Kuwaiti millionaire Fawaz Al-Hasawi, whose deal to buy the club was sealed on Tuesday night, confirmed that he will meet with Cotterill and his coaching staff in London today.
In an interview with Arabic television, he said that he will give Cotterill everything he wants to transform Forest from a squad that struggled against relegation, to one that can challenge for the top-two.
And he also acknowledged that Forest must act quickly, with the new season rapidly approaching.
"We will go to London and sit with the coaching staff to see what the team needs," said Al-Hasawi, who had previously been on holiday in southern Europe.
"I will make big deals for players, even in a short amount of time. I will try to accomplish everything in a week because the league starts just a month from now."
Al-Hasawi, whose family earned their fortune in the refrigeration industry and property in Kuwait, admitted he has long craved the chance to own an English football club – and that buying Forest fulfills a personal ambition.
And he pledged to restore some of the club's former glories.
"I have thought for a long time about buying an English club and first began negotiations with Forest in April," he added.
"Forest are not suffering from any debt, which is what encouraged me to try to buy them.
"Nottingham has a large fan base, but the team has dropped a level since the 80s.
"We will strive to restore them to their previous glories."
Al-Hasawi declined to reveal how much he had paid to secure the club from the estate of former owner Nigel Doughty.
"I have heard from people that I have apparently brought the club for £75m, but I apologise, I refuse to disclose the amount."
Reports in the Middle East are already linking the Reds with Kuwaiti international goalkeeper Khalid Al-Rashidi.
The 25-year-old currently plays for Al Arabi, historically one of the most successful sides in Kuwait. But it is Al Qadsia, the club formerly owned by Al-Hasawi until the last few months, who have won the Premier League title for the last four seasons.
