‘I have nothing to be afraid of as I’ve done nothing wrong’ – Greek Marinakis buys Nottingham Forest

New Nottingham Forest owner denies match-fixing

Nottingham Forest have been bought by Greek shipping magnate Evangelos Marinakis after his takeover was passed by the English Football League (EFL).

The businessman and Olympiakos owner is facing accusations of match-fixing in Greece but has passed the EFL’s owners’ and directors’ test.

Marinakis’ buyout brings to an end Fawaz Al Hasawi’s five-year reign in charge of the Championship club.

A previous takeover by a United States consortium fell through in January.

All the links in Encyclopedic.co.uk stories are in RED with a Square and arrow, follow the links if you need to get more information, All our stories have all the links back to the original source, we also have other versions of the story on our website, Search our site using the link to the top left, check them all so you can decide what is the truth or copy and paste some words into google and get even more sources.

Any external stories, features, news feeds, articles or external website content, linked to from within this website (through direct links or RSS feed boxes, etc.) are the absolute, and strict, copyright of the writers, owners or publishers concerned.

Search our Site 


In an exclusive interview with BBC Sport, Marinakis said that allegations he is involved in a “criminal organisation” were invented by “jealous” opponents to “destroy” his success with the Greek champions.

He was previously accused of being involved in the bombing of a referee’s bakery but faced no action.

Marinakis, who is heading a consortium with Greek businessman Socrates Kominakis, denies all the claims and has not faced any charges. He is waiting to find out whether a remaining case against him will proceed, but says: “I have nothing to be afraid of and to worry about as I have done nothing wrong.”

The EFL has approved the deal after reviewing the business plan and applying the owners’ and directors’ test. It saw no reason to disqualify the prospective owners under the test. The EFL also asked Uefa for its views on Marinakis’ ownership of Olympiakos and received a positive response.

Two-time European Cup winners Forest only escaped relegation to England’s third tier on goal difference with a win on the final day of the season.

Marinakis has also “guaranteed” manager Mark Warburton, who was appointed in March, will be with the club “for a number of years”.

The Marinakis manifesto

In an interview with BBC correspondent Richard Conway, Marinakis spelt out his vision for Nottingham Forest. He says he will:

  • Return “stability” to a club with “huge potential” which “belongs to the elite of the Premier League”
  • Not make rash pledges, saying: “I never give promises – I deliver”
  • Back Mark Warburton and says he will work within EFL financial rules to support him in the transfer market
  • Formulate a ‘fans advisory body’ and ‘youth council’ with a representative attending board meetings
  • Reduce ticket prices to reward fan loyalty

What is Marinakis’ history?

Olympiakos won the Greek Superleague by six points in 2016-17 and also reached the last 16 of the Europa League

Under Marinakis’ ownership since 2010, Olympiakos have won seven domestic championships in a row. They are among the top-25 ranked teams in Europe.

He told BBC Sport that claims of criminality against him are as a result of this record.

“All these years, a lot has been said but nothing came out in reality. All of it has been dismissed and we have been clear from all of this,” he said.

“Now there is a last case remaining – there are about 80 persons involved. I can tell you again that I have nothing to do with it because I know very well what I have done and how I have achieved victories.

“Of course I cannot stop our opponents talking or bad-mouthing.”

He added the EFL and other football authorities, such as European governing body Uefa, have cleared him after “two months” of “numerous questions”.

On Forest’s history

Nottingham Forest won consecutive European Cups in 1979 and 1980 under Brian Clough, with Trevor Francis scoring the winning goal in the first of the finals

Marinakis attended high school in Watford from the age of 15 and went on to university in the UK.

He told the BBC he chose to invest in Forest based on “what I remember from the past and the potential the club has”.

He added: “I think that it doesn’t take long to decide, even if you have a choice, which team to go for. When you see all this tradition and all these achievements, of course this club has the potential to grow and achieve victories that the whole region deserves.”

On his approach

“I’m not going to promise you things or I’m not a rich guy who came from abroad to spend my money and gain glory by acquiring a team in the UK.

“I had glories from my times with Olympiakos who have won everything, who have broken every record both within our country and in Europe, in the Champions League for our level.

“We know a lot of players, managers, clubs, officials in various parts of the world in international football, agents – all this can help us to put all our connections together and try to do our very best for Nottingham.”

On the club’s potential

Forest supporters invaded the City Ground pitch after they beat Ipswich 3-0 on 7 May to remain in the Championship

Forest, league champions in 1977-78 and European Cup winners in the following two seasons, last played in the Premier League in 1998-99. They have since spent 14 seasons in the second tier and three seasons in League One, from 2005-06 to 2007-08.

Despite narrowly escaping a return to the third tier this season, Marinakis believes Forest should be in the Premier League.

“We have a long-term plan and within this long-term plan we want to bring Nottingham to where it belongs. And of course Nottingham belongs in the Premier League. And Nottingham belongs to the elite of the Premier League,” he says.

“Furthermore the supporters of Nottingham have been tired all these years, they didn’t have such good times. But they remained loyal and for us that’s very important.

“The potential is huge. The potential of this team is that when it will be very well organised, when it will achieve victories again, when it will have a better position in the Championship, when it will have a better position and we can look seriously at the Premier League, then we will be there to stay.”

What does the manager think?

Warburton has previously described the new ownership as “proven football people”, referencing Marinakis’ achievements at Olympiakos.

“They have done a magnificent job at getting into the Champions League year in, year out and have really developed an outstanding club,” he added.

What is the owners’ and directors’ test?

Also referred to as the ‘fit and proper persons test’, it is designed to prevent someone being involved in running a football club if they have any of the disqualifying conditions listed here.

That includes criminal matters such as dishonest acts and unspent convictions and company disqualification matters such as bankruptcy.

What do the fans think?

Fawaz Al Hasawi took over control at Forest in the summer of 2012. Mark Warburton is the club’s eighth manager since then

Natalie Jackson, BBC East Midlands Today sports editor, on the feeling among some Forest supporters.

Supporters seem to be optimistic about the new ownership because five years under Fawaz promised so much but delivered so little. His well-meaning love of the club and his vast wealth was never in doubt but there were eight different managers and a fragile infrastructure behind the scenes, with people in key positions coming and going at regular intervals.

Increasing anger led to fans’ protests, while Forest finished lower in the league year on year – culminating in this season’s final-day escape from relegation.

Bridges need to be built and reputations restored. Mark Warburton’s arrival shows signs of a more sensible, long-term approach on the football side.

There is a sense of relief among fans, but also caution because tremendous wealth does not automatically mean a well-run, stable and successful club. Marinakis is aggressively ambitious but has taken on a club in need of major rebuilding.

Takeover facts

  • The purchase is a consortium led by Marinakis and Socrates Kominakis, a Greek businessman and investor, for 100% of Hasawi’s shares. The sum is undisclosed.
  • The owners have formed a new company NF Football Investments Ltd, registered in the UK.
  • Nicholas Randall QC, a leading sports lawyer, has been appointed as chairman.
  • Ioannis Vrentzos – CEO of Olympiakos – will move to become Forest CEO.
  • Frank McParland has had his contract extended as director of football.


Sat in his modern London office, adorned with a mix of modern art and oil paintings of the port of Piraeus in Greece, Evangelos Marinakis spoke confidently of his long-term plan for Nottingham Forest.

His key phrase is “hard work”. He repeatedly said those words during our interview, and prides himself on building teams both within his shipping empire and at the football clubs he owns. His immediate focus appears to be order, appointing professionals and creating a stable base from which the club can rebuild.

But Marinakis does come with baggage. He has faced – and has been cleared – of very serious charges in Greece. He insists his remaining legal difficulties in Greece don’t worry him and that he’s done nothing wrong.

View the original article: http://www.bbc.co.uk/sport/football/39962342

Significantly, the deal is also being fronted by fellow businessman Socrates Kominakis. His presence will ensure that should anything happen in the future concerning Marinakis’ ability to own the club (a prospect he says is not based in reality), there will be continuity in the boardroom.

Beware of other sites you have never heard of giving you news, a lot of them are just wanting to feed you multiple popup adverts and malware

Visit us on facebook at https://www.facebook.com/notinthemainstreamnews/
We use all our content under fair use to compare who is Fake and who is not, we do not claim ownership at all, all stories are published by the owners as FREE RSS Feeds.

Othen.bizRegisteredgites.com Giteinfrance.biz – Simonothen.com = Northernsoulers.uk – LaBataille.co.uk

In the same category are

Giro d’Italia: Tom Dumoulin’s lead cut after toilet stop on stage 16 Dumoulin was forced to temporarily stop 33km from home in the 222km stage from Rovetta to BormioTom Dumoulin saw his overall Giro d'Italia lead cut t...
Jenson Button ‘very excited’ for McLaren return at Monaco Grand Prix British former world champion Jenson Button says he is looking forward to a "fun weekend" as he prepares to return to F1 for one race only at Monaco, ...
Joey Barton: Banned midfielder released by Burnley Joey Barton played 14 Premier League games in his second spell at Turf MoorMidfielder Joey Barton has been released by Burnley, one month after being...
Hill & Marchant out of England tour to Argentina Joe Marchant is yet to win an England cap, while Paul Hill has fiveHarlequins centre Joe Marchant and Northampton prop Paul Hill have been ruled out ...
Italian businessman Radrizzani completes Leeds Utd takeover Andrea Radrizzani entered talks to invest in Leeds in August 2016Italian businessman Andrea Radrizzani has completed his takeover of Leeds United, en...
Kvitova ‘on track’ for Wimbledon less than seven months after stabbing Petra Kvitova won Grand Slam singles titles at Wimbledon in 2011 and 2014Petra Kvitova is "on track" to play at Wimbledon less than seven months afte...
England seamer Anderson could miss summer opener against South Africa James Anderson has taken 467 Test wickets for EnglandEngland seamer James Anderson is a doubt for July's first Test against South Africa after he sus...
More Cruyff than Van Gaal – the challenge posed by youthful Ajax Why Ajax are the most important club in footballEuropa League final: Ajax v Manchester UnitedVenue: Friends Arena, Stockholm Date: 24 May, 19:45 BSTC...
Sport to review security after Manchester attack Man Utd players hold minute's silenceSporting events and venues in England are conducting major security reviews after 22 people were killed in an at...
GB discus thrower Roles, 39, dies Philippa Roles was a bronze medallist at the 1997 European Junior ChampionshipsWelsh discus thrower Philippa Roles, who represented Great Britain at ...
Thousands of pounds won on Terry’s 26th-minute substitution John Terry was given a guard of honour as he left the pitchThousands of pounds have been won in bets on Chelsea captain John Terry being substituted ...
British and Irish Lions: James Haskell says excitement on hold until after Premiership final James Haskell will join the Lions squad after playing for Wasps against Exeter in Saturday's Premiership finalEngland flanker James Haskell says his ...
Nicky Hayden: The backyard racer who conquered the world "The idea of growing up to be a world champion, it just seemed so far away," Nicky Hayden 1981-2017From racing his siblings round the backyard as a t...
Watch the goals: Carney stars for Chelsea in this week’s WSL Chelsea's Karen Carney is the star performer in this week's WSL round-up, which also features goals from Birmingham's Rachel Williams and Manchester C...
More Mike Bassett than Antonio Conte – who makes your team of the season? The BBC Sport readers' team of the year 2016-17Chelsea and Tottenham were the two outstanding teams in the Premier League in 2016-17 - and it's no su...
Manchester United v Ajax: ‘Naive’ to expect no trouble in Europa final say police Follow live radio and text commentary of Ajax v Manchester United in the Europa League final on 5 live, the BBC Sport website and mobile appEuropa Le...
‘It makes you a better player’: Stokes wants more England stars in IPL IPL makes you a better player - StokesEngland v South Africa: First one-day internationalVenue: Headingley, Leeds Date: Wednesday 24 May Time: 14:00 ...
David Moyes resigns as Sunderland boss after relegation from Premier League David Moyes took over last July but could not keep Sunderland in the Premier LeagueSunderland manager David Moyes has resigned following the club's r...
Nicky Hayden: Ex-MotoGP champion dies after collision Nicky Hayden won the 2006 Moto GP championship in ValenciaFormer MotoGP champion Nicky Hayden has died aged 35, five days after being involved in a c...

Special Promotion

Fancy a holiday in rural France ?

Find your ideal holiday accommodation in France, with peace of mind that all our properties are officially registered

Our aim is to provide potential holiday makers with a choice of properties, all of which are officially recognised by the French authorities as holiday lettings.  Every gite and holiday accommodation on our website is registered in France in one of two ways. It is either registered with the local Mayor as a tourism/short stay property or is is registered as a holiday letting business in France and so has a SIRET number. We will not advertise any properties unless we have seen evidence of this. If you want anymore information about this, please do contact us.

Follow us on Twitter 

Dont forget to “Like” us on Facebook

Other Video sections include:  Disclose TV – Twit Podcasts – Coming Soon our own Youtube Channel

We also recommend the excellent “No Agenda Podcast”  with Adam Curry & John C Dvorak

Comment on this story