UK time is: 05:23:56
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Takeover Speculation Gathers Momentum

Following speculation and rumour regarding the possible takeover of NFFC by an Irish consortium, it appears that there is a second party to have expressed more than a passing interest into the future ownership of the club.

Multiplex, the designers and builders of the new Wembley stadium have thrown their hat into the ring and have become a major rival to the apparent bid on the table from the Irish consortium. So, what exactly is it that suddenly makes NFFC such an attractive proposition for some of the countries biggest financial hitters? The answer to that question, is the land situated on the Eastside development area of the city. Now that plans to build the new stadium at Gamston are dead in the water, attentions have now turned full tilt to this brown field site, just outside the city centre which is ripe for development.

The deal on offer from Multiplex could be quite appealing to current Chairman Nigel Doughty, if he can manage to earn himself a slice of the action regarding the future development of the land. The deal on the table from the Irish consortium, is a cash upfront deal and if successful would give them complete control of the club, the land at Eastside and would fund the building of the new stadium.

From a supporters perspective this has to be seen as good news, not only because the new stadium will no longer be situated at Gamston, but more for the financial firepower the backing from the new owners would give. The names of those connected with the Irish bid are some of the biggest players in world finance, as well as the world of sport. Two are well respected household names and have been connected with one of Europe`s biggest clubs in the past. The other names on the list come from both a financial and sporting background.

Although there has been speculation about a possible takeover of NFFC for sometime, that speculation grew with news that the club had put it's holding company, CFFN Holdings into liquidation. It wasn't until questions were asked about why this had happened, that the club gave any explanation. That explanation came from NFFC Press Officer Fraser Nicholson, who merely said the holding company was liquidated for administrative simplicity and for no other reason. That may well be true, but there are reasons to believe that Chairman Nigel Doughty has had to reduce his investment in NFFC and is actively looking to bail out of the club.


The Irish consortium is believed to be the frontrunner, with negotiations said to be at an advanced stage. Whilst Multiplex have the ability to deliver the new stadium and the financial clout to take control, they have a chequered history in terms of getting things done on time and within budget, as they proved with the building of Wembley. Vital Forest asked NFFC Chief Executive Officer Mark Arthur to comment on this article and his response was that there was no truth in it. Because of the information that I as Editor of Vital Forest have received, I believe there to be more than a grain of truth in what has been said and stand by the comments made.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: guinless Mail feedback, articles or suggestions

Date:Monday September 13 2010

Time: 6:27PM

Your Comments

so when MA DOESN'T deny a rumour it is said to be evidence that the rumour is true, and when he DOES deny a rumour, he's ignored. I hope it's true but I doubt it. Maybe because I haven't seen the evidence that most posters soom to be privy to...
in_the_top_one
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Nottingham Forest Articles

No Bargain Hunt!!! (Friday October 17 2014)

On The Reid To Recovery! (Monday October 13 2014)

Louis Laing's Loan Extended. (Monday October 13 2014)

Jack Hobbled! (Thursday October 9 2014)

Bash9's Player Ratings v Ipswich. (Thursday October 9 2014)

Forest v Ipswich; Vital Match Preview (Saturday October 4 2014)

Archived Nottingham Forest Articles

List All Vital Forest Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. PVH 278
2. Jimmy Gordon 179
3. i am a tree 149
4. Calvin Plummer 147
5. JWJW 138
6. da fuq 118
7. the jock 116
8. arthursleftball 109
9. Ingy 109
10. LyttleByLyttle 83

League Results (view all)

Latest Results
Forest 5 - 3 Fulham
Bournemouth 1 - 2 Forest
Sheff Wed 0 - 1 Forest
Millwall 0 - 0 Forest
Cardiff 2 - 1 Forest
Wigan 0 - 0 Forest

League Table (view table)

Team P W D L GD Pts
2. Derby County 12 6 5 1 12 23
3. Middlesbrough 12 7 2 3 9 23
4. Norwich 12 6 3 3 10 21
5. Forest 12 5 6 1 9 21
6. Ipswich 12 5 5 2 6 20
7. Wolves 12 5 5 2 3 20
8. Charlton 12 4 7 1 3 19

Breaking League News

Wolves let two points slip away
Wolves : 19/10/2014 20:44:00
LUFC Norwich City View Ahead Of Leeds Clash
Leeds Utd : 19/10/2014 20:00:00
Will Leeds knock the canaries off their perch?
Leeds Utd : 19/10/2014 19:08:00
LUFC Premier League referee in charge at Norwich
Leeds Utd : 19/10/2014 19:03:00
Massive Result For Slade
Cardiff : 19/10/2014 17:35:00

Current Site Poll (view all polls)

Djamel Abdoun is yet to find a new club - would you keep him to see if he can turn his Forest career
Suggested By:  OKD
Yes - given current injuries 68%
No - get rid asap 32%