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Royals supremo John Madejski now seems unlikely to appoint caretaker boss Kevin Dillon as the Geordie has lost a disappointing two games out of three. Furthermore, Reading have played some of their worst football for a long time in the past three matches.
Madejski, who has received wide-ranging acclaim for the way he handled the Pardew to West Ham scenario admitted he was very disappointed with today's defeat at home to lowly Coventry - further suggesting that Kevin Dillon, a fans favourite, will not be the new manager.
Mr Madejski told Teamtalk: "I was very disappointed. "The affairs of last week may have had an affect. We are a club in a state of change. But we are a large club and we can take occasional losses."
Lawrie Sanchez, Bryan Robson, Steve Coppell, Steve Cotterill, Reading MAD Editor Rob Cooper and Phil Parkinson have all been linked with the vacant managerial post and it seems that an announcement could be made within the next seven days.
The Royals chairman added: "We are well into our plans for the future but not quite ready to announce them."
Meanwhile, Stoke City manager Tony Pulis, who masterminded the Potters relegation escape last season, has denied that he is interested in becoming the new Royals boss.
Reports from Staffordshire linked the manager with a shock move to Reading. The Stoke boss, who owns a house in Bournemouth, refused to deny that he had been contacted by the Royals but said that his future is at the Britannia Stadium.
Speaking to thisisstaffordshire.co.uk the Potters manager explained: "I'm not going anywhere. I am very happy here at Stoke and any thought of leaving couldn't be further from my mind right now.
"We've got a long and difficult job here, but it's one we can complete in time. I'm just getting my teeth into it and I'm not the sort to walk away."
Bryan Robson, the former England captain, was reportedly sighted at the Madejski Stadium this afternoon. It is widely known that Robson is looking for a management post, so it is possible that John Madejski is investigating the possibility.
Arsenal vice-chairman David Dein was at today's game against Coventry, however Reading MAD don't suspect it is because Arsene Wenger is contemplating jumping switch. We believe he was merely a guest of John Madejski.
Stick with Reading MAD for the very latest on who our new manager may be.