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Nottingham Forest

Nottingham Forest 'close to £50m US takeover'

By , Editor-in-chief
American businessman John Jay Moores is reportedly in "advanced negotiations" to buy an 80% stake in Nottingham Forest.

Nottingham Forest are thought to be closing in on a £50m takeover by an American consortium.

According to The Telegraph, John Jay Moores - former owner of MLB side San Diego Padres - is in "advanced talks" to buy an 80% stake in the Championship outfit from current owner Fawaz Al-Hasawi.

Al-Hasawi would retain a 20% involvement and remain as club chairman as part of the deal, which would guarantee significant investment into the squad over the coming years.

Moores has been looking to purchase an English side for some time and held talks with Everton earlier this year before Iranian businessman Farhad Moshiri took a 50% stake in the club.

The 72-year-old is reported to have a personal fortune of around £500m.

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Tables header RHS
TeamPWDLFAGDPTS
1Liverpool18143145172845
2Arsenal19116238172139
3Nottingham ForestNott'm Forest1911442619737
4Chelsea19105438231535
5Newcastle UnitedNewcastle1995532211132
6Manchester CityMan City199463226631
7Bournemouth198652923630
8Fulham197842825329
9Aston Villa198562831-329
10Brighton & Hove AlbionBrighton196942928127
11Tottenham HotspurSpurs1973941281324
12Brentford197393335-224
13West Ham UnitedWest Ham196582335-1223
14Manchester UnitedMan Utd196492126-522
15Crystal Palace194872027-720
16Everton183871524-917
17Wolverhampton WanderersWolves1944113142-1116
18Ipswich TownIpswich1936101833-1515
19Leicester CityLeicester1935112242-2014
20Southampton1913151239-276
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