Elliot Anderson is about to become very expensive. Manchester City has reportedly submitted bids exceeding £120M for the 23-year-old Nottingham Forest midfielder, a figure that would shatter the current British transfer record of £105M paid for Declan Rice.
The timing is notable. Anderson is currently representing England at the 2026 FIFA World Cup in the United States, playing a central role in Thomas Tuchel’s side. Personal terms are reportedly settled on a five-year contract, with City’s initial bids starting at £80M before escalating past £120M including add-ons. Transfermarkt values Anderson at approximately €75M, which means City is paying a significant premium over his assessed market value.
Why this transfer matters beyond the pitch
City holds an official crypto partnership with OKX, the cryptocurrency exchange, announced in 2022. The club also operates the CITY fan token on the Chiliz blockchain, which trades on major exchanges including Binance and OKX. CITY holders can vote on club governance matters, access rewards, and participate in decisions about specific club activities.
Historical patterns in the fan token space show a clear correlation between high-profile signings and short-term spikes in trading volume. The Anderson deal, if confirmed at a British record price, qualifies as exactly the kind of event that tends to generate that kind of activity.
