Reading striker Danny Loader is in advanced talks to sign for Porto.

Porto are willing to offer Loader a three-year deal, worth close to £1million a season, says the Daily Mail.

Reading would not be due any compensation if Loader joins Porto because it would be an international transfer.

A number of English clubs, including Crystal Palace, are interested in Loader but are now in major risk of missing out.

Loader has made 35 appearances for Reading since making his senior debut in 2017.