Forest takeover nears completion

The takeover of Nottingham Forest by a consortium led by American businessman John Jay Moores is nearing completion.   He has a background in Major League Baseball with the San Diego Padres and was involved in an unsuccessful bid to acquire Everton and also Swansea City.

Kuwati owner Fawaz Al Hasawi has withdrawn his proposal to keep a stake in the club which will be sold for around £50m.

The takeover of Nottingham Forest by a consortium led by American businessman John Jay Moores is nearing completion.   He has a background in Major League Baseball with the San Diego Padres and was involved in an unsuccessful bid to acquire Everton and also Swansea City.

Kuwati owner Fawaz Al Hasawi has withdrawn his proposal to keep a stake in the club which will be sold for around £50m.