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Marinakis can continue to run Forest following share switch

The Guardian

|

May 14, 2025

Evangelos Marinakis will be permitted to continue his hands-on approach to running Nottingham Forest next season despite relinquishing his shares in the club.

- Matt Hughes

Marinakis can continue to run Forest following share switch

The Greek billionaire was strongly criticised for storming onto the pitch to confront the manager, Nuno Espírito Santo, following Sunday's 2-2 draw with Leicester, which left Forest seventh in the table as they attempt to qualify for the Champions League.

Marinakis's Greek club, Olympiakos, have secured their Champions League place for next season and he announced last month that he has placed his Forest shares in a so-called blind trust to ensure compliance with Uefa regulations if they also qualify.

Marinakis's Forest shares are now managed by several trustees who were appointed directors of the club last month - Matthew Shayle, Matthew Cain and Timothy Osborne - although Marinakis was not actually on the board in the first place.

However, there are no conditions in the blind trust arrangement sanctioned by Uefa to restrict Marinakis's attendance at matches, deny him access to any part of the stadium or to prevent him speaking to the manager or players.

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