Â
Â
North Queensland has now changed their plans.
There is continuing speculation Brisbane may have a nibble at signing Reynolds.
The Broncos continue to struggle with their halves this season and have held internal discussions about Reynolds.
Â
Aged 30, Townsend is a Cronulla junior who helped steer the club to its historic and inaugural NRL premiership win in 2016.
Well-placed sources indicate Townsend's expected move north may be formally announced on Wednesday.
Townsend is also expected to have a meeting with in-coming Sharks coach Craig Fitzgibbon this week.
Townsend has told friends the offer from North Queensland would give him long-term financial security.