Evangelos Marinakis, owner of Nottingham Forest, has stepped down as a 'person with significant control' over the club, placing his shares into a blind trust. This shift is part of a strategy to conform to UEFA regulations, which prevent clubs under the same ownership from competing in the same continental tournaments. Marinakis remains a co-owner but will not participate in decision-making. This move follows similar actions from other clubs, aiming to ensure Nottingham Forest can pursue future European competition opportunities without conflict with Marinakis' Greek club, Olympiacos, which is already in the Champions League qualifying round.
Evangelos Marinakis has officially ceased to be a 'person with significant control' in the limited company that owns Nottingham Forest, ensuring UEFA regulations are met.
By placing his shares in a blind trust, Marinakis remains a co-owner of Nottingham Forest but now doesn't have a say in the clubâs decision-making.
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