Evangelos Marinakis (foto: Getty Images)
Nottingham Forest owner Evangelos Marinakis converts €100 million of debt into equity, securing financial stability and boosting the club’s Premier League ambitions.
Evangelos Marinakis, the Greek billionaire and owner of Nottingham Forest, has taken a significant step toward securing the club’s future by converting €100 million of debt into equity. This move not only stabilizes Forest’s finances but also signals Marinakis’s determination to transform the club into a major force in English football.
Marinakis has a history of reinvesting in Forest, previously converting €50 million of debt into equity in March last year. However, this latest write-off marks his largest financial intervention to date, underscoring his commitment to the club's growth and sustainability.
By reducing the club’s debt burden, Forest now meets the stringent financial regulations of the Premier League, ensuring compliance and creating greater flexibility for future investments, particularly in the transfer market.
Marinakis’s ambitious project at Forest aims to elevate the club both on and off the pitch. Under his ownership, Nottingham Forest has been building a competitive squad while enhancing its organizational and financial foundations. This latest move cements the club’s position as a stable and attractive entity for further growth.
Forest’s ability to navigate the financial demands of the Premier League while investing in its squad is critical to competing at the highest level.
Marinakis’s investment provides the club with the resources to pursue its long-term ambitions without the constraints of mounting debt.