Nottingham Forest have shown concrete interest in Arne Engels, the 22-year-old Belgian midfielder currently at Celtic, but as things stand this is no more than that. Forest have had bids rejected, including a £25m offer, and the figures being discussed stretch up to £34.8m. Engels is contracted to Celtic until June 2028, so the Scottish club hold the cards and have already said no once. The move is live, not done — and not dead either. The reporting traces back to Anthony Joseph, a reliable voice, who notes that several clubs hold genuine interest and that Forest's bids were turned down. Crucially, he frames the rejected bids as a sign the situation remains active rather than closed. That said, this is currently a single credible thread rather than a chorus of corroboration, so the sourcing is solid but thin. The engine puts completion at 9% — a longshot. That reflects a deal stuck at the earliest stage: interest declared, money offered, money refused. For it to move, Forest would need to close a sizeable gap between their rejected £25m and Celtic's evident valuation, while seeing off the other interested clubs. With no agreement and a long contract protecting Celtic, the odds are deliberately low. Celtic have form for cashing in at this level: they sold to Brighton for £25m, and to Al-Ittihad for £25m in 2023. A fee in the £25m–£34.8m bracket would sit squarely in keeping with how Celtic price their best assets. Watch for Forest returning with an improved bid that meets Celtic's number — and whether a rival firms up first.