Nottingham Forest have smashed their transfer record to sign Morgan Gibbs-White from Wolves in a deal that could reach £42.5m, taking their summer spending to about £140m. Gibbs-White is Forest’s 16th close-season signing as they continue to revamp their squad after promotion to the Premier League.
Wolves rejected two previous bids from Forest for Gibbs-White but considered their third offer too good to turn down given the player is understood to have been reluctant to extend his contract beyond 2024. Forest will pay an initial £25m for Gibbs-White, plus about £10m in add-ons dependent on league appearances and if Forest avoid relegation. On top of that £35m package, Forest would have to pay further add-ons if they were to record a top-half finish or qualify for Europe. Wolves have also inserted a 15% sell-on clause in the deal.
