Stuart Pearce raided the transfer market this summer, and it appears as if his signings are starting to pay off.
After the calamity of last season, with Billy Davies leaving the club in March as Forest stuttered to an 11th place finish, hope was restored at the City Ground with the appointment of club legend Stuart Pearce.
The 52-year old made over 400 appearances for the Reds in a 12-year spell with the club, whilst also winning 78 caps for England. His coaching career has seen him at Forest before - in a caretaker role - and he has also endured spells managing Manchester City and the England Under-21 national team.
His return to the City Ground was received with praise, with fans suggesting that chairman Fawaz Al-Hasawi was doing all he could to restore Forest to their former glory - and the start of Pearce's reign looks to be doing just that.
Three games into the Championship season, Forest sit atop the table, with two wins and one draw. They are one of four sides who have yet to lose a game, and they also claim the record of joint top scorers in the division - with six goals netted. Whilst many are praising Pearce for his on-pitch coaching and management style, it has been his dealings in the transfer market that have really been the catalyst for the start of what could become an impressive run.
Two of the hottest prospects in the second division, Karl Darlow and Jamaal Lascelles, left the club in the opening days of August to join Premier League side Newcastle United for a fee believed to be roughly £7 million - an incredibly high fee for a Championship club to receive. However, Pearce did incredibly well to not only secure the return of his two youngsters on loan until the end of the season, but also to re-invest the money back into the squad, signing two young and talented attacking players - Michail Antonio and Britt Assombalonga.
Having a consistent goalscorer proved to be a challenge last season for Forest, with just three players reaching the 10-goal mark - one of whom has left.
This season appears to be different.
Assombalonga - who joined the club for a record £5.5 million - has netted three times in the opening three games, having scored 23 goals in League One for Peterborough United last season. Michail Antonio netted Forest's opening goal of the season, whilst Chris Burke and Matty Fryatt, who both signed for free from Birmingham City and Hull City respectively, have netted three goals between them.
Last season's top scorer Jamie Paterson has failed to even make a league appearance yet, having been resigned to a non-goal scoring role in the League Cup victory over Tranmere Rovers - during which new signing Antonio netted once more.
Things look to be on the up at the City Ground, and fans will be hoping that Pearce can apply his masterminding of the transfer market into further success on the pitch.