Clarets

[Monaco_Totty]

I see Oz's Greek cousin at Forest Evangelos Marinakis has made another substantial investment in the club this week. 😃

The Greek magnate has converted an 82m loan to Forest into 8.2 billion 1pence shares.

This is the latest in a series of financial moves from Marinakis over recent times. Over the last 5 years, he has converted over 160m owed to him into shares.
Forest were hit with a points deduction last season for a breach of the PL Profitability & Sustainability Rules (PSRs) in a decision that took them into the relegation zone, i recall too.

Football finance expert Kieran Maguire explained the move on social media. He wrote: 'This means that there will be no interest charged on the loans when the new APT rules kick in on interest free owner loans in a couple of weeks.'

Last November, PL clubs voted to amend sponsorship rules despite calls from ManCity for a delay. The reigning champions 🤣 challenged the leagues associated party transaction (APT) rules, which assess whether deals between clubs & entities linked to their ownership represent fair market value, on competition law grounds earlier this year, mmmm.

Now Forest are enjoying a wildly successful season for sure, hope they have a wobble too like City.
Only seems like yesterday we were playing them. 🙁

[ozleeds]

I see Oz's Greek cousin at Forest Evangelos Marinakis has made another substantial investment in the club this week. ��

The Greek magnate has converted an 82m loan to Forest into 8.2 billion 1pence shares.

This is the latest in a series of financial moves from Marinakis over recent times. Over the last 5 years, he has converted over 160m owed to him into shares.
Forest were hit with a points deduction last season for a breach of the PL Profitability & Sustainability Rules (PSRs) in a decision that took them into the relegation zone, i recall too.

Football finance expert Kieran Maguire explained the move on social media. He wrote: 'This means that there will be no interest charged on the loans when the new APT rules kick in on interest free owner loans in a couple of weeks.'

Last November, PL clubs voted to amend sponsorship rules despite calls from ManCity for a delay. The reigning champions �� challenged the leagues associated party transaction (APT) rules, which assess whether deals between clubs & entities linked to their ownership represent fair market value, on competition law grounds earlier this year, mmmm.

Now Forest are enjoying a wildly successful season for sure, hope they have a wobble too like City.
Only seems like yesterday we were playing them. ��

i was wondering why you don't talk to me I have nothing to do with the Greek clubs finances only happy to see the Greek club doing well in the multi cultural league called premier league.