He has barely played since his return to Reading, making only seven Championship appearances this season, including six as a replacement.
The 19-year-old has also been linked to Manchester United and should now be available in July.
Loader has been offered a new long-term contract by Reading, but has so far rejected all of their advances. He is available for their next two games with Derby County and Brentford but becomes a free agent on July 1.
A book club statement said, “The offer of a longer-term contract remains on the table for Danny if he wishes to continue representing the Royals for the six remaining games this season and continue to progress in his career. career in RG2 beyond the conclusion of the 2019-2020 Campaign. ”
Reading will be entitled to compensation for Loader if he remains in England this summer. In addition to the Wolves, Man United and a number of other Premier League and league clubs would also be interested.