Nottingham Forest transfer briefing: Inside the £150m spending plan with SIX signings targeted - the strikers on shortlist including Juventus star with £40m set aside for target man, plus three young centre backs and two Scottish midfielders on radar

In a bold move to strengthen their ambitions for European competition, Nottingham Forest is seeking a British-record transfer fee for their star player, Elliot Anderson. The club aims to reinvest these funds to construct a team capable of competing at higher levels, far beyond merely battling relegation as they did last season.

Evangelos Marinakis, the owner of Nottingham Forest, is determined to see the club flourish. He is ready to inject an additional £150 million or more into the squad, ensuring that they can avoid past struggles once Anderson makes his anticipated departure.

Last week, Manchester City took the first step in pursuing the England midfielder. Forest has set their sights high, using the £115 million record fee paid by Chelsea for Moises Caicedo as a benchmark for negotiations.

With plans to sell Anderson, Nottingham Forest is looking to revamp their lineup by securing a young, defensively-minded midfielder. Additionally, they aim to acquire a dynamic box-to-box midfielder, a solid center back, and a prolific striker to enhance their squad’s depth and versatility.

The team is considering allocating up to £40 million for a new target man, a critical position vacated by the injury-prone Chris Wood. Last season’s attacking lineup, including Taiwo Awoniyi, Igor Jesus, and Lorenzo Lucca, struggled to deliver, netting only 14 goals combined, a stark contrast to Wood’s 20 goals the previous season, which had propelled Forest to a seventh-place finish.

Elliot Anderson appears destined for Manchester City – giving Nottingham Forest a huge war chest to revamp their squad and ensure they are not threatened with relegation again

Josh Mulligan (left) was a key man for Hibernian last season as they finished fifth in the Scottish Premiership

Forest are also looking at Rangers’ 19-year-old defensive midfielder Bailey Rice (right), who has already won two Under 21s caps for his country

Among potential recruits, Crystal Palace’s Jean-Philippe Mateta has been on the radar. However, the French striker seems more inclined towards a move to Italy, with Juventus expressing renewed interest. This situation might create an opportunity for Forest to pursue Lois Openda, the Belgian striker currently at Juventus.

Forest are also in discussions with Eintracht Frankfurt over terms on Arnaud Kalimuendo’s sale. Frankfurt have an option to buy the former Paris Saint-Germain and Rennes forward following his loan, but the Bundesliga club have been looking to pay a lower fee.

It is possible that the French 24-year-old returns to the City Ground but failing that, they would like another skilful, playmaker-type forward to play off the target man. Bologna’s Santiago Castro is one who has been suggested to them but other options are being considered.

With Everton looking to be in pole position for Middlesbrough’s Hayden Hackney, Forest have once again considered Celtic’s Arne Engels, who they bid £26m for in January.

Amadou Kone, who plays for Saudi Pro League side Neom, has been discussed as have Hibernian standout Josh Mulligan and Rangers youngster Bailey Rice. A move for Inter Milan’s Davide Frattesi could be revived but his preference last time was to stay in Italy.

England Under 21s international James McAtee is expected to stay after a middling first season since joining from Manchester City.

And so too is Morgan Gibbs-White. The 26-year-old was put on a new deal after Tottenham triggered his release clause last year and has had another strong and influential season, despite the view of England coach Thomas Tuchel, scoring 15 Premier League goals.

Spurs, Chelsea, Aston Villa and Manchester United are all among Gibbs-White’s admirers but they already have players in his favoured position. More could develop as the window progresses, particularly if Arsenal and Chelsea activate interest in Villa’s Morgan Rogers. However, Forest want him to give it at least one more year.

Belgium’s Lois Openda could become available for Forest if his club, Juventus, can wrap up a deal for Crystal Palace’s Jean-Philippe Mateta

Forest have once again considered Celtic’s Arne Engels, who they bid £26m for in January

They would like another skilful, playmaker-type forward to play off the target man. Bologna’s Santiago Castro (left) is one who has been suggested to them but others are being considered

In defence, offers are expected for Murillo. Forest’s Brazilian was previously courted by Real Madrid, but has had a hamstring injury which has slowed interest. Forest are actively looking for a left-sided centre back who could replace the 23-year-old, who did not make it into the Brazil World Cup squad.

They have opened talks with Roma over Poland international defender Jan Ziolkowski, and Bologna’s Jhon Lucumi and Arthur Theate at Frankfurt have both drawn enquiries. A key characteristic that Forest are looking for is experience and a player who could come in and start straight away for them.

They also want goalkeeper cover, ideally a homegrown one under the age of 21, who could push the more experienced ones, and cover at right back. An attack-minded profile is desired who can impact off the bench for 15 minutes per game.

After a season of four managers, epic nights in Europe, boardroom tensions and a battle for survival, Forest could do without another roller-coaster campaign.

It may make for good television, but Marinakis would like to see more stability for his investment.

He still exerts influence even though he placed his shares into a blind trust for the second successive year in March, as Forest moved to avoid any conflict over multi-club ownership.

Forest were complying with UEFA regulations after Marinakis, who also owns Olympiacos in his homeland, suspended his interest in the club before the March 1 deadline.

Roma’s Poland international defender Jan Ziolkowski is one who has drawn enquiries

Jhon Lucumi (right) is another who could fill Forest’s need for a left-sided centre back

Frankfurt's Arthur Theate (right) is also on Forest's list this summer as a centre back option

Frankfurt’s Arthur Theate (right) is also on Forest’s list this summer as a centre back option

Marinakis bought Forest in May 2017 and remains committed but a blind trust is an arrangement where a trustor gives a third party control over their assets to avoid a conflict of interests.

This is particularly necessary to avoid a penalty from UEFA if Forest and Olympiacos were to qualify for the same European competition, which is not allowed if two teams are owned by the same person or group. 

Global technical director George Syrianos will lead Forest’s recruitment strategy this summer alongside head of recruitment Pedro Ferreira and Marinakis, as they look to keep a core group together and kick on under the savvy Pereira.

Playing soothsayer, Pereira, with safety barely secured last month, warned: ‘The teams who commit mistakes in pre-season, usually, they pay the bill.’

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