Nottingham Forest are preparing a new bid for Peterborough United star Siriki Dembele, according to Football Insider.

The Posh star is set to leave London Road this month, with his contract set to expire during the summer.

Forest will, however, face competition for the 24-year-old’s services.

After being linked with Celtic and Rangers for some time, it’s now being reported that Sheffield United and Fulham will make bids.

Crewe Alexandra v Peterborough United - Sky Bet League One
Photo; Lewis Storey; Getty Images

It was claimed last week that Forest offered £250,000 for the forward – which was flatly refused by the League One outfit.

With just a week left of the deadline, Peterborough will find themselves under pressure to get the best deal for their prized asset.

Celtic and Rangers remain keen on the player, although it is thought they are now behind the English trio in the race.

Dembele checked in at Peterborough in 2018 from Grimsby Town and developed into a fine player.

During 2020/21 he has scored six goals and claimed seven assists during his 23 appearances for the club.

Forest are 20th in the Championship and boss Chris Hughton would desperately like to strengthen his squad before the deadline.

The Reds have so far extended Anthony Knockaert’s loan and signing Benfica playmaker Filip Krovinovic on loan.

What would Dembele bring to the City Ground?

The versatility that Dembele would bring makes him a very attractive signing.

He can play through the middle or on either flank and he’s extremely aggressive with his running.

Forest need some energy adding to their team and Dembele is a player who would bring that in abundance.

Oxford United v Peterborough United - FA Cup First Round
Photo; James Williamson; AMA; Getty Images

It’ll be a case of believing it when they see it as far as supporters are concerned, however.

Many fans have wanted Forest to dip into League One and Two for players more often over the years but it’s usually been a case of attacking the overseas market.

With Gary Brazil and Hughton playing a more significant role in recruitment, adding Dembele could represent a positive step in the right direction.

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