Vital Football

Latest Nottingham Forest News

Takeover Imminent - More Than 1 Party Interested

Takeover Imminent - More Than 1 Party Interested

The managing director of new club sponsors John Pye and Sons, as well as Nottingham Forest Chief Executive Officer Mark Arthur, have both today confirmed that a takeover of the club is close to completion.

Speaking to the BBC about the new one year sponsorship deal with the Reds' and the the takeover, Adam Pye said. ''It is imminent we are told and so exciting. Hopefully we will be talking to you in 10 days time with more exciting news.'

Mark Arthur added that there was more than one party interested in buying the club and that everything was being done to help bring new owners in. 'There is good interest in the club, not from just one party. We do not know who they are and where they come from. If the owners are to have an impact on next season they need to be in Nottingham the sooner the better.'

According to various sources on twitter, the new owners are from Kuwait, but there has also been keen interest from the United States. It's paramount that a deal is completed soon, because as things stand at the moment, Nottingham Forest only has guaranteed funding until the start of the new season.

Join The Vital Debate







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

Writer:guinless
Date:Tuesday June 12 2012
Time: 7:24PM

Login to post a comment

Recent Nottingham Forest Articles

Officials - Nott'm Forest v Fulham (26/9/17)

The Football League have now announced the Match Day officials that will take charge of the game between Nottingham Forest and Fulham this Tuesday.

EFL Cup - Falling Attendances & More Rotation

Many fans have watched the seeming demise of the EFL Trophy, and it appears the EFL Cup may now be quickly following suit after the recent third round ties.

Dowell - We Have To Be Better

Kieran Dowell has called on Nottingham Forest to be better when it comes to finding a way to break teams down following the defeat to Aston Villa at the weekend.

Villa Frustration For Warburton

Manager Mark Warburton has admitted a growing sense of frustration following Nottingham Forest's defeat to Aston Villa at the weekend.

Archived Vital Forest Articles

Vital Forest articles from

Site Journalists

Kev Finnegan
no email
Profile
Our Kids Dad
Editor email
Profile

Current Poll (see more polls)

Villa MotM
Suggested By: Site Staff
Smith7%
Darikwa4%
Worrall0%
Mills4%
Traore4%
Bouchalakis0%
Bridcutt4%
Brereton4%
Dowell16%
McKay12%
Murphy29%
Sub - Carayol0%
Sub - Osborn16%
Sub - Clough0%
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Nottingham Forest Results (view all)

Nottingham Forest Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Old Red Fart260
2.LyttleByLyttle220
3.Apollyon200
4.Ingy200
5.Jimmy Gordon111
6.Calvin Plummer107
7.Pope John XXIII107
8.mao tse tung93
9.paz196784
10.Joe Baker Legend77
Write for Vital Football