'Agreement Reached' - Nottingham Forest, Olympiacos Close to Winger Deal

Nottingham Forest are on the verge of completing the transfer of Portuguese winger Jota Silva to Olympiacos, according to reports from Greece.

According to Sport24.gr journalist Dimitris Christofidellis, Silva can already be considered an Olympiacos player, with only the official announcement of the transfer still pending.

According to the report, the 26-year-old winger will travel to the Netherlands on Tuesday, where the Red and Whites are already holding their preseason training camp, to join head coach Jose Luis Mendilibar’s squad immediately.

Christofidellis reports that Silva will join Olympiacos on loan from Nottingham Forest, with the Greek club holding an option to make the deal permanent at the end of the 2026-27 season.

The same outlet reported on Monday that the agreement between Nottingham Forest and Olympiacos had been finalized, although it did not specify the amount the Red and Whites would have to pay if they decide to exercise the purchase option at the end of next season.

This agreement between the two clubs, both of which belong to the Marinakis Football Group and are owned by Evangelos Marinakis, along with Portuguese side Rio Ave, is the second deal involving the clubs during this summer transfer window.

A few days ago, the permanent transfer of Angolan center back David Carmo from Nottingham Forest to Olympiacos was made official.

No financial details or transfer structure were disclosed for that move either, with only the fact that it was a permanent transfer being confirmed.

Returning to Olympiacos’ attack, Mendilibar’s side are also close to signing Girona winger Joel Roca. However, according to Sport24.gr, negotiations are still ongoing and the deal has not yet been finalized.

Silva enjoyed an impressive 2023-24 campaign, which was the season that attracted Nottingham Forest’s interest.

He made 42 appearances across the league, the League Cup, the Taca de Portugal and the UEFA Conference League, scoring 15 goals and providing five assists.

In 2024-25, he played 37 matches for Nottingham Forest, although many felt he underperformed after scoring just four goals and registering two assists.

He scored the same four goals during the 2025-26 season while on loan at Besiktas, where he made 22 appearances.

Now, with his move to Piraeus all but confirmed, he has the opportunity to revive his career and rediscover his best form in an environment where he would be reunited with several fellow Portuguese players, including Chiquinho, Gelson Martins and Diogo Nascimento, although the latter is reportedly expected to leave the Greek club.