Despite a poor season at Stamford Bridge, the fee represents a significant profit as well as a Forest club record.

Forest were beaten at home by Leeds for the second time in three days.

Chelsea will make a profit on the 23-year-old with an initial £45million deal.

The 23-year-old had his squad number reassigned ahead of the new season and has been training separately.

The 35-year-old former England striker emerged on Monday as a surprise candidate to bolster the Blues’ forward line.

Spence suffered a broken jaw playing for Tottenham against Chelsea.

Palmer pulled off a string of saves to frustrate the hosts.