Nottingham Forest are set to go Canadian.

The Sun says billionaire Canadian Lawrence Tanenbaum is leading the race to become the new owner of Nottingham Forest.

Tanenbaum - chairman of Maple Leaf Sports and Entertainment - is understood to be in negotiations with investment bankers Seymour Pierce over the Championship club.

Negotiations between the 67-year-old tycoon and Seymour Pierce are believed to be making progress since Forest staved off relegation under manager Steve Cotterill last month.