Mansfield Town youngster Giles Coke has turned down a contract offer from the club.
The 19-year-old has reportedly become a target for Steve Coppell's Reading and Coke is likely to prefer a move to The Madejski Stadium.
The midfielder was offered a new two-year deal at Field Mill but has declined the offer, opting to look elsewhere.
Despite the reported interest of newly-promoted Reading, Stags boss Peter Shirtliff is still hopeful a deal can be reached.
"Giles refused a renewed contract that would have kept him here for two more years and rumour has it he has been speaking to Reading and Wolves," the manager said on the club's official website.
"We will continue with him and try and keep him at the club, but obviously he will be taking advice from his agent.
"Giles is a 19-year-old who has played 40-odd professional games and he is suddenly going to Reading, a club that has just won promotion to The Premiership.
"I am sure that if Reading have had their scouts look at him they would have been looking at many other players as well.
"The upside to this situation is it is a good reflection on Mansfield Town. If the big clubs are interested in him then we have been doing something right here."