Reading boss Brian McDermott will have £15 million to spend this summer.
The Sun says McDermott has been linked with a host of other players - such as Lillestrom and Iceland striker Bjorn Bergmann Sigurdarson - and can now pursue them with gusto thanks to new owner Anton Zingarevich's cash injection.
Thames Sports Investment, owned by the Russian, have acquired 51 per cent of the Royals.