The former Villa striker believes club captain Gabriel Agbonlahor and defenders Micah Richards and Joleon Lescott must be amongst the first exits.
The Forest boss previously worked at Brentford.
Dimitri Payet has played 30 times for West Ham United so far this season.
Sunderland scouts have been watching the Austrian international team recently.
The Whites' striker has been handed the punishment for an incident involving Fulham's Fernando Amorebieta in February.
The La Liga club recently parted company with boss Gary Neville, but Quique Sanchez Flores has ruled out a return to his former club.
The Tottenham Hotspur attacker has been side-lined for much of the campaign.
Liverpool could be desperate to get Balotelli off their books in the summer.
The Sunderland midfielder will not play again this season.
It is thought that sacked Swansea City manager Garry Monk would have no qualms over taking on the huge task at Villa Park.
Sunderland reportedly wanted Bristol City left-back Joe Bryan - but what chance do they have with Celtic joining the race?
Peterborough United are attempting to sign Luke McGee from Tottenham Hotspur.
Leeds United's first transfer of the summer could spell the end for their Jonny Howson pursuit.
Queens Park Rangers, Aston Villa and Wolverhampton Wanderers are linked with the Barnsley midfielder.
Everton striker Dominic Calvert-Lewin is set to stay at Goodison Park next season.
Liverpool and Tottenham have both been linked to Max Meyer.
Former Chelsea winger Mohamed Salah has joined Liverpool from AS Roma.
Liverpool fans compare Mohamed Salah's price tag to Everton's signing of Yannick Bolasie.
The Nottingham Forest striker has worked with Burnley's manager before.
Everton are working on a deal to sign Sandro from Malaga.
Deutsche Bank’s Michael Schoell, a senior trader of distressed debt, has left to join hedge-fund firm King Street Capital Management, people familiar with the move said.
State Street agreed to buy General Electric’s asset management unit for as much as $485m in cash to expand alternative investments such as private equity and real estate.
Standard Chartered is closing its office in Geneva, the global center of the commodity-trading industry, in Chief Executive Officer Bill Winters’s latest move to slash the lender’s exposure to the oil, gas and agricultural industries.