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Saturday, July 16, 2016

Football League investigates Nottingham Forest takeover bid by banned tycoon

• Olympiakos owner Evangelos Marinakis in talks over majority stake • Marinakis charged with five criminal offences but denies wrongdoing Nottingham Forest, one of Britain’s and the world’s oldest football clubs, marked 150 years since their Victorian formation and first match in 1866 with a game this month between two teams of supporters who had written evocative recollections of their own first matches. Peering into the immediate future for the club, however, is a murkier exercise than a nostalgic look over their distinguished past, illuminated forever by the miraculous European Cup wins of 1979 and 1980 under the managerial partnership of Brian Clough and Peter Taylor. Forest’s owner, the Kuwaiti businessman Fawaz al-Hasawi, who has advanced loans of £67m in only four years of ownership but steered the club to 16th in the Championship last season, has for weeks been in talks to sell a majority stake to Evangelos Marinakis, the owner of the Greek champions Olympiakos. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com