Forest owner lets go of controlling interest in PL side with shares put in blind trust to comply with ownership rules.
Forest owner Evangelos Marinakis, will not have a controlling interest in the club next season.
In order to adhere to Uefa’s rules regarding multiclub ownership, which stipulate that no one person may control two clubs that are participating in the same competition, Marinakis, who also owns the Greek team Olympiakos, has put his shares in a blind trust.
There would be a conflict of interest if Forest were able to follow his Greek team into Europe’s top club competition, given they have already qualified for the Champions League for the upcoming season.
If Forest defeats Brentford in Thursday’s game in hand at the City Ground, they may reclaim their third-place position in the Premier League with four games left.
As is customary, the shift is merely temporary; Ineos, a co-owner of Manchester United, has put a halt to its interest in Nice for the current campaign. Sokratis Kominakis, the Forest co-owner, is rejoining the club’s board after Marinakis paused his participation.
One of the greatest success stories in Premier League history would be Forest’s qualification for the Champions League. Nuno Espírito Santo has the team contending among the division’s best this year after they finished their 23-year ouster from the top flight after back-to-back relegation battles.
With games left against Brentford, Crystal Palace, Leicester, West Ham, and Chelsea, Forest could make their first trip back to Europe since 1995–96. They would also be able to return to the top division of European competition, where they last played in the 1980–81 season, if they qualify for the Champions League.