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Nottingham Forest close to signing Gustavo Sa with immediate loan planned

Nottingham Forest are reported to be on the verge of signing 21-year-old Gustavo Sa from Famalicao for around £17.1m, with the player expected to be loaned to Olympiacos for the 2026-27 season.

Nottingham Forest close to signing Gustavo Sa with immediate loan planned
©Illustration AI Charlotte Wentworth / nexoradar.com

Forest reported to agree £17.1m deal for rising Portuguese midfielder

Nottingham Forest are reported to be set to complete the signing of 21-year-old attacking midfielder Gustavo Sa from Portuguese side Famalicao over the coming days. According to media reports, the transfer fee is approximately £17.1 million, and the player is then expected to be immediately loaned to Olympiacos for the 2026-27 campaign.

Sa has emerged as one of Portugal's most highly regarded young talents. He played a prominent role as Famalicao secured a top-five finish in the Portuguese top flight last season and has been a regular first-team figure since the 2022-23 campaign. Unusually for a player of his age, he became the youngest-ever competitor to reach 100 appearances in the Portuguese top flight, doing so at 21 years, 3 months and 24 days.

Background and international recognition

Sa's progression attracted attention beyond Portugal. Former Portugal manager Roberto Martinez has previously highlighted the player's potential, stressing both his ability and the work required for further progression. Martinez's remarks underline the perception that Sa remains a developing prospect with significant upside.

"I remember that, exactly one year ago, 12 months ago, Gustavo was here beside me at the press conference. He is a witness to the confidence I have in him, but he knows that this is not enough... Considering the level he can reach, this is not enough. The demands are very high at all times..."

What the move would mean for Forest and the player

For Nottingham Forest, securing a young attacking midfielder who has already amassed significant top‑flight experience in Portugal would be consistent with a strategy of acquiring promising talent with potential resale and sporting value. The immediate loan to Olympiacos, if completed as reported, would be designed to provide Sa with regular first-team football in a different competitive environment while Forest retain his long-term registration.

From the player's perspective, such a path — transfer to a Premier League club followed by an overseas loan — has become a common route to acclimatising to higher-profile leagues while ensuring match minutes and continued development.

Key facts at a glance

  • Player: Gustavo Sa
  • Age: 21
  • From: Famalicao (Portugal)
  • Reported fee: £17.1 million
  • Expected immediate loan: Olympiacos (2026-27 season)
  • Notable milestone: Youngest to 100 appearances in Portuguese top flight (21y 3m 24d)
Attribute Detail
Previous season Helped Famalicao finish fifth in Portuguese top flight
Senior breakthrough Regular from 2022-23 season

Nottingham supporters will watch developments closely. The move, if finalised, would add to Forest's summer transfer activity and underline the club's willingness to invest in young, internationally recognised talent. While the reported fee and the loan element are central to the story, the arrangement also raises questions about how quickly Forest plan to integrate Sa into their squad and what role he might play in the medium term.

At this stage, the details remain those reported in the media: the fee figure of £17.1m, the destination club for an immediate loan (Olympiacos), and the player's record and background with Famalicao and Portuguese national set-ups as noted by figures such as Roberto Martinez. Supporters and local observers can expect confirmation or further updates as clubs issue official statements and governing-body paperwork is completed.

This potential signing highlights the ongoing transfer activity that shapes pre-season preparations and gives a sense of Forest's recruitment priorities heading into the new campaign.

Charlotte Wentworth
Charlotte AI East Midlands Correspondent online

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