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Nottingham Forest Rejects Manchester City’s £120–121m Elliot Anderson Offer

The fee standoff, led personally by owner Evangelos Marinakis, risks delaying any sale until after England’s World Cup or into July and could push City toward higher bids or alternative targets.

Overview

  • Sources report Nottingham Forest turned down Manchester City’s latest proposal worth about £120–£121 million after receiving at least two offers.
  • City’s second package was structured as roughly £106 million up front plus about £15 million in add‑ons while Forest are holding out for a total near £130 million with a larger upfront payment.
  • Forest owner Evangelos Marinakis is said to be running negotiations directly and keeping senior club figures, including manager Vitor Pereira, out of detailed talks.
  • Elliot Anderson prefers a move to Manchester City and has permission from England’s camp to undergo a medical, but the World Cup schedule and Forest’s accounting preference for July make immediate completion unlikely.
  • With Manchester United reported to have withdrawn, City remain engaged but are weighing sweeter bids or alternative midfield targets such as Sandro Tonali if Forest maintain their valuation, and a sale at Forest’s price would challenge British transfer records given Anderson’s rapid rise since his 2024 move for about £35 million.