Forest set to cash in on Morgan as Chelsea chase Bamford
NOTTINGHAM Forest have agreed to sell Wes Morgan to Leicester City in a deal worth £1m – and have received a £1.5m bid from Chelsea for teenage striker Patrick Bamford.
An enquiry from Birmingham City about a potential move for Lewis McGugan has been firmly rebuffed amid a frenzy of activity as the end of the transfer window approaches.
Defender Morgan is expected to undergo a medical at Leicester today after the two clubs finally agreed a fee for the 27-year-old.
Manager Steve Cotterill has immediately launched a search for loan signings to fill the void left by Morgan, who had rejected the offer of a new contract at the City Ground and could have left for nothing in the summer.
But the Reds are set to reject Chelsea's approach for Bamford, who is attracting the attention of a host of Premier League clubs.
Chelsea are understood to have offered £1m with a further £500k due if and when the 18-year-old made his first- team debut for the London club.
Spurs are also believed to have asked about the potential availability of the Newark youngster, while Liverpool are also monitoring the situation.
But Bamford is regarded as one of the brightest young talents to come through the ranks in some time and Forest are keen to hold on to him.
But it was his remarkable form for the Reds' youth team that has attracted the interest of the Premier League big guns, as Bamford netted five goals in a 9-1 mauling of Wigan and another four in a 5-1 win over Southampton.
Cotterill is keen for the player to continue his development at the City Ground and he has been offered improved terms to replace his current contract, which expires at the end of the season. Unlike Morgan, he would not be able to leave for nothing in the summer as he is under the age of 24.
And Forest do not need to sell, as the money from the sale of Morgan will allow Cotterill to bring in one or two players on loan and, potentially, to offer fresh terms to the likes of Luke Chambers, Joel Lynch, Paul Anderson and Garath McCleary.
Forest have also rejected an approach from Birmingham City for McGugan.
The Championship club wanted to take the midfielder on loan, to reunite him with former manager Colin Calderwood, who is assistant to Chris Hughton at St Andrews.