Jaap Stam will be hoping that any signings Reading make during this window will go on to make their way towards the top five in future.
As the January transfer window approaches the halfway mark, HITC Sport has taken a look at the five best signings that Reading have made since the start of the Premier League era in 1992...
5. Kevin Doyle
Kevin Doyle was perhaps not the most prolific striker Reading fans have seen, but he played an important role in their promotion to the Premier League in 2006 and impressed during the Royals' first season back at the highest level. The fact that Reading made a good profit on him - they signed him for £78,000 (via Guardian) before selling him to Wolves for around £6.5 million (via BBC Sport) - helps bump him onto this list and above some of the names that fans would have perhaps preferred to see.
4. Marcus Hahnemann
Marcus Hahnemann virtually never missed a league game for Reading during the seven full seasons he spent with the club, appearing in every fixture during their two-year stay in the top flight. His form rarely dipped in that time, and the fact he was signed on a free transfer makes his signing seem even more like a brilliant piece of business.
3. Graeme Murty
The defender was a stalwart of the Reading side for more than a decade following his arrival in 1998. He captained the club to promotion and during their two seasons at the highest level. By the time he left the Royals in 2009, he had made over 300 league appearances for the side.
2. Jimmy Quinn
Jimmy Quinn was part of a Reading side that came so close to reaching the highest level, but his contribution during that time was greater than most as he served as player and co-manager. He scored 40 times during their promotion-clinching season in 1993-94 and added another nine during a campaign where they were desperately unlucky not to make it into the Premier League. They finished second in the table, but the restructuring of the top flight meant that they had to go into the play-offs, where they were beaten by Bolton in the final. Still in the second tier, it was his goals that arguably kept them up the following season. In total, he scored 71 in 182 league games.
1. Phil Parkinson
Some Reading fans may suggest that Phil Parkinson is not only the Royals' best signing since 1992, but perhaps one of their greatest signings ever. The midfielder spent more than a decade at the club, captaining the team for much of that time. Before his departure in 2003, they had re-established themselves as promotion contenders in the second tier, which was a position that they would not give up until their title win in 2006.