Out of contract
Mikkel Andersen (Reading): Not listed as being released by the club. Instead they said, "the club have not offered a contract to him at this stage." Could Federici's departure see a return for the big Dane?
Ali Al-Habsi (Wigan): There was a time when the Oman international was a respected Premier League goalkeeper but since the Latics relegation from the top division his career has badly stalled. If he can regain his old form he could be a useful signing for someone.
Ben Amos (Man Utd): BBC Sport’s Simon Stone tweeted yesterday the expected news that Manchester United's third choice goalkeeper is to be released this summer. Amos made nine appearances this season on loan at Bolton. Would surely embrace the chance to be a number one at Championship level and has been linked with a permanent move to Wanderers.
United releasing both Tom Cleverley and Ben Amos this summer. Not much interest in Otamendi either at this point.— Simon Stone (@sistoney67) May 26, 2015
Adam Bogdan (Bolton): Has been offered a new contract but has been linked with Liverpool and Nottingham Forest. It would be hard to understand why he would make a sideways move to Reading.
Wes Foderingham (Swindon): The highly rated 24 year old all but confirmed that he is leaving the County Ground when he becomes a free agent at the end of this season. When BBC Wiltshire asked Foderingham if he had played his last game for Town after the Robins play-off final defeat, Foderingham responded, "99 percent sure, yes." Birmingham and Brighton have already been linked but a short move to the Madejski Stadium may appeal.
Brad Jones (Liverpool): There were reports at the beginning of this month that Jones was set to be offered a new deal by Brendan Rodgers but within days it emerged that he was still likely to leave Anfield. After spending five years as back up it's hard to know how good Jones is.
Andy Lonergan (Bolton): Released by Wanderers despite making 31 appearances this season. Has already been suggested by Reading fans as a joke signing.
@ArchieKeen19 "Reading FC are delighted to welcome experienced goalkeeper Andy Lonergan to the club on a 4 year deal".— James Flynn (@James_FIynn) May 25, 2015
Damián Emiliano Martínez (Arsenal): 22 year old Argentinian who finished the season on loan at Rotherham United. Has also had loan spells at Oxford United and Sheffield Wednesday. With the Gunners rumoured to be looking for a new number one the time might have come for Martínez to move on.
Darren Randolph (Birmingham): Blues confirmed last week that had turned down a new contract offer at St Andrew's and is now expected to join a Premier League side surely ruling out a move to Reading.
Paul Robinson (Blackburn): At 35, and after a year when he made just seven appearances for Rovers, Robinson is not the sort of signing that fans would welcome.
Radoslaw Cierzniak (Dundee United): Okay this is a complete random one. I had never heard of him before I found him on google. He has turned down a new contract at Tannadice with the Tayside club's manager Jackie McNamara saying "Rado wants to assess his options. His contract expires at the end of the season and I think he has ambitions to play in England."
Scott Fox (Partick Thistle): The 27 year old has turned down a new deal citing ambitions to play at a higher level. Fox was drafted into the Scotland squad for the friendlies against USA and Norway in November 2013 and is hoping a new challenge may get him noticed by Gordon Strachan.
Premier League loanees
Jamal Blackman (Chelsea): Such an obvious candidate I suggested it on twitter last week. Can look forward to a summer of his name being linked with Reading. Had a spell on loan at Middlesbrough this season though failed to make a single appearance.
@mostlybobbins Don't worry Chelsea have a young goalkeeper called Jamal Blackman who will probably join us on loan. You heard it here first!— Will Jones (@WilliamOwain) May 21, 2015
Mitchell Beeney (Chelsea): Has yet to make a single senior appearances but he's at Chelsea so has to be mentioned.
Ben Hamer (Leicester): The former Reading academy product had a strange season. Started it as back up but after an injury to Kasper Schmeichel he ended up making eight Premier League appearances. City must have had doubts over Hamer as they signed Mark Schwarzer in January. Now third choice, a loan spell could offer him game time.
Jed Steer (Aston Villa): Finally made his Villa Premier League debut on the last day of the season. Competing against Brad Guzan and Shay Given. Already made loan moves to Doncaster and Yeovil this season.
Sam Johnstone (Man United): Finished the season on loan at home town club Preston. A return to Deepdale would seem most likely if he goes back out on loan next year.
Jordan Pickford (Sunderland): Spent most of the season on loan at Bradford, where he was highly regarded, until being recalled by the Black Cats. Currently third choice at the Stadium of Light so another loan spell may be on the cards.
Paulo Gazzaniga (Southampton): Never entirely convinced at St Mary's perhaps shown by the Saints rumoured moves for a new goalkeeper. Personally I wouldn't be that pleased if he were to join.
Rob Elliot (Newcastle): Could the signing of Karl Darlow push the Republic of Ireland international out of Tyneside?
Karl Darlow (Newcastle): Or will the Magpies look to loan their new signing straight out?
Only players who were out of contract or might potentially be available on loan were considered. This is not a suggestion that the club do not have sufficient transfer funds available this summer. It was simply easier to consider players who would not command a transfer fee.
Did we miss any contenders? Let us know below who you would like to see replace Federici.