desperate for positive news regarding a fresh takeover.

"I switched off on that matter because it was consuming a lot of time for me, so I decided to switch off," Selles said after beating Arsenal Under-21s 5-2. "When it happens, it happens. If I have some requests from the club to speak with somebody then I will do it, but because there are so many things around, I decided to switch off on that matter and let the people in the club or the owner work on that. When they ask me, I will talk to somebody but I really need to get out of these things because I need to be able to focus even more on the football side."

It is understood that three parties are still in talks with Yongge, however, exclusivity is yet to be awarded to any single party.