The Derry City youngster recently had a week-long trial at the City Ground and says he would be delighted to sign a professional deal in England.
McLaughlin will have a medical in Nottingham on Tuesday and it has been reported that Forest will pay around £200k plus add-ons for his signature.
He told the Londonderry Sentinel: "It has been a long couple of weeks, not knowing what was going to happen, but hopefully now everything will be sorted out.
"If I get the opportunity to sign for Forest then yes I'll be over the moon. Who wouldn't be delighted?
"I enjoyed my trial with Forest. It's a massive step up from League of Ireland, because there are better players, better facilities and better training."
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