Nottingham Forest's promotion to the Premier League has created uncertainty around the future of Philip Zinckernagel.
The midfielder made himself a key member of the Tricky Trees' successful promotion push, scoring seven goals and providing 10 assists in a total of 50 appearances, that ended with them beating Huddersfield Town in the play-off final.
Forest would like to keep hold of the Dane for their Premier League return next season, but for now he remains a Watford player, with the Hornets aware of what he could offer in the Championship.
In his last two seasons, Zinckernagel has played his part in successful promotion campaigns, first with Watford and now with the Reds.
Should Watford keep hold of him, he could provide creativity and plug a gap in an area in which the club are planning incomings, with several midfielders expected to leave this summer.
Captain Moussa Sissoko is likely to make an exit, while the departures of both Peter Etebo and Juraj Kucka have already been confirmed.
Should Zinckernagel follow them out the door, it would have to be for a decent fee due to his versatility and track record, both of which make him a prize asset for the second tier.
Whether or not he is worth more to Watford than the money Forest would be willing to pay is a decision that will likely be made further down the line, with club sources stating that they also want Rob Edwards to evaluate his available options, with the new head coach expected to be given more of a say over transfers than his predecessors.
For now, Zinckernagel is due to go on holiday for a short while, following a gruelling campaign that included play-offs and an FA Cup run, but contact will continue between his representatives and the two clubs, with his future up in the air for the time being.
While both sides would appreciate his services next season, the main deciding factor in where he ends up will almost certainly be the price.
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