According to TEAMtalk, Forest are willing to sanction either a permanent transfer or a temporary move that includes an option to buy, potentially opening the door for the 24-year-old to find a new club in the winter market.
Several clubs have already expressed interest in the forward, with the possibility of a January departure becoming increasingly realistic.
Kalimuendo has endured a frustrating period since returning from his productive loan spell at Eintracht Frankfurt, struggling to secure regular opportunities in the Forest first team.
He has accumulated just 110 minutes across five appearances this season, with all but one of those outings coming from the substitutes’ bench.
The Frenchman has also failed to register a goal or an assist, further highlighting his limited involvement under Oliver Glasner.
With regular playing time becoming increasingly difficult to secure, Kalimuendo is understood to be interested in moving elsewhere to revive his career.
The forest is reportedly prepared to facilitate his departure rather than stand in his way.
Although the club would prefer a permanent transfer, they are believed to have placed a valuation of up to €30 million on the striker.
However, a loan agreement featuring either an option or an obligation to buy would also be considered if an acceptable permanent offer fails to materialize.
Eintracht Frankfurt Remain Interested in Kalimuendo
Eintracht Frankfurt has continued monitoring Kalimuendo’s situation after being impressed by his performances during his previous spell in Germany.
The striker enjoyed a productive second half of last season with the Bundesliga outfit, scoring six goals in 19 appearances.
His performances have reportedly made him one of Frankfurt’s priority attacking targets ahead of the January transfer window.
However, meeting Nottingham Forest’s reported €30 million valuation could prove financially difficult for the German club.
Consequently, a loan agreement containing an option to make the transfer permanent appears to be a more realistic solution for Frankfurt.
Such an arrangement could allow the Bundesliga side to bring back a player familiar with their system without immediately committing to a substantial transfer fee.
Nottingham Forest Prepared to Sanction January Departure
Kalimuendo joined Nottingham Forest from Rennes in August 2025 in a deal reportedly worth approximately €30 million.
He signed a contract running until June 2030, but his limited opportunities this season have raised questions about his long-term future at the City Ground.
A January departure could therefore benefit all parties, particularly if the striker secures a move that guarantees more consistent playing time.
For Forest, a permanent sale would provide an opportunity to recover a significant portion of their original investment.
Alternatively, a loan arrangement with a future purchase clause would allow the club to retain some control over his longer-term future.
For Kalimuendo, the priority will be finding a suitable destination where he can rediscover the goalscoring form he demonstrated in Ligue 1 and during his previous Bundesliga experience.
With Eintracht Frankfurt maintaining their interest and other clubs also monitoring developments, the French forward could become one of Nottingham Forest’s notable January transfer departures.
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