After the forward's indifferent spell with Newcastle United, eyebrows were raised when Forest were prepared to commit to paying an alleged £15m for Wood.
That came after an initial loan stint that produced just one goal from seven appearances in the Premier League, Forest being obligated to complete a permanent deal.
However, it has since proven to be value for money, the 32-year-old contributing 12 goals and one assist from his 25 outings in the top flight this campaign.
Furthermore, Wood goes into Saturday's showdown with Wolverhampton Wanderers having netted in four successive games and with ambitions to extend his outstanding recent form against the West Midlands outfit.
Nottingham Forest's off-the-field problemsRetaining Wood's services in the long term, though, may not be a simple task, a consequence of Forest's ongoing issues with the Premier League's Profit and Sustainability regulations.
Forest have already been deducted four points for breaching those rules, the punishment having since being appealed, but their vast outlay since returning to the Premier League in 2022 means that sales may need to be made.
According to Football Insider, there are numerous Premier League clubs who are considering whether to take advantage of the situation.
Although Wood is due to turn 33 years of age in December, his contract at the City Ground only runs until the end of next season, leaving Forest in somewhat of a predicament.
While it is plausible that they could push for a renewal, there could also be an opportunity to recoup at least close to what they paid for Wood and bolster their financial position.
Which clubs could Read on sportsmole.co.uk