The visitors missed a late penalty, as Lucas Joao's shot flew wide of Daniel Iversen's goal, and Lilywhites boss Alex Neil claimed that a defeat would have been an unfair result for his side had the effort gone in, insisting: "I don't think Reading would have deserved to win had they scored the penalty, I would have been extremely frustrated had that been a decisive goal."Next up, the Lilywhites travel to face struggling Sheffield Wednesday on Saturday afternoon, and will be looking to pick up three points against the managerless Owls.Preston have defeated Wednesday in their last three meetings, and will be hopeful of extending their run against a side currently in the relegation zoneMeanwhile, the January transfer window is starting to liven up, and it will be fascinating to see whether Preston can bolster their ranks with any further signings before the end of the month, having already brought in Jayson Molumby, Ched Evans and Daniel Iversen.Here's our round-up of the latest news and transfer talk from the second-tier, including Preston North End and a number of their divisional rivals:
1. Sky Blues close in on Reid
Coventry City are closing in on a move for Ross County youngster Josh Reid. The teenage sensation is said to join for a six-figure fee, before returning to the Staggies on loan for the rest of the 2020/21 campaign. (Coventry Telegraph) Photo: Mark Runnacles
2. Billing could leave Cherries in swap deal
Newcastle United have been linked with a move for Bournemouth's Philip Billing. A deal could be potentially be struck that would see the Danish ace arrive at St James' Park with winger Matt Ritchie joining the Cherries. (HITC) Photo: Warren Little
3. Hammers lead chase for King
West Ham have been named the bookies' favourites to sign Bournemouth ace Josh King, as rumours continue to link the Norway international with an exit this month. He's also on the radar of Everton and Burnley respectively. (Sky Bet) Photo: Naomi Baker
4. Top tier sides keen on Collins
Stoke City defender Nathan Collins has emerged as a target for Premier League sides Burnley and Arsenal. The 19-year-old, who has made 16 league starts for the Potters so far this season, could be sold for around £10m. (Metro) Photo: George Wood