It means that Spurs, at the fifth attempt, have finally landed their man. Throughout the saga, Reid had made clear his desire to move to White Hart Lane and the agreement kills any lingering hopes Southampton had of signing the 22-year-old Republic of Ireland international, even though a bid of pounds 3m plus Brett Ormerod and Darren Kenton had been accepted on Saturday.
Reid's move also reignited talks over the possible departure of Spurs' Simon Davies to Everton. The 25-year-old Welshman has been a long-time target of David Moyes and Everton, who were also interested in Reid, had an initial bid turned down yesterday morning. Spurs want pounds 5m for Davies, while Everton have offered just pounds 2m but both clubs were last night trying to reach an agreement while the future of Crystal Palace's Wayne Routledge was also being monitored.
Indeed, Spurs have been the busiest Premiership club in the transfer window, signing seven players, with another agreeing a pre-contract, and allowing two to leave. Spurs are believed to have paid pounds 4.5m for Reid - finally meeting Forest's asking price - and a further pounds 3.5m for Dawson, the highly rated, 21-year-old central defender.
Despite their precarious League position Forest, with debts of pounds 15m, admitted the deal was too good to refuse. "Both players are understandably ambitious young men and are keen to play in the Premiership as soon as possible," said their chief executive, Mark Arthur.
"This represents a great opportunity for both of them and as a club we felt we could not stand in their way." An advantage for Forest is that as a Football League club they are not prevented from buying players outside the window and will now have the funds to do so. Their manager, Gary Megson, is expected to now move for Darren Moore, who is at his former club, West Bromwich Albion.
Everton did definitely complete one signing yesterday, taking the Spanish midfielder Mikel Arteta on loan for the rest of the season from Real Sociedad with a view to a permanent, pounds 2.85m transfer. The 22-year-old former Rangers player only moved to La Liga last summer, as the replacement for the Liverpool- bound Xabi Alonso, but has struggled.
"This is a real coup," said Everton's chief executive, Keith Wyness. Arteta was targeted by Everton after Blackburn Rovers' Barry Ferguson made it clear he wanted to move to Rangers and not stay in England despite a bid of pounds 5m being mooted. Blackburn, however, did release the 31-year- old winger Javier De Pedro, allowing him to join the Italian Serie B side Perugia.
Bolton Wanderers completed the signing of the French international Vincent Candela. The 31-year-old right-back joins from Roma, where he has made just three appearances this season, on a five-year deal after agreeing to take a significant pay-cut. Candela, who played in France's winning Euro 2000 team, said he would decide at the end of the season whether to stay at Bolton or retire.
Portsmouth, having missed out on the Russian striker Dmitri Bulykin following a dispute over agents' fees despite agreeing a pounds 1.1m move from Dynamo Moscow, have signed the 25-year-old Slovenian Aleksandar Rodic. Talks were also continuing yesterday over the signing of an attacking midfield player. At the same time, Eyal Berkovic was negotiating a possible pay- off.
Another veteran midfielder, Charlton Athletic's 34-year-old former captain Graham Stuart, moved to Norwich City on a free transfer until the end of the season while Fulham allowed the striker Elvis Hammond to join the Dutch club RBC Roosendaal on loan. Manchester's City goalkeeper Ronald Waterreus signed a one-year deal with Rangers.
One player not moving is Chelsea's Geremi who turned down a move to Middlesbrough - who also lost out yesterday until the season's end on a deal to sign Celtic's Bobo Balde - despite the Teessiders agreeing a pounds 3m fee and matching his wages at Stamford Bridge. He will probably move in the summer.
Chelsea have failed to land one of their main end-of-season targets with the Bulgarian striker Valeri Bojinov signing for Fiorentina yesterday for just under pounds 10m.
YESTERDAY'S MAJOR MOVES
Player From To Fee
Nicolas Anelka Man City Fenerbahce pounds 7m
Andy Reid N Forest Tottenham pounds 4.5m
Richard Dawson N Forest Tottenham pounds 3.5m
Richard Chaplow Burnley West Brom pounds 1.5m
Eric Djemba-Djemba Man Utd Aston Villa pounds 1.25m
Olivier Bernard Newcastle Southampton Undis.
Aleksandar Rodic NK HIT Gorica Portsmouth Undis.
Ronald Waterreus Man City Rangers pounds 100k
Stephen Hughes Rangers Leicester pounds 100k
Vincent Candela Roma Bolton Free
Graham Stuart Charlton Norwich Free
Generoso Rossi Palermo QPR Free
Robbie Stockdale Rotherham Hull City Free
Javi De Pedro Blackburn Perugia Free
Colin Murdock Hibernian Crewe Free
Matt Somner Brentford Cambridge Free
Betrand Cozic Northampton Kidderminster Free
Billy Dennehy Shelbourne Sunderland Free
Darryn Stamp Chester City Stevenage Free
Jermaine Pennant Arsenal Birmingham Loan
Mikel Arteta Real Sociedad Everton Loan
Henri Camara Celtic Southampton Loan Edson Silva Tottenham ADO Den Haag Loan
Elvis Hammond Fulham Roosendaal Loan
Craig Bellamy Newcastler Utd Celtic LoanReuse content