The report claims that Everton have been rebuffed and suggests they might not return with another bid for the youngster.
Forest are keen to make a move, whilst Crystal Palace have also been credited with an interest in the versatile forward.
Bruno Lage is relaxed over Gibbs-White. At this moment, he’s of the belief that he can be a big player for Wolves next season.
Still, he does have a valuation and it’s thought that they want to recoup around £30 million for their academy graduate.
Gibbs-White was in fine form during 2021/22. He scored 12 goals and claimed 10 assists for Sheffield United, helping the Blades reach the play-offs.
Forest boss Steve Cooper is a huge admirer of the 22-year-old. He had him at Swansea on loan during 2020/21 and he made six appearances.
A broken foot robbed the Forest head coach of a proper chance to work with him, but he did call him a ‘fantastic player’ and boasted about his potential.
Gibbs-White has made a useful start to pre-season. He scored on Saturday as Wolves defeated Burnley 3-0 at the club’s training ground.
Everton have bid rejected for Gibbs-White and Forest need to act
If the Reds are serious about trying to land the Wolves man then they need to start making bids to Wolves.
Clearly, other clubs are testing the water and perhaps Forest would be wise to make their own move to sign Gibbs-White.
Forest might feel that paying closer to £30 million is out of their price range. As a result, other irons will be in the fire too.
Gibbs-White is a very talented player and he does look capable of being someone who can make an impact in the Premier League.
The value might be high for someone with two years to run on his deal. Domestic-based players do typically come with a premium cost, however.
With Everton now making bids, it’s time for Forest to reveal their hand.