The reason why Arsenal were unable to sign Wolves winger Pedro Neto this summer has its roots in the free-spending of a Premier League rival.
Speaking after the defeat to Tottenham Hotspur, the Nottingham Forest manager also said he was about to find out if Renan Lodi was set to sign.
Forest have finally got their man after agreeing a huge fee with Wolves for Morgan Gibbs-White.
The Wolves midfielder is a player in high demand although an offer to sign a Molineux contract remains on the table, according to Bruno Lage.
Man Utd appear to be closing in on a new right-back, while Forest are upping their bid for a midfielder and Fulham want a Marseille attacker.
Newly-promoted Forest have been reported to have made a third offer worth up to £35million for Gibbs-White.
The 22-year-old attacker is on the cusp of a move within the Premier League after an owner personally intervened in the transfer saga.
Wolves are in no hurry to sell Morgan Gibbs-White after rejected a bid of £20m, claims The Telegraph.
England Under-21 star Morgan Gibbs-White is a man in demand as he looks set to leave Wolves this summer.
Gibbs-White was involved in 20 goals in 35 league outings on loan at Sheffield United last season as the Blades missed out in the Championship play-offs.
Forest could smash their transfer record for the second time in quick succession, with Liverpool and Wolves stars in their sights.
TEAMtalk sources have revealed that Nottingham Forest are pushing hard to land on-loan Sheff Utd star Morgan Gibbs-White.
The midfielder impressed on loan at Sheffield United this season but where and when will his Premier League chance come?
Wolves starlet Morgan Gibbs-White has had a stellar season on loan in the Championship, so much so that he has attracted interest from a European giant
TEAMtalk understands Gibbs-White will get a chance to impress after his performances on loan at Sheffield United this season...
The attacking midfielder has been in excellent form on loan at Sheffield United this season, scoring nine goals and adding seven assists
Sheffield United boss Slavisa Jokanovic believes Wolves flier Morgan Gibbs-White should stay at Bramall Lane.
The Blades reportedly have genuine fears history could repeat itself and rob Slavisa Jokanovic of one of his leading lights
Wolves endured a turbulent deadline day after pushing a midfielder deal through before two late approaches failed to materialise.
The Wolves star moves to the Liberty Stadium on a season's loan - and a Liverpool man proved key in the decision to head to Wales.
Wolves midfielder Morgan Gibbs-White is facing disciplinary action for the alleged lockdown breach