OLYMPIACOS have reached an agreement with Nottingham Forest to sign Joao Carvalho, reports suggest.

That is according to Gate 7 International, who report that Carvalho will put pen to paper on a contract with the Greek champions by the end of the week.

The Greek giants, who are also owned by Forest supremo Evangelos Marinakis, are looking to add some creativity in midfield during the January transfer window.

Manager Pedro Martins has been without key playmaker Kostas Fortounis since the summer due to a cruciate ligament rupture.

Aguibou Camara is on international duty with Guinea, who made it to the Africa Cup of Nations' Last 16 and thus Martins will have to make due without him until the end of the month.

There is also immense belief that Camara will move to the Premier League in the summer after attracting interest from Liverpool, Leicester and Newcastle.

Former France international Mathieu Valbuena is also another option for the No10 role but is in the advanced age of 37 years old.

Olympiacos have been keeping tabs on Carvalho since 2019 after his impressive start at City Ground.

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The playmaker joined Forest from Benfica in 2018 following a €15million (£12.5m) deal between the two clubs.

The Portuguese ace stood out in his first season with the Championship outfit as he registered a total of four goals and eight assists in 40 appearances.

However, the 24-year-old has since fallen down the pecking order and that is why Nottingham sent him out on loan to Almeria last season.

Carvalho has only managed a mere two goals in eight matches across all competitions for Steve Cooper's team this term.

The versatile midfielder, who can also play in the wings, is keen to join Olympiacos where he will also get to play in Europe as the club has been a Champions League and Europa League mainstay in the last 15 years.

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