The striker has called time on his career after three years out of action.
HITC Sport understands a number of Championship clubs, including Ipswich and QPR, are eyeing the Nottingham Forest striker.
Nottingham Forest striker Matty Fryatt has missed two years' worth of action with injury.
Nottingham Forest have a number of players on permanent contracts that are set to expire this summer.
The striker has been out of action for 17 months with an Achilles problem.
Championship outfit Nottingham Forest would be making a huge mistake if they sell Celtic target Lars Veldwijk this summer.
What does the future hold for Nottingham Forest duo Matty Fryatt and Andy Reid?
Andy Reid, Chris Cohen, Britt Assombalonga and Matty Fryatt are all long-term injury absentees.
Arsenal-owned Chuba Akpom is in line to make his debut for Nottingham Forest against Wolverhampton Wanderers in the Championship on Friday.
Nottingham Forest manager Dougie Freedman is set to give Matty Fryatt a chance against Norwich City tomorrow.