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14 players already signed
Nottingham Forest are set to complete the signing of Wolves midfielder Morgan Gibbs-White, with numerous reports in England stating that the English talent is set to make a move to the City Ground for an initial fee of €30 million as well as likely add-ons which could make the deal worth around €42m. The 22-year old currently has a two-year contract with Wolves and is valued at €11m.
Should Gibbs-White make the move to Forest for the reported amount, he’ll become the club’s record signing, coming in at twice the previous record set this summer by the signing of Union Berlin striker Taiwo Awoniyi for €20.5m. Indeed, Forest have spent nothing short of a fortune on new players, with all but two of their top 10 signings ever coming over the course of the past few months.
Forest at the top soon? The highest spending promoted clubs in history
To date, the newly-promoted club have spent nothing short of €113m on new signings, spending money on no less than 11 transfers as well as three free transfers – which includes the high-profile signing of Jesse Lingard. In total, the club’s spending on new players stands at €118.55m, which already makes them the third highest spending newly-promoted club in the history of the sport. And once they sign Gibbs-White, they should see them sit third behind the €160m Aston Villa spent in 2019 and the €160.7m Monaco spent in 2013.
Despite the remarkable fee that Forest seem happy to pay, Gibbs-White won’t break Wolves’ club record for the highest fee received for one of their players. Coming in at €41m up front, the midfielder falls just short of the €44.7m Liverpool paid for Diogo Jota in 2020, but is comfortably twice as much as what Leeds paid for Hélder Costa in 2020, who currently remains in second place.
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