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Manchester City Lead Race for Elliot Anderson as Forest Demand £125m Record Fee

Elliot Anderson in action for Nottingham Forest, December 2025
Elliot Anderson, Nottingham Forest — in action at Craven Cottage, December 22 2025 | Photo: Timmy96 / Wikimedia Commons / CC0

Manchester City are reportedly in pole position to sign Elliot Anderson this summer — but the battle to land the Nottingham Forest midfielder looks set to be expensive, complicated, and fiercely contested. City face competition from Arsenal and Manchester United, while Nottingham Forest's owner Evangelos Marinakis is believed to want as much as £125 million for the 23-year-old England international.

That asking price would break the Premier League record for a midfielder. Forest are serious about it. Anderson has been one of the most consistent midfielders in the division this season, and the club have made clear they are not selling at a discount — even to a club the size of Manchester City.

Why City want him

City's need for midfield reinforcement has been obvious for a while. The post-Rodri era — or at least the Rodri-injured era — exposed how dependent Pep Guardiola's system is on having a reliable, intelligent presence in the centre of the pitch. Anderson fits a very specific profile: technically excellent, engine to get around the pitch, composed under pressure. He is the sort of player City would not normally need to fight for. This time, they do.

Chelsea are also monitoring the situation, with reports suggesting they see Anderson as a potential replacement for Enzo Fernandez if the Argentine's future becomes uncertain. However, most sources currently rate City as the front-runners, with Chelsea seen as a back-up option rather than a genuine rival at this stage.

What Forest's stance means

Forest's demand for over £100 million reflects more than just Anderson's talent. It reflects where the club are as a project under Marinakis. They bought Anderson from Newcastle last summer for around £35 million — a fee that looked ambitious at the time but now looks like a bargain given what they are asking in return. Selling him for three times that price would represent exactly the kind of asset management that keeps clubs like Forest competitive without the same resources as the top six.

Anderson himself returned from injury to feature for Forest recently. His form before the injury was strong enough to justify the price tag conversation. Whether any club actually meets that number is a different question — but Forest are not blinking first.

A summer saga in the making

This one is not getting resolved quickly. Anderson's representatives have not pushed publicly for a transfer, Forest have no financial pressure to sell, and City will want to be sure before committing to a record fee. Expect this to run deep into the summer window. United and Arsenal will watch developments closely. If City blink at £125m, either of them might move faster than anyone currently expects.

Transfer context: Elliot Anderson, 23, Nottingham Forest midfielder, England international | Joined Forest from Newcastle for ~£35m in summer 2025 | Forest's reported asking price: up to £125m, which would break the Premier League record fee for a midfielder | Interest confirmed from: Manchester City (front-runners), Arsenal, Manchester United, Chelsea. Source: Sky Sports, Football Insider.

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