Nottingham Forest suffer £35m transfer blow as latest decision revealed

Nottingham Forest have reportedly had a 'final' bid of up to £35million for Morgan Gibbs-White rebuffed by Wolves.

The midfielder has been subject of interest from several clubs this summer following his impressive loan spell with Sheffield United. Forest are said to have submitted their latest offer on Friday of £25m plus £10m in add-ons.

According to The Athletic, it is understood that the Reds' officials communicated that was their final offer while Wolves' response was that they would not sell the 22-year-old midfielder.

However, the report states that conversations could continue if the proposal was to be improved. Wolves have been told by Gibbs-White's representatives that they will not discuss a new contract, with him coming to the end of his current deal in 2024, David Ornstein reports.

Portuguese boss Bruno Lage, who sees the midfielder as a key figure ahead of the new Premier League season, has expressed his intentions to keep him at Molineux amid interest.

"Like I’ve been saying since the first day, when we talked about Morgan one year ago, I said I will not treat Morgan as a kid," Lage said in his press-conference.

"I said to him to stay in September [before loan to Sheffield United], I said to him to stay in January and today I can say he’s an important player for me. We reject because he is important. And the way he is working shows he’s happy.

"When we have this connection between the player and all his teammates, we want the player with us. He is fit and motivated to do his best game."

Having said that, it is possible that if the Old Gold side find a replacement, the "move could yet happen."