Alious### Evangelos Marinakis’ Investment in Nottingham Forest Detailed
A recent report has shed light on the extent of owner Evangelos Marinakis’ financial commitment to Nottingham Forest since he took over the club in 2017. The Greek businessman, who replaced Fawaz Al Hasawi as owner, has been instrumental in the Reds’ progress, culminating in their return to the Premier League in 2022 after a 23-year absence.
According to *The Athletic*, Marinakis has invested a total of £162 million in the club over the past seven years. This figure includes the initial £50 million purchase price and an additional £112 million in funding. Despite the significant sum, this places Nottingham Forest 18th among Premier League clubs in terms of owner investment.
#### **Where Nottingham Forest Ranks in Premier League Investment**
Forest’s owner investment pales in comparison to the financial powerhouses at the top of the league. Chelsea, under BlueCo, leads the Premier League with a staggering £2.65 billion investment. Manchester City follows closely with £1.5 billion through the City Football Group, while Arsenal’s owners, Kroenke Sports and Entertainment, have committed £1.26 billion.
Here is a summary of owner investment across the Premier League:
1. **Chelsea (BlueCo)** – £2.65bn
2. **Manchester City (City Football Group)** – £1.5bn
3. **Arsenal (Kroenke Sports and Entertainment)** – £1.26bn
4. **Fulham (Shahid Khan)** – £938m
5. **Everton (Farhad Moshiri)** – £878m
6. **Manchester United (Glazer family)** – £845m
…
18. **Nottingham Forest (Evangelos Marinakis)** – £162m
19. **Brentford (Matthew Benham)** – £124m
20. **Ipswich Town (Gamechanger 20)** – £123m
(*Investment figures include purchase prices, shareholder loans, and debts converted to equity.*)
#### **Marinakis’ Commitment to Nottingham Forest**
Marinakis has demonstrated a clear commitment to the long-term stability and growth of the club. His tenure has included converting substantial debts into equity, which has been highlighted as a key aspect of his ownership strategy.
The Reds’ 2022/23 financial accounts revealed that £11 million in loans were converted into equity, following a similar move in the previous year, when £41 million was turned into shares. These actions, as stated in the accounts, “exemplified” the owner’s dedication to securing Forest’s financial future.
#### **Investments Beyond Financials**
In addition to direct financial contributions, Marinakis has focused on strategic investments in transfer fees and club facilities. The club has seen a significant number of smart acquisitions in recent transfer windows, often made with minimal expenditure. These moves have begun to bear fruit, as Nottingham Forest have had an encouraging start to the season under manager Nuno Espírito Santo.
#### **Looking Ahead**
Marinakis’ £162 million investment reflects his steadfast commitment to Nottingham Forest’s success. Although the Reds rank lower in terms of overall owner funding compared to many Premier League rivals, their strategic spending and prudent financial management have laid a solid foundation. As Forest continues to build on their positive start to the season, Marinakis’ long-term vision and investment in the club remain pivotal to their progress.
Alious
