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Reading are reportedly on the verge of sacking manager Veljko Paunovic.

The Royals endured a chastening weekend, with Coventry City coming from behind to inflict an eighth successive defeat on Paunovic's side.

It cranked up the pressure even further on the Serbian, with the Mail claiming that the Berkshire club are ready to swing the axe.

Saturday was the club's allocated day of celebrations to mark their 150th anniversary but there was little to cheer, with protests before the game as unhappy fans made their feelings known.

Reading were hit with a six-point deduction earlier this season for a breach of financial fair play rules. That handicap, allied with their wretched recent form, leaves them just two points above third-bottom Peterborough - who they travel to for a huge Championship relegation clash on Wednesday.

Following the loss to the Sky Blues, a section of home fans invaded the pitch to once again highlight their displeasure at the club's situation both on and off the field.

Paunovic, whose side last tasted victory on November 27, refused to be drawn on speculation over his future when questioned post-match.

"There is no need to answer that. If something has to happen, it'll happen," he said.

"We need to stay away from negativity and whatever is happening around.

"It is my responsibility and I feel very sorry at some point I let certain things happen and provoked so much frustration and negativity around