Rumours were swirling around that the former North End striker had undergone a medical at Deepdale on Friday afternoon. He was later spotted sitting next to owner Trevor Hemmings at Saturday's friendly away at AFC Fylde.
Nugent would be on a free transfer but is out of action with an injury at least until September. Neil has said he wanted to add experience to the squad and a returning Nugent would add this.
The striker is not the missing piece in the jigsaw. He's not going to score 20 plus goals a season and is more likely to play a bit part role given Neil likes to play one up top.
It seems that Neil will favour Stockley or Moult up front unless he decides upon a change of formation. It seems that if the wages are amenable that Neil has decided esperience up front is something he needs to inch his squad higher up the table.