Leicester's Ben Hamer is close to Bristol City switch.
Forest had even announced a deal on their official website in late July, publishing a photo of Hamer alongside manager Dougie Freedman.
The Leicester Mercury reported last week that Hamer had returned to Premier League side Leicester after the deal with Forest hit a glitch owing to the club's financial restrictions, due to Football League imposed transfer embargo, limiting the weekly wages they are permitted to offer.
The Nottingham Post reported just yesterday (Monday) that Forest were hopeful of ironing out the issue and completing the deal.
27-year-old Hamer is unwilling to sit in reserve for another season at Leicester and wants to play.
Losing him to Bristol City would be a big blow as the club have been looking for a goalkeeper all summer capable of replacing Karl Darlow and competing with Dorus De Vries for a starting spot.