ADDISON: "SMITH'S STAYING PUT"
By Stuart James
Last Updated: 01/01/70 1:00am
Smith was told he was one of seven players being let go by the cash-strapped Swans following the appointment of chairman Ben Petty, but the former Tiverton Town ace has since been given a reprieve and taken off the transfer list.
"The fact of the matter is that it is just rubbish, rumour, and there is no truth in it whatsoever," Addison told the club's official website.
"I find it very disappointing, as these type of stories can prove to be very unsettling for all concerned."
Reports from South Wales suggested Smith was on his way to the Madejski Stadium in a £250,000 deal and Royals striker Nathan Tyson, who is on loan with The Swans, would make a permanent switch.
However, Addison says he has not spoken to Royals counterpart Alan Pardew since extending Tyson's loan spell.
"I have not spoken to Alan Pardew in the two weeks since we extended Nathan's loan spell, so quite where these stories are coming from I couldn't tell you."