Even the most positive Nottingham Forest fans – and there are a few of them about due to the Steve Cooper revolution – will not have predicted they'd start the January window in such an impressive style.

Four and a half days into the January transfer window, the Reds have already made two impressive signings while Djed Spence is set to remain at the club until at least the end of the season and Joe Worrall doesn't appear to be going anywhere.

The start is made all the more impressive considering that, if reports are to be believed, they beat out Championship rivals to bring both Keinan Davis and Steve Cook to the City Ground.

The Reds' first real setback emerged today as The Telegraph revealed that their talks over a loan move for in-demand Arsenal striker Folarin Balogun collapsed last week.

Middlesbrough are understood to be the frontrunners to sign the 20-year-old, who looks to have all the tools to thrive at Championship level.

But even this latest transfer revelation does not look a concern for Forest given they moved so quickly to land Davis.

The Villa loanee is capable of playing both as a central forward and on the flanks, which leaves Cooper fairly well stocked in terms of attacking options.

Adding more firepower was vital ahead of January but signing Balogun as well as Davis would have been a luxury rather than a necessity and may have caused unrest in the squad over playtime.

As it is, Forest now have Lewis Grabban, Lyle Taylor, Brennan Johnson, and Davis capable of playing in the central striker role.

The latter pair can also provide goals from the flanks, with Philip Zinckernagel, Alex Mighten, and Joe Lolley all assets in the wide positions as well.

We could well see more attacking reinforcements arrive, with the reported interest in Josh Bowler hinting at the Reds' intent, but with Davis' signing already done they can be patient rather than panicky as the month wears on.

It's clear to see why Forest were among the sides queueing up for Balogun but due to their own proactivity, missing out on him is not a concern.