Marinakis Relinquishes Control of Nottingham Forest for UEFA Compliance
Marinakis Relinquishes Control of Nottingham Forest for UEFA Compliance

Marinakis Relinquishes Control of Nottingham Forest for UEFA Compliance

News summary

Nottingham Forest owner Evangelos Marinakis has temporarily relinquished controlling interest in the club by transferring his shares into a blind trust to comply with UEFA's multi-club ownership regulations, as both Forest and his Greek team Olympiacos could qualify for next season's Champions League. This move is intended to avoid a conflict of interest, since UEFA rules prohibit individuals from controlling two clubs in the same European competition. The restructuring includes the appointment of independent trustees and the return of co-owner Sokratis Kominakis to the board. Marinakis will still be able to attend matches but will have no involvement in day-to-day operations. Forest, managed by Nuno Espirito Santo, are in contention for a Champions League spot after years of battling relegation, marking a dramatic turnaround for the club. If successful, it would be Forest's first appearance in Europe's elite competition since the 1980-81 season.

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