Marinakis Steps Back from Ownership
Owner’s Strategic Move
Evangelos Marinakis, the owner of Nottingham Forest, has transferred his significant control over the club to comply with UEFA’s ownership regulations. This decision allows the club to maintain its eligibility for the Champions League, especially important given its current standing in Premier League.
Current Club Performance
Nottingham Forest is performing well this season, currently positioned sixth in the Premier League, level on points with fifth-placed Chelsea but with a match in hand. This places them in a strong position to secure a berth in the prestigious Champions League for the next season.
Ownership Compliance
Marinakis’ decision to step back follows legislation that prevents club owners from having significant influence over more than one team competing in UEFA competitions. He also chairs Olympiacos, which is poised to qualify for the Champions League next season. This new structure helps ensure that both clubs can participate without conflicts of interest.
New Management Structure
In related filings, Pittville One Limited has now been designated as a person of significant control over the club. Additionally, Sokratis Kominakis, who is a part-owner of NF Football Investments, has been appointed as a new director. These changes aim to align the club’s governance with ongoing competitive strategies.