Nottingham Forest has undergone a dramatic turnaround since 2017. Evangelos Marinakis holds an 80 per cent stake, while Sokratis Kominakis owns the remaining 20 per cent.
Their leadership has revitalized the club at the City Ground.
In a surprising twist, Sokratis Kominakis recently left his role as a director. This move came after an important update earlier this week. Reports suggest that Forest is preparing to meet UEFA competition regulations next season.
UEFA rules now challenge clubs with overlapping ownership in European competitions. Forest and Olympiacos, also under Marinakis’ control, could both appear in Europe next season. Moreover, the regulations bar clubs with shared directors from competing in the same tournament.
An insider revealed that one club might need to be placed in a blind trust. Furthermore, this arrangement would ensure compliance if both teams qualify for Europe. Clearly, the situation demands careful restructuring to avoid any conflict.
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Nottingham Forest currently sits third in the Premier League. At the same time, Olympiacos battles for the Greek Super League title. Consequently, both clubs boast significant ambitions for European football.
Speculation runs high over a possible realignment of club ownership. Some suggest that Forest and Olympiacos might separate their directorships completely. In addition, this change might involve transferring full control of Olympiacos to Kominakis while Marinakis retains Forest. However, this plan remains unconfirmed.
Financial maneuvers also play a key role in the club’s evolution. Recently, Marinakis converted shareholder loans into equity. Specifically, he wrote off £72 million after completing an earlier transaction worth £82 million. These moves have strengthened the club’s financial position.
In the end, Nottingham Forest now avoids paying interest on these loans. Also, the club prepares to navigate UEFA rules effectively. Therefore, fans should keep a close eye on future developments at the City Ground.