MX23RW : Tuesday, September 25 15:20:30

Nottingham Forest owner Nigel Doughty prepares to sell shares

Forest owner reveals willingness to sell
© PA Photos
Nottingham Forest owner Nigel Doughty reveals that he is prepared to sell his shares in the club if offers are made.

Nottingham Forest owner Nigel Doughty has admitted that he is prepared to sell his shares in the Championship club.

The businessman, who was replaced by Frank Clark as chairman last week, has revealed that he is looking for new buyers for the club.

"I will not leave the club with a cost-base that will burden it for the next two or three years," said Doughty.

"There has been some speculation that the club will receive a takeover offer or is up for sale. I have no intention of selling. If I felt a new owner would take the club forward, I would happily facilitate that.

"With this in mind, I have appointed Seymour Pierce, an investment bank in the city, which has good experience in these matters to advise me should any offer be forthcoming."

Forest boss Steve Cotterill, who moved to the City Ground last week, admits that the situation is out of his hands.

"What you have to do is try to be professional," Sky Sports News quotes Cotterill as saying. "But if it happens that Nigel Doughty sells the club then I am powerless to stop it."

Forest, who are currently 20th in the Championship table, take on eighth-placed Blackpool on Saturday.

Share this article now:
Steve Cotterill
Read Next:
Cotterill "pleased" with first win
>

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel
EFL Cup
La Liga
Bundesliga
Serie A
Ligue 1
EFL Trophy
League Two
National League
Copa Sudamericana
NIFL Premiership
2.Bundesliga
Serie B
Swedish Allsvenskan
Swiss Super League

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!
Tables
TeamPWDLFAGDPTS
1Leeds UnitedLeeds95311971218
2Middlesbrough9531113818
3West Bromwich AlbionWest Brom952222121017
4Sheffield UnitedSheff Utd95131511416
5Wigan AthleticWigan95131411316
6Derby CountyDerby95131310316
7Brentford94321610615
8Bristol City94231411314
9Nottingham ForestNott'm Forest9351119214
10Sheffield WednesdaySheff Weds94231414014
11Norwich CityNorwich94231313014
12Blackburn RoversBlackburn93511111014
13Aston Villa93421514113
14Swansea CitySwansea934276113
15Bolton WanderersBolton9333912-312
16Queens Park RangersQPR9315715-810
17Birmingham CityBirmingham916278-19
18Stoke CityStoke92341216-49
19Rotherham UnitedRotherham9306614-89
20Reading92251213-18
21Hull City9216916-77
22Millwall9135713-66
23Ipswich TownIpswich9054612-65
24Preston North EndPreston9126918-95

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel
Login, I already have my ad-free pass
Log in to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account