Laryea joined Forest from Toronto in January for £821,820 ($1 million). There is no option to buy after the loan, so Laryea will return to Forest next summer. Toronto FC will cover his full wages as part of the loan agreement, necessitating targeted allocation money under the league’s salary cap structure.
Laryea spent the first three seasons of his MLS career with Orlando City as a midfielder before returning to his hometown club in Toronto and establishing himself as one of the top right-backs in MLS. He scored eight goals with seven assists across 67 games with Toronto before moving to Forest last winter.
He made just five appearances in the Championship last season as Forest made their promotion push, starting once. Forest, meanwhile, added right-back Neco Williams from Liverpool for a reported £17million and Giulian Biancone, 22, from Troyes for £5million. Biancone can play both centre-back and right-back.
The Canada international will now get an opportunity to play regularly ahead of the World Cup this November in Qatar.
Laryea played in 16 World Cup qualifiers with Canada, starting 14, as they qualified for the tournament for the first time since 1986. Laryea logged the fifth-most minutes of anyone on the Canada squad during the qualification run and is expected to feature for them in the tournament. Canada will play in Group F against Belgium, Croatia and Morocco.
The 27-year-old will join a revamped Toronto side that has been busy this summer window, adding Italians Lorenzo Insigne, Federico Bernardeschi and Domenico Criscito, as well as Canadian centre-back Doneil Henry and midfielder Mark-Anthony Kaye. They lost Alejandro Pozuelo to Inter Miami and terminated the contract of Mexican centre-back Carlos Salcedo.
Toronto FC’s bold approach, plus Chelsea talks for Slonina and Laryea loan options
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