For Nottingham Forest, no business could well prove to be good business with regards to the winter transfer window.

Young defender Tyler Bindon was the only new addition before Monday’s deadline and he is very much one for the future - hopefully a bright one at that, given he is being tipped for big things. The 20-year-old immediately rejoined Reading, on loan for the rest of the season, to continue his development in League One.

Head coach Nuno Espirito Santo’s squad is pretty much the same as it was on December 31. But the Portuguese is unlikely to complain; he was happy with his dressing room before the window opened, and that will still be the case now.

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Adding a striker would have been good. There is still a concern over how the Reds would cope were they to lose Chris Wood for any length of time. But if a forward was going to come in, it had to be the right one.

January is a notoriously difficult window to operate in and plenty of clubs were searching for more firepower. In years past, perhaps the temptation would have been there to make sure someone, anyone, came in to offer cover.

This is the new, sensible Forest. With Nuno so keen to protect the united dressing room he has built up, every decision had to be weighed carefully.

Hindsight might be a wonderful thing come the end of the campaign, if the final 14 games do not go to plan, but making no signings is surely better than making bad signings. And particularly when there is a strong group already in place.

For the Reds, the biggest positive from the window is that they did not lose any of their key players. Andrew Omobamidele and James Ward-Prowse were the only departures from the first-team set-up, and neither had been seeing much game time.

Forest sent out a big statement by shutting down Chelsea’s interest in Murillo early on in the year. Meanwhile, Roma were reportedly keen on Elliot Anderson but also got nowhere.

Back in the summer, Nuno stressed keeping his squad together was the priority. He knew the winter window would bring a fresh challenge on that front but the Reds came through it unscathed once again.

Retaining the likes of Murillo, Anderson, Morgan Gibbs-White, Callum Hudson-Odoi and Anthony Elanga makes for an excellent January/February for Forest. That the club did manage to oversee moves for fringe players Lewis O’Brien and Emmanuel Dennis, along with some youngsters from the academy, adds to the sense that it was a pretty decent window all round. Window rating: 8.5/10

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