Nottingham Forest have been heavily pursuing a deal for Morgan Gibbs-White with three bids rejected, however, a reliable source has given a promising new update that could finally see the player join the Reds.

What's the latest?

According to The Athletic's football correspondent David Ornstein, Nottingham Forest have finally reached an agreement for the Wolverhampton Wanderers midfielder.

Ornstein tweeted this afternoon: "Nottingham Forest have reached an agreement with Wolverhampton Wanderers to sign top target Morgan Gibbs-Whites. Deal worth £44.5m including addons & 22yo England youth midfielder is scheduled to undergo medical this afternoon."

Ornstein followed up with more details on the deal:

"Final numbers for Morgan Gibbs-White transfer from Wolverhampton Wanderers to Nottingham Forest: £25m payment up front & guaranteed £7-10m to follow in likely add-ons. The remainder is more difficult to achieve but can rise up to maximum of £42.5m."

Cooper should be thrilled

There is no doubt that Steve Cooper should be thrilled with the deal finally going through for Gibbs-White as the midfielder will be a fantastic addition to the team over their Premier League challenge.

It has been one of the biggest 'will they? won't they?' transfer stories of the window, with Nottingham Forest having several bids rejected for the young player, but now it seems that Forest have been able to tempt Wolves to part with their rising star.

The 22-year-old was a stand-out performer whilst on loan with Sheffield United over last season, scoring nine goals, delivering 11 assists and creating a whopping 16 big chances for the Blades, finishing up the season as his loan club's Player of the Year.

Indeed, the Forest boss is no stranger to Gibbs-White as he managed the player to a World Cup victory with England U17s and took him on a six-month loan whilst managing Swansea City, so will surely be able to use his experience with the player to slot him seamlessly into the team this season.

Forest have already signed a number of midfielders this summer with Lewis O'Brien, Orel Mangala, Jesse Lingard, Remo Freuler, Brandon Aguilera and Cheikhou Kouyate joining the side, so it will be interesting to see just how Cooper fits Gibbs-White into his team and if he starts every week.

With that being said, the signing of the young midfielder is a big addition for Forest in their pursuit to retain their Premier League status over the course of the season ahead, and with Gibbs-White becoming incoming transfer number 16, could there be more players coming into the City Ground over the next few weeks?

Either way, the manager will be delighted that he's been able to secure one of his number one targets.