Reading boss Steve Coppell has revealed Nicky Shorey has declined the chance to extend his contract.
The Royals have been holding talks with Shorey in a bid to tie him down to a new long-term deal to ward off interest from rival clubs.
The likes of West Ham and Newcastle have been credited with an interest in Shorey following his impressive season in the Premier League last term.
Shorey, who still has two years to run on his current contract, has turned down the chance to extend his deal as he wants to keep his options open.
Coppell is not worried about the contract situation of Shorey and team-mate Leroy Lita, who has been in discussions over a new deal.
"Nicky Shorey is going to stick with his current situation and there are no new contracts imminent," said Coppell.
"Both have two years left so it is not of immediate concern to us. We are realistic about the situation."
AdditionsCoppell also revealed that he may make one final foray into the transfer market with Glenn Little struggling with the Achilles problem.
"I'm not anticipating making any more signings but we have been in the situation throughout the summer that if someone became available that we liked then we would do something about it," added Coppell.