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Nottingham Post
Nottingham Post
Sport
Leigh Curtis

'Astounding' - Kieran Maguire issues Nottingham Forest verdict after major financial update

Football finance expert says Nottingham Forest's latest financial move is a "positive" for the club after owner Evangelos Marinakis converted £12m worth of loans into shares.

The Reds' Companies House records were this week updated to show the latest equity changes in what was another show of commitment by Greek businessman Marinakis.

It is not the first time Marinakis has made such a move having made a similar gesture last year and it means the loans do not have to be repaid.

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