Nottingham Forest could have to pay £10 million if they want to sign Djed Spence in a permanent deal, according to Football League World.

This news would stun the Reds, who had been hoping to agree on something with Middlesbrough for the end of his season-long loan deal.

Spence has been a revelation at the City Ground. He has made 19 appearances for the Reds and shone as Forest dumped Arsenal out of the FA Cup on Sunday evening.

Forest Spence
(Photo; Jon Hobley; MI News; NurPhoto; Getty Images)

It has been a nervy few weeks for the Forest fan base regarding Spence. It had seemed likely that Chris Wilder would recall the 21-year-old once the January transfer window opened.

RONALDO NEEDS TO STOP WHINING.

Spence has scored once and claimed one assist for the Reds. He has rediscovered his confidence at the City Ground and supporters have fallen head over heels.

The youngster has 70 appearances for Middlesbrough to his name. He fell out of favour under Neil Warnock and was allowed to join Forest on loan back in August.

Since arriving on Trentside, he’s grown as a player. It was Spence who put up a fight to stay at Forest beyond January; with Boro agreeing to his demands.

Now, Premier League clubs are sniffing around the player. A strong second half of the campaign could earn him a shot at top-flight football next season.

Uncertain: Spence reports should be taken with a pinch of salt by Forest fans

Nothing against Football League World, but it’s not the strongest source when it comes to reporting something like this. Spence’s value will have rocketed but £10 million might not be the exact price they’ll do business at.

On current form, it does seem a reasonable valuation. The nature of the source, however, will leave some people sceptical.

Forest Spence
(Photo; Simon Stacpoole; Offside; Offside; Getty Images)
  • KEY: Pundit delivers verdict on Forest decision

As a result, Forest fans don’t need to panic just yet. If he finishes the season strongly and helps Forest into the top-six, or beyond, they could have an option to sign him still.

Spence might have laid his last game for Boro. Wilder will have his own plans and given his form this season, the Premier League does look to beckon for Spence.

With that in mind, the club might have to enjoy him strutting his stuff in the Garibaldi whilst it lasts.

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