London Irish have called a press conference for Thursday where they are expected to confirm that the club has secured a takeover.
The Aviva Premiership outfit are said to have been bought buy a group of Irish businessman, with Mick Crossan leading the consortium.
According to BBC Sport, director of rugby Brian Smith will be joined by one of three businessmen at a news conference at Sunbury tomorrow.
The new owners are expected to make a decision regarding the stadium, with some suggesting that the club could leave the Madejski in Reading.
