Sheffield United have turned down an offer from Nottingham Forest believed to be around £2million but would have to pay more than double that to land the full-back.
The Sheffield Star claim the Reds submitted a bid for the defender in January after Reds head coach Steve Cooper inquired about the possibility of making his transfer permanent.
But the offer was rejected, with United standing firm in their assessment of the player who scored once and registered four assists for the Reds during his season-long loan at the City Ground.
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Derby have a vested interest in Lowe’s future with Derbyshire Live revealing earlier today how the club inserted a sell clause into the deal which saw him move from the Rams to the Blades in 2020.
This also applies to United defender Jayden Bogle who also moved to the Blades at the same time, but the Rams would only receive a sale of the profit the Blades make from any transfer rather than an overall fee.
It has been reported that Lowe is a target for Forest this summer following their promotion to the Premier League, which is expected to be worth around £170million.
It is claimed United officials are prepared for another approach from the Reds, although the Blades are in a strong position with the player still having two years left on his current deal.
This could also be extended for another 12 months due to an option United have in the player’s contract.