Nottingham Forest have intensified their pursuit of Feyenoord right-back Givairo Read after submitting an improved offer worth a total package of €20 million, with negotiations between the two clubs now progressing.
The Premier League side have returned with a second bid after an earlier proposal was rejected, and discussions over a potential transfer are now underway.
Forest increase offer for Feyenoord defender
Transfer expert Fabrizio Romano reports that Nottingham Forest's latest proposal is valued at €20 million, although the exact structure of the offer has not been disclosed.
It remains unclear how much of the fee would be paid upfront and how much is dependent on performance-related bonuses.
Romano described the situation as "deal underway", indicating that talks between the clubs have accelerated following Forest's improved bid.
Read keen on Premier League switch
The 20-year-old is understood to be open to the move, with personal terms not expected to present any difficulties.
Read is reportedly eager to work under Nottingham Forest head coach Oliver Glasner and views a move to the Premier League as the next step in his development.
With the player willing to make the switch, Forest's primary challenge is now reaching an agreement with Feyenoord.
Feyenoord holding out for higher fee
Despite the renewed negotiations, Feyenoord are yet to accept Forest's latest offer.
The Eredivisie club are believed to value Read at around €25 million and have already rejected one proposal earlier in the transfer window.
However, several reports suggest the gap between the two clubs is narrowing, increasing optimism that a compromise could eventually be reached.
Transfer talks gather pace
Forest's willingness to improve their bid has moved negotiations forward after initial discussions stalled.
Should the Premier League club edge closer to Feyenoord's valuation, Read's desire to complete the move could help accelerate the final stages of the deal.
For now, negotiations remain ongoing, but the transfer appears significantly closer than it was following Forest's opening approach.
What's next?
Nottingham Forest and Feyenoord are expected to continue negotiations in the coming days as they attempt to bridge the remaining gap in valuation. With Givairo Read keen on the move and personal terms effectively agreed, the final outcome now depends on whether the clubs can settle on a transfer fee closer to Feyenoord's reported €25 million asking price.
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