Paul Anderson
The Welsh outfit revealed yesterday they have had an undisclosed six-figure bid accepted by Liverpool.
It was at the Liberty Stadium that Anderson made his name, scoring ten times in the 2007/08 season while on loan to help them to the League One title.
But despite that success, he opted for a year-long loan move to Forest last summer rather than returning to Swansea.
He made 28 appearances for the Reds and manager Billy Davies has gone on record to say he wants to sign the 20-year-old.
But despite spending all last season at the City Ground, those within the Swansea camp believe the midfielder is keen to return to them after originally flourishing under Roberto Martinez.
And they have struck the first blow by agreeing a fee with Liverpool and manager Martinez hopes to meet with Anderson when he returns from holiday.
Anderson still has two years left on his Anfield deal and will hold talks with Liverpool once their season ends.
Swansea chairman Huw Jenkins confirmed the bid, adding: "The offer has been accepted by Liverpool but it is still subject to us agreeing personal terms and Roberto sitting down with the player for further talks.
"Whoever we sign, we want players who want to play for Roberto and Swansea City."
It is understood a handful of Championship clubs have enquired about Anderson, who is from near Melton Mowbray.
But like last summer, he is expected to mull over the offers before making a final decision.
Anderson still dreams of making his first-team debut for Liverpool. But with the Anfield club accepting the bid, his future may lie elsewhere.
"Liverpool are second in the league and you never know, hopefully I can go and perform and they will want to do something with me," he said.
"If not we will see what else is out there. I have to speak to Liverpool, see what they want and where we are here (at Forest. But this season has been the best season for me in learning and my education."