The 26-year-old, who was recently released by French club Valenciennes, is said to have been a target of Reading boss Brian McDermott for a number of months.
Despite interest from Italian clubs Udinese and Genoa, McDermott is confident that he will capture his target, according to Sky Sports News.
Sanchez has represented his country on 26 occasions.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Wycombe WanderersWycombe | 14 | 10 | 2 | 2 | 32 | 16 | 16 | 32 |
| 2 | Birmingham CityBirmingham | 13 | 9 | 3 | 1 | 24 | 12 | 12 | 30 |
| 3 | Wrexham | 14 | 8 | 4 | 2 | 22 | 10 | 12 | 28 |
| 4 | Barnsley | 14 | 7 | 4 | 3 | 23 | 18 | 5 | 25 |
| 5 | Lincoln CityLincoln | 14 | 7 | 4 | 3 | 21 | 17 | 4 | 25 |
| 6 | Stockport CountyStockport | 15 | 6 | 6 | 3 | 25 | 17 | 8 | 24 |
| 7 | Mansfield TownMansfield | 13 | 7 | 3 | 3 | 20 | 15 | 5 | 24 |
| 8 | Huddersfield TownHuddersfield | 14 | 7 | 2 | 5 | 21 | 14 | 7 | 23 |
| 9 | Reading | 14 | 7 | 2 | 5 | 22 | 21 | 1 | 23 |
| 10 | Bolton WanderersBolton | 14 | 7 | 2 | 5 | 22 | 24 | -2 | 23 |
| 11 | Exeter CityExeter | 13 | 7 | 1 | 5 | 14 | 10 | 4 | 22 |
| 12 | Peterborough UnitedPeterborough | 15 | 6 | 3 | 6 | 31 | 27 | 4 | 21 |
| 13 | Charlton AthleticCharlton | 14 | 5 | 4 | 5 | 15 | 15 | 0 | 19 |
| 14 | Stevenage | 15 | 5 | 3 | 7 | 11 | 16 | -5 | 18 |
| 15 | Rotherham UnitedRotherham | 15 | 4 | 5 | 6 | 14 | 18 | -4 | 17 |
| 16 | Bristol Rovers | 14 | 5 | 2 | 7 | 16 | 21 | -5 | 17 |
| 17 | Northampton TownNorthampton | 14 | 4 | 4 | 6 | 18 | 21 | -3 | 16 |
| 18 | Blackpool | 14 | 4 | 4 | 6 | 21 | 28 | -7 | 16 |
| 19 | Wigan AthleticWigan | 14 | 3 | 5 | 6 | 12 | 12 | 0 | 14 |
| 20 | Leyton Orient | 14 | 4 | 2 | 8 | 14 | 18 | -4 | 14 |
| 21 | Crawley TownCrawley | 15 | 3 | 3 | 9 | 14 | 27 | -13 | 12 |
| 22 | Cambridge UnitedCambridge | 13 | 3 | 1 | 9 | 12 | 23 | -11 | 10 |
| 23 | Burton Albion | 14 | 1 | 5 | 8 | 15 | 25 | -10 | 8 |
| 24 | Shrewsbury TownShrewsbury | 15 | 2 | 2 | 11 | 13 | 27 | -14 | 8 |
| > League One Full Table | |||||||||
