Manchester City have agreed a deal with Nottingham Forest to sign England midfielder Elliot Anderson in a package potentially worth up to a British record £130m, BBC Football, a Tier 2 source for this story, reported.T2 - BBC Football

The headline value is up to £130m, rather than a fixed fee stated in the initial BBC Football summary, and would set a new British transfer record if completed at full value.T2 - BBC Football The existing British record is the £125m Liverpool paid Newcastle for Alexander Isak in 2025, itself ahead of the £115m Chelsea gave Brighton for Moises Caicedo in 2023; City’s own club record remains the £100m paid to Aston Villa for Jack Grealish in 2021. Forest would also be receiving the largest sale fee in the club’s history.

BBC Football is the originating named outlet on the agreement at this stage. Its line is that City and Forest have reached a club-to-club deal for Anderson, with no detail yet on the guaranteed portion of the fee, the payment schedule or the structure of add-ons inside the £130m package.T2 - BBC Football The report also does not state whether personal terms are agreed or whether a medical has been booked.

Anderson’s proposed move would take him from Forest to the Premier League champions as one of the most expensive midfielders in English football history. The 23-year-old England midfielder, who joined Forest from Newcastle for £35m in 2024, has become a central part of Forest’s side, which explains the scale of the valuation accepted by the club.T2 - BBC Football

The remaining steps are completion details, not fresh club-to-club negotiations, based on the BBC Football line. Anderson still needs to finalise the player-side formalities, pass a medical and sign the contracts before Manchester City can announce him. Until then, the deal is agreed between the clubs but not formally complete.