Reading director of football Nicky Hammond says the funds are available to complete the permanent transfer of on-loan striker Glenn Murray.
Murray, 31, joined Reading on transfer deadline day in September from Crystal Palace with a view to a permanent move.
Hammond says, despite new Financial Fair Play rules, the club have the finances in place to buy Murray.
"If we want to move forward with that deal in January, then money is there to do it," Hammond told BBC Berkshire.
Murray has scored five goals in 14 appearances for the Royals.
|Reading director of football Nicky Hammond|
|"The message I have been given, clearly and rightly, is that we are not going to break FFP. There are sanctions that come with that - transfer embargoes and a potential fine - and the new owners are not going to go down that road."|
Hammond did admit that FFP did mean they were unlikely to be very active in the January transfer window with the club still paying high salaries to players from their time in the Premier League.
"The numbers around FFP are very tight so we are going to have to look at that and be creative," he said.
"The message I have been given, clearly and rightly, is that we are not going to break FFP.
"There are sanctions that come with that - transfer embargoes and a potential fine - and the new owners are not going to go down that road."
However, he praised the support of the club's new Thai owners saying they were doing all they could to back manager Nigel Adkins in the transfer market.
"They sanctioned the signings of Simon Cox, Oliver Norwood, Jamie Mackie and Glenn Murray in the last transfer window," Hammond said.
"That approval was given by them without completing the sale process of the club, so you have to respect that support.
"There is some flex with regards to players in, but not a lot. We are trying to get the balance right and it has to be within the constraints of FFP."