One in, one out for Reading?

Reading may have agreed an initial fee of £1m (€1.4m) with Wolves for striker Seol Ki-Hyun, but midfielder Steve Sidwell has turned down the offer of a new contract.

The deal for Seol, who played for South Korea at the World Cup, will rise to £1.5m (€2.2m) depending on appearances and includes a sell-on clause for Wolves.

Sidwell has one year remaining on his current deal and has rejected Reading’s offer of improved terms.