foxsports
The 18-year-old has made just two substitute appearances during his short career at the City Ground, but has reportedly attracted attention from a number of clubs.
Cotterill is set to discuss the bid with his chairman as he does not expect Bamford to sign a new deal with the east midlands club.
"There has been a bid for him from Chelsea, it is for £1.5million," Cotterill told the Nottingham Evening Post.
"The problem we have is that Patrick has been offered a couple of contracts now and I am not sure he will sign a new contract at Nottingham Forest.
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"We are going to have a meeting to decide where that goes. What materialises, we will find out shortly."
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