Nottingham Forest players trust Evangelos Marinakis to reinvest in squad
The Forest captain was speaking after Anthony Elanga completed his £52million transfer to Newcastle United on Friday, while Tottenham Hotspur have submitted a £60m bid for Morgan Gibbs-White.
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Yates, 27, believes the example of Brennan Johnson's £47.5million move to Spurs in July 2023 is a reason for positivity; Forest used that money to sign Elanga from Manchester United and Callum Hudson-Odoi from Chelsea, for a combined fee of around £20m.
'It is only a blow if you have an owner who does not invest,' Yates said. 'But ours has shown repeatedly that he does invest. When Brennan left everyone was gutted about it. But that money was reinvested so well, into the team.
'The main thing we have had has been stability. We do not get too disappointed with results or transfers. We just trust the owner that he will continue to invest in the club and the team and that people at the club just do their job, as they have done in the past.'
Forest believe Tottenham's efforts to sign the midfielder amount to an illegal approach, while they have concerns over how they came to know about a confidential sell-on clause in his contract.
It is unlikely to be the end of the saga, with Tottenham having triggered that release clause.
Yates, speaking after his side's 0-0 friendly draw with Chesterfield, added: 'The squad we built has just got into Europe. If we get double that kind of money (in transfer fees), you would like to think it will go somewhere really good.
'I don't know what more to say on the Morgan situation, because it has all happened so quickly. But I feel as though that, until something is done, until a player signs on the dotted line for another club, it is just speculation.
'As a player, you just accept it is a business. I do not know the ins and outs of what has happened, because it all happened so quickly. Morgan is a fantastic player and somebody who has been hugely influential for us in the Premier League. But this is football.'
Yates added that Forest will miss Elanga, following his move to Newcastle, where he signed a five-year contract.
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'Anthony — what a player; what an impact he had,' Yates said. 'His performances speak for themselves but he was such a big character around the dressing room as well. He was a really top lad and will be thoroughly missed.
'I have been in the game for a few years and it is a business. Everyone has a price. We brought him from Manchester United ourselves so the club's recruitment is there to see. It is just the process. I am sure the recruitment team will do a fantastic job.'
Forest's primary attacking target is Brentford's Yoane Wissa. Forest had a fresh bid for the player rejected at the end of last week, but remain hopeful of agreeing a deal for the 28-year-old.
Forest also hold an interest in both Manchester City's James McAtee and the PSV winger Johan Bakayoko, although Forest face fierce competition for his signature.
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