Manchester City have agreed a deal with Nottingham Forest to sign midfielder Elliot Anderson, sources have told ESPN FC. The transfer fee is reported at $172 million.

The agreement marks a major move for City as they look to bolster their squad with the young English talent. Anderson has been one of the standout performers in the Premier League this season, drawing attention from several top clubs.

Nottingham Forest, who secured Anderson's services after he came through Newcastle United's academy, will receive a substantial fee that underlines just how highly the midfielder is valued across English football.