Nottingham Forest have agreed a club-record £50m deal to sign Liam Delap from Chelsea.
The transfer is understood to be worth at least £45m, which could reach £50m with add-ons.
The striker is scheduled to have a medical on Wednesday.
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Delap had interest from a number of other Premier League clubs, including Everton, but Forest have secured his signing.
Chelsea signed Delap last summer for £30m from Ipswich and valued him at around £50m this summer.
They could be set for a £20m profit on a striker who scored two goals in 41 appearances last season.
Forest's previous record transfer saw Omari Hutchison join for £37.5m from Ipswich Town in August 2025.
Sherwood backs Forest's Delap move
Tim Sherwood speaking on Soccer Special:
"We know Liam's got the ability; he's shown that in the past. He needs to play on a regular basis now. He needs to stay fit.
"It never worked out at Chelsea. I never think he ever got a run in the team to give that striker the confidence; you need the manager to love you and play you every week, even if you're not playing well. I think he'll get that with Glasner - you've seen that with (Jean-Philippe Mateta) at Palace.
"He [Forest boss Oliver Glasner] likes to play with a big striker; he likes support. If he [Delap] can keep up with play, I think he'll score goals for Nottingham Forest, and I believe he will keep up with play.
"I think he's aggressive; he's got a lot of attributes to be a top, top striker, but Chelsea just did not work for him, and that's what happens.
"Forget about the price tag because the price tags all over the Premier League now are just ridiculous."
What other business could Forest do?
Forest are bringing in Delap to improve their striking options following Taiwo Awoniyi's £9m move to Coventry.
Oliver Glasner's side have been pursuing Tottenham midfielder Lucas Bergvall as an Elliot Anderson replacement, but Tottenham boss Roberto De Zerbi insists he is staying in north London.
Forest could also add a right wing-back, with Dodo at Fiorentina a player of interest.
Dilane Bakwa is set to join Lille on loan, while centre-backs Zach Abbott and Tyler Bindon could also depart on temporary moves amid interest from Watford.
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