Bolton have reportedly accepted a bid from QPR for Tim Ream

United States defender Tim Ream has suddenly become hot property in the English Championship. Queens Park Rangers and Fulham both submitted bids to Bolton Wanderers to buy the 27-year-old. It appears that QPR have won the race to sign the American.

The London club have reportedly had their bid for Ream accepted by Bolton on Wednesday. While the report from HITC doesn't state how much the bid was for, a previous bid for £1 million had been rejected. It's safe to assume the agreed fee is north of that figure but probably not by too much.

Bolton were very keen to keep a hold of Ream, but their financial situation has led them to reluctantly accept QPR's bid. Wanderers manager Neil Lennon spoke about his admiration for Ream earlier in the transfer window.

"I don't want to sell him and the club doesn't want to sell him. Whatever people think about the financial situation I don't want to sell one of my best players. It's important we look to build a squad and Tim is part of that."

With a fee between the clubs agreed all that remains for the transfer to be completed is for Ream to agree to personal terms with QPR and pass a physical. Those negotiations are expected to take place on Thursday.

If the deal is sealed, the former New York Red Bulls product will be joining a club that was relegated from the Premier League last season, but has plenty of funds and ambition to make it back to the top flight soon.