Arsenal's 19-year-old striker Chuba Akpom has joined Nottingham Forest on loan until the end of May.
The highly rated youngster has made three Premier League appearances for the Gunners this season and is currently away with England’s Under 20s.
FA Cup quarter-finalists Reading fell to a third successive home defeat in the Championship when they lost 3-0 against a resurgent Nottingham Forest.
After dominating much of the first half, Reading were sunk by three second-half goals as Forest stretched their unbeaten run to six matches.
Ben Osborn lashed in the opener from long distance and Matty Fryatt added a second from close range. Forest reserved their best for last when, 10 minutes from time, substitute Gary Gardner scored with a fierce 30-yard drive.
Owner and chairman Fawaz Al-Hasawi has confirmed Nottingham Forest will immediately pay any outstanding transfer fees.
The Kuwaiti took to Twitter after his opposite number at Peterborough, Darragh MaCanthony, complained Forest were overdue with a payment for striker Britt Assombalonga.
The failure to pay meant Forest were placed under a transfer embargo, meaning they are unable to sign new players.
"I can assure you any outstanding payments will be resolved imminently and our embargo situation will not change," the Kuwaiti owner said on Twitter.
"To clarify, once our outstanding payments have been resolved we will still be able to sign players on emergency loans under FFP rules."
Nottingham Forest have been placed under a full transfer embargo after falling to make a scheduled payment to Peterborough for striker Britt Assombalonga.
The East Midlands club bought the striker from the League One side for £5.5million in the summer, but have now failed to come up with the agreed finance.
New boss Dougie Freedman isn't too concerned by the situation and has backed the quality of his squad to see them through the season.
Ross McCormack smashed a first-half hat-trick as Fulham sank Nottingham Forest 3-2 at Craven Cottage.
The Scottish striker took his goal tally for the season to 10 with three long-range strikes to crank the pressure back up on Forest boss Stuart Pearce.
The visitors threatened a comeback when Henri Lansbury scored either side of half-time, and would have dragged themselves level but for a glaring miss by top scorer Britt Assombalonga.
But Fulham held out for a victory which was a far cry from when the teams met at the City Ground in mid-September, with Forest top of the table and Fulham rock bottom.
Following a late win at rivals Derby at the weekend, Nottingham Forest have hit the ground with a bump, conceding three first-half goals at Fulham.
A Ross McCormack hat-trick has seen Fulham race into a three-goal lead at Craven Cottage.
The Football League have announced that three Championship clubs have been placed under a transfer embargo.
Leeds United, Blackburn Rovers and Nottingham Forest have all suffered the same punishment.
All three clubs will be prevented from signing players in the January transfer window after failing to meet the League's Financial Fair Play rules.