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Nottingham Forest’s €17.5m Offer for Givairo Read Rejected by Feyenoord

The refusal leaves a wide valuation gap that will test Forest’s willingness to raise their bid.

Overview

  • Forest lodged an opening €17.5 million offer for 20-year-old right-back Givairo Read on Thursday and Feyenoord formally rejected the bid, a move confirmed by Fabrizio Romano.
  • Feyenoord values Read substantially higher than Forest’s opening approach, with multiple reports putting a realistic asking range north of €30 million and some outlets suggesting a full package near €40 million.
  • Read is under contract until 2029, has about 54 senior appearances with five goals and 11 assists, and missed several weeks last season with hamstring problems, all factors that shape Feyenoord’s negotiating position.
  • Nottingham Forest are widely reported to be preparing an improved offer, but the transfer could become more expensive because Manchester City and other top clubs are monitoring Read and could push up the price.
  • For Forest, the move reflects tactical planning under Oliver Glasner and summer spending capacity from recent sales, while Feyenoord’s long contract with Read gives them leverage to hold out for a significantly higher fee.