The Reds have a few hours left in which to complete their business before the January transfer window closes.
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Carvalho has joined Greek Super League leaders Olympiacos who are also owned by Nottingham Forest majority shareholder Evangelos..
Reds attacker has caught the eye with impressive performances as January transfer interest mounts
Arsenal crashed out of the FA Cup as substitute Lewis Grabban came off the bench to fire home a deserved winner for Nottingham..
