Nottingham Forest have reached an agreement with Manchester City for the transfer of James McAtee. The deal, which could be worth up to £30 million, includes sell-on and buy-back clauses, as per Sky Sports News. McAtee, 22, is a product of City's youth academy and has made 34 first-team appearances, scoring seven goals. He also had two loan spells at Sheffield United before his transfer to Nottingham Forest. Nottingham Forest have already spent £44 million this summer on winger Dan Ndoye and striker Igor Jesus. The club also extended Morgan Gibbs-White's contract after selling forward Anthony Elanga to Newcastle for £55 million. As they prepare for the Europe this season, Forest are targeting more signings including Omari Hutchinson, Douglas Luiz, and Arnaud Kalimuendo. Nottingham Forest are also close to agreeing a £37.5 million deal with Ipswich for winger Hutchinson. The club's initial bid of £35 million was rejected but they remain optimistic about the transfer. Meanwhile, Forest have also approached Juventus over a potential deal for midfielder Luiz, who has struggled to settle in Turin since joining from Aston Villa last summer. Nottingham Forest are also in talks with Rennes over a deal for striker Kalimuendo. The 23-year-old former PSG youth player has been on the radar of several Premier League clubs. Further, Forest are progressing with Callum Hudson-Odoi over a new contract as he enters the final year of his current one. Hudson-Odoi was instrumental for Forest last season, scoring five goals and assisting two others in 37 appearances.