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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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TeamPWDLFAGDPTS
1Liverpool108111961325
2Manchester CityMan City1072121111023
3Nottingham ForestNott'm Forest10541147719
4Chelsea105322012818
5Arsenal105321711618
6Aston Villa105321715218
7Tottenham HotspurSpurs1051422111116
8Brighton & Hove AlbionBrighton104421714316
9Fulham104331413115
10Bournemouth104331312115
11Newcastle UnitedNewcastle104331010015
12Brentford104151920-113
13Manchester UnitedMan Utd10334912-312
14West Ham UnitedWest Ham103251319-611
15Leicester CityLeicester102441418-410
16Everton102351017-79
17Crystal Palace10145813-57
18Ipswich TownIpswich100551021-115
19Southampton10118719-124
20Wolverhampton WanderersWolves100371427-133
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