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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
1Liverpool23175156213556
2Arsenal24148249222750
3Nottingham ForestNott'm Forest24145540271347
4Chelsea24127547311643
5Manchester CityMan City24125748351341
6Newcastle UnitedNewcastle24125742291341
7Bournemouth24117641281340
8Aston Villa2410773437-337
9Fulham249963632436
10Brighton & Hove AlbionBrighton2481063538-334
11Brentford2494114242031
12Crystal Palace247982830-230
13Manchester UnitedMan Utd2485112834-629
14Tottenham HotspurSpurs24831348371127
15West Ham UnitedWest Ham2476112946-1727
16Everton236892328-526
17Wolverhampton WanderersWolves2454153452-1819
18Leicester CityLeicester2445152553-2817
19Ipswich TownIpswich2437142249-2716
20Southampton2423191854-369
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