Full-Back Put Up For Sale - Will Keegan Move?
West Ham, Aston Villa and Newcastle are all believed to be interested.
Reading's chief executive Nigel Howe: "Nicky Shorey and a few others will be looked at as potential people to leave.
"Nicky has made it clear for a long time that he hasn't been too happy at the club.
"Well, let's hope that somebody comes in with a good offer."