Reading have been deducted six points by the English Football League for a second time in 18 months after breaching financial rules.
The club have agreed to the sanctions, which take place from immediate effect and plunge Paul Ince's side down to 20th in the table, one point above the relegation zone.
A statement from the independent Club Financial Reporting Unit read: "Reading Football Club will be deducted six points from the 2022/23 Championship table, after the Club admitted that it has failed to comply with the budget restrictions imposed, following a previous breach of the EFL's Profitability and Sustainability Rules (P&S).