The 27-year-old, who is out of contract in the summer, is believed to have requested permission to talk to the Foxes following two failed bids earlier in the month.

It is now thought that a bid of around £800,000 which could rise to £1m with clauses has been accepted.

He is expected to join them this week after having a medical and I for one wish him all the very best should he decide to go.

You'll never beat Wes Morgan.

With Financial Fair Play looking to come into force as early as next season, the purse strings have been tightened by owner Nigel Doughty and it seems that the current crop of young players will be fed into the first-team allowing higher earners to leave.

Clark said: "Hopefully we can push two or three young players through from the academy in the near future,

"But that is going to be the future of the club, really. We have to bring our own players through the ranks."

Other changes are also set to be introduced soon regarding youth academies and funding from the Football Association and Forest are looking to build a strong enough academy to compete with the larger clubs.

He added: "With the EPPP (Elite Player Performance Plan) – and there are more acronyms in football these days than ever before.

"When that comes in, we will have to look at where we are as well. We want to be going for a category two rating there, if we can, because that will put us in a strong position.

"Apart from very, very wealthy clubs, I don't think anyone will get grade one."

The future of football is changing and it looks as though the Reds will have to change as well.

The 32-year-old has been playing in China with Guangzhou but will be looking to impress manager Steve Cotterill enough to earn a deal until the end of the season at the City Ground.

Harewood scored 51 goals in 88 appearances for the Reds before joining West Ham for around £500,000 in 2003. He has also had spells at Aston Villa and Blackpool in recent years.

David McGoldrick scored twice to rescue a point. 

The 24-year-old, who helped QPR win promotion during a loan move last season, could make his debut alongside fellow new signing Matt Derbyshire against Doncaster on Tuesday night.

Forest manager Steve McClaren said: "He's the type of player we want, he's young and ambitious and fits the criteria perfectly."

The former England U21 international's fee could rise depending on how successful the Reds are.

The 25-year-old, who was voted as player of the season last term, has been the subject of transfer interest from Cardiff City recently.

The former Northampton man said: "I don't want to leave. I love being in Nottingham and I love playing for Nottingham Forest.

"I have been linked with other clubs but that is not for me to think about. Unless something concrete happens, I am not going to concern myself with it.

"I am not looking to move, I am happy playing week in, week out for Forest.

"If I do my business on the pitch, I am sure things will work out when it comes to the contract situation."

Chambers is looking forward to challenging himself at a higher level and hopefully this will be in the Garibaldi Red.

He said: "Last year was a real success for me personally. I had a difficult few years prior to that,

"But I think I showed people last season that I can play in the centre and, in my opinion, that I can be one of the best central defenders in the Championship.

"That is what I want to prove and I want to prove myself at the next level.

"In the meantime, I do not let stuff like this influence my game, as long as I am playing. Whatever happens off the field will not distract me."

Chambers will have the perfect chance to test himself against top opposition when the Reds take on PSV at the City Ground tonight. The kick-off for the game is 7.45pm despite tickets stating the kick-off time is 7.30pm.

He links up at Hillsborough with former Reds manager Gary Megson and has singed a two-year contract.

Bennett made 105 appearances and scored eight goals in the Garibaldi.

The 36-year-old, whose contract had expired, has agreed a one-year deal with Nigel Pearson's side and is relishing the chance at the KC Stadium.

He told Hull's official website: "I saw as an outsider what an impact the manager and his playing squad at Hull City had on the Championship last season and I want to be involved in the progress made here last season,

"I'm really excited about taking on a new challenge and to get that opportunity at a big club such as Hull is great for me."

Adebola was mainly used as a substitute at the City Ground or as a target man away from home. He managed eight goals in 71 appearances including a consolation goal in Forest's 3-4 playoff home defeat against Blackpool in 2009/2010. 

The 29-year-old Republic of Ireland International has agreed to come back to the City Ground when his contract with Sunderland officially expires in July having been on loan at the end of last season with Blackpool.

A source close to the player said: "Andy is looking forward to coming back to Nottingham and is looking forward to the new challenge."

Reid scored 21 times in 144 appearances before leaving the club when he signed for Tottenham Hotspur in a joint deal with Michael Dawson for £8m in January 2005.

The 22-year-old is out-of-contract after being released from the Hawthorns and he could become McClaren's first signing since replacing Billy Davies.

McClaren told the club's official website: "We've spoken with Giles - he's a player who this area knows very well,

"He's a young talent, he's still 22 but seems to have been around for years.

"He's had bad injuries and maybe needs a chance and who knows, we may give him that."

Barnes may not be the only new face on Trentside this summer. Forest have also been linked with Blackburn's Keith Andrews, Bristol City striker Nicky Maynard and former midfielder Andy Reid.

After taking charge early in 2009, Davies first game in official charge was at The Valley  on 10th January, as 1st half Tyson and Earnshaw goals defeated struggling Charlton 2-0. A good start, but this proved a rare away success. The stats show a rather a dreadful 13 away wins in 56 games and in all competitions just 14 wins in 63 games. Clearly an area which has to be improved. A poor february and march appeared to signal relegation for the Reds with just 2 wins in 13 games and 8 defeats. However a strong finish saw the Reds safely (just about) home and Billy's men ended with a respectable 8 league wins from 20 and 7 defeats.

With expectations low, 2009/10 proved to be the finest campaign in Forest's recent history, playing quite simply some magnificent football and after flirting with leaders Newcastle United as late as the beginning of February, The Reds small and in-experienced squad failed to hold it together at the business end of the season, finishing a highly creditable 3rd. In the process Forest produced a 19 game unbeaten record and remained unbeaten away right up until the end of January. Despite this away run, victories were still hard to come by, only 4 in all competitions over 25 games. Home form though was on a different level 20 wins over the entire season, spanning 30 City Ground games. Defeat in the play-offs didn't really spoil what was a season to remember, when least expected.

2010/11 saw Forest placed amongst the front-runners for promotion, and deep into the season, everything seemed set. Placed just behind the automatic places, with games in hand, Forest once again crumbled under pressure and in the end, as we all know, only just scraped into the top 6, thanks to a strong finish. Defeat again in the Play-offs, this time to swansea, proved to be Davies last act.

After successive top 6 finishes, it was clearly not for footballing reasons Billy's reign ended a year before his contract expired. His outbursts towards the owner and acquisitions panel whenever possible in the media probably had something to do with it! But lets not forget just how good a record Billy had at Forest. He can certainly look back on his time on Trentside as a success, without doubt. No other boss in recent times can feel the same claim. Lets also not forget Forest's amazing unbeaten league home run, spanning a remarkable 36 games over 1 and a half years.

Billy's Forest record: (league only): P112 W50 D33 L29 F158 A117 PTS 183 WIN%45

(all games) P126 W54 D36 L37 F176 A138 WIN%43

(away only-all games): P63 W14 D22 L27 WIN%22

(away-league only): P56 W13 D21 L22 WIN%23

It will be the first competitive game between the sides this century. In the last meeting, back in 1994 the Magpies famously won 2-1 at Meadow Lane. However in the 93 games between the clubs, Forest have the edge, winning 39 to Notts' 30 scoring 135, conceding 117.

Davies somewhat surprisingly paid the price for reaching 2 successive play-off semi-finals in his 2 and a half years on Trentside.

According to some newspaper reports former England coach McClaren, who played for A52 rivals Derby County, has no money to spend on his new Forest squad.

More to follow...

The 26-year-old left-side midfielder seemed set to join the Reds this summer but it now seems that he is looking at other options.

His musically-named agent Jazzman Mahlakgane has told the Times Live that his move to the City Ground isn't necessarily set in stone.

"The deal with Forest has been put on ice,

"We are talking to another club in England and also in Belgium and we are hoping to have something solid before the new season starts.

 "Tshabalala also wants to focus on his other business interests locally,"

The businesses in question are in the Fish and Chips industry where he has £175,000 invested. Perhaps he would be a fish out of water at the City Ground anyway but with the summer approaching - there's plenty more fish in the sea.

After a slow start to the campaign, the Major Oak has been in typical rock-solid form for the bulk of the season, and despite the Reds recent downturn along with an un-Forest like leaky defence, Morgan has still been in good form.

The Nottingham-born 27 year-old is Forest's longest serving player and made 45 starts in all this season, scoring 1 goal. Since making his debut in August 2003 he has clocked up 370 league and cup appearances (12 goals).

Team of the season in full: Kenny (QPR), Naughton (Leicester), Harte (Reading), Williams (Swansea), Morgan, Taarabt (QPR), Sinclair (Swansea), King (Leicester), Hoolahan, Holt (Norwich), Graham (Watford).   

Davies and Forest were the stand-out performers of the month. A tough February will now put the Reds promotion credentials to the test. Matches against top sides QPR, Cardiff and Millwall, together with tricky ties against Scunthorpe and Preston could shape the rest of Forest's campaign. However so far this month Forest have already notched up 2 wins from 2 against stern opposition in Coventry and Play-off hopefulls Watford. 

Forest's impressive start to 2011 saw the side record 5 wins in all and only taste defeat in an FA Cup tie at Premiership West Ham. Their league record was equally as impressive, 4 wins and 1 draw, scoring 7, conceding 3 and keeping 3 clean sheets. Only Barnsley managed to escape with a point.

Other nominees for the award are Sven Goran Eriksson of Leicester (3 wins, 1 draw), Millwall's Kenny Jackett (3 wins, 1 draw, 1 defeat) and Reading's Brian McDermott (2 wins, 1 draw, 1 defeat). The winner will be announced on Thursday 10th February. Davies has previously won the award 5 times, the last coming in December 2009.

Despite their exceptional form, no Reds players were nominated for the Player of the month award. Shane Long (Reading), Billy Sharp (Doncaster), Richie Wellens (Leicester) and Scott Sinclair (Swansea) are the Players in the running.

This was the 9th double Forest have taken the spoils, compared to the Rams 6, although 5 of those came before 1926!

Here is the complete record: (league doubles completed)

Forest 9: 2010/11 (5-2H, 1-0A), 1989/90 (2-0A, 2-1H), 1987/88 (2-1H, 1-0A), 1954/55 (2-1A, 3-0H), 1953/54 (2-1A, 4-2H), 1921/22, 1903/04, 1893/94, 1892/93.

Derby 6: 1971/72, 1925/26, 1911/12, 1904/05, 1897/98, 1895/96.

Notes: First league meeting was the 1892/93 season. The 1897/98 season Derby did the double over the Reds, however Forest had revenge by beating the Rams in the FA Cup final.

Prior to last weekends success, Forest's previous 3 away wins at Derby were; 1993/94, 1989/90 & 1988/89 (all 2-0). Whilst before Derby's 2009 3-1 league win, the Rams previous victories Trentside were in 1971/72, 1970/71 & 1969/70.

Forest league record at Pride Park P7 W1 D2 L4 F4 A10 (Also 1 FA Cup game 1-1 draw 08/09).

Total head-to-head record (league only) P78 Forest wins 33, Derby 26. Draws 19. (Cups: P9, Forest wins 3, Derby 4, Draws 2).

So there you have it. Next time a Rammy tries to tell you they'll take an easy 6 points off Forest, ask him what facts he bases his arguement on!

The 25-year-old is on a free transfer and had been on trial at Wolverhampton Wanderers before Forest made their move.

The 26-year-old forward has nine goals this season and Forest boss Billy Davies is believed to be keeping tabs on the Argentine who is running out of contract next summer.

Davies will be looking to add to his squad in January with the loss of Dexter Blackstock to injury and with Aaron Ramsey expected to return to Arsenal.