Nottingham Forest have rejected an opening offer from Manchester City for midfielder Elliot Anderson, according to sources familiar with the negotiations, setting the stage for one of the summer’s most closely watched transfer sagas.

City have identified the 23-year-old as a priority target and moved to formalise their interest with an official bid. Forest, however, swiftly turned down the proposal, with the two clubs currently far apart in their valuation of the England international.

Forest are understood to be seeking a fee in the region of £120 million for Anderson, reflecting both his importance to the team and the length of his contract. City’s initial valuation is closer to £80 million, leaving a sizeable gap to bridge before any agreement can be reached.

Sources indicate City are expected to return with an improved financial package, but club officials are not anticipating a quick resolution. Anderson is currently away with the England squad at their World Cup training base in Florida, a factor that could slow the pace of talks and complicate direct involvement from the player and his representatives.

Manchester United are also monitoring the situation, yet Forest’s asking price is viewed as a major obstacle for any potential suitor. Forest, who have relied heavily on Anderson’s creativity and work rate, are under no immediate pressure to sell and are prepared to hold firm unless their valuation is met.

City’s interest in Anderson comes as part of a broader recruitment drive ahead of the summer window. The Premier League champions are also tracking right-backs and right wingers, with a focus on younger options who can add depth and competition across the squad.

Club sources maintain they remain satisfied with Matheus Nunes, who was first-choice on the right side last season, and stress that any new arrival would be brought in to complement rather than replace the 27-year-old.

Rico Lewis’ future at the Etihad Stadium is less certain. After a frustrating campaign with limited minutes, the 21-year-old is considering his options, including the possibility of pushing for a move. Forest, who showed interest in Lewis last summer, are among the clubs keeping a close eye on developments.

Off the pitch, City are still in discussions over compensation owed to Chelsea before they can confirm Enzo Maresca as their new manager. Maresca, who departed Stamford Bridge earlier this year, has been chosen to succeed Pep Guardiola, but the official announcement has been delayed while the two clubs attempt to finalise terms.