Reading protest group Sell Before We Dai have admitted that they are 'planning for action' amid concerns of a 'breakdown' in takeover talks.

American lawyer Rob Couhig and his consortium had expected to owned the football club long before now, financially keeping the club afloat and being approved by the EFL last month.

However, news broke in the Athletic that talks had 'broken down' and that the deal was at risk of 'collapse.'

This would leave the club battling in League One with a small squad, no doubt wracked with fear for the future, and another period of financial uncertainty similar to last year in which wages and tax payments were late.

No fan action has been taken since March, with Sell Before We Dai most active over last winter with tennis ball protests, organised marches and an infamous pitch invasion and abandonment.

Wishing not to jump in prematurely, the group are assessing their options.

"Obviously we have seen the report in The Athletic," a statement said. "It is significant in that it is the first report that has referred to a breakdown in talks and includes some detail on loan amounts, but there’s also no real “new news” and no comment from Couhig or club.

"𝗜𝘁 𝗱𝗼𝗲𝘀 𝗻𝗼𝘁 𝘀𝗮𝘆 𝘁𝗵𝗲 𝗱𝗲𝗮𝗹 𝗵𝗮𝘀 𝗰𝗼𝗹𝗹𝗮𝗽𝘀𝗲𝗱.

"However, we have now started planning for action. The first step of which is to get as clear a picture as possible of what is going on. We have reached out to Mr Couhig, the EFL and independent financial experts who can help us fully understand the current agreements in place."