According to Wales Online, Loader is also being tracked by Cardiff, Wolves, Juventus, Borussia Monchengladbach and Lyon.
The 18-year-old scored 10 goals in 11 appearences for Reading's under-23 side last season.
Loader has represented England at U16, U17 , U18 and U19 level, and was part of the latter's World Cup winning squad in 2017.
Reading may be forced into selling the player for just £3million because he's only just turned senior.
With so much interest from European top-flight clubs, Arsenal and Chelsea will face stiff competition for the Young Lion's signature.
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