ITV News Central understands Stuart Pearce is set to be unveiled as the new manager of Nottingham Forest.
The club has called a press conference at 12.30pm today.
This comes after the club owner and chairman Fawaz Al Hasawi dismissed Billy Davies on March 24 after eight games without a win.
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Poundland can no longer claim every item it sells costs £1 after a watchdog upheld complaints that it sold items for more.