Sports
Premier League in Europe: Could a club lose their European place once again?
Last year, Nottingham Forest owner Evangelos Marinakis placed the club into a blind trust in case they qualified for the Champions League.
That could have presented a conflict with his other club, Olympiakos.
With Forest in the semi-finals of the Europa League, once again they have a chance of being in the Champions League. And Olympiakos look like being in it too.
In a blind trust, relevant parties transfer their shares to independent trustees, whereby all the decision-making of the club will rest solely under the control of the third party.
The club are controlled through a company called NF Football Investments.
Until 28 February, Marinakis was the only person with significant control.
He was removed and it was passed to another company, Pittville Four Limited, controlled by Janet Lucy Gibson, Henry Peter Hickman and Eleanor Catherine Walsh.
Those three independent trustees were also added to the football club’s board, replacing Mighael Dugher, Simon Forster and Jonathan Owen.
Forest’s problem could be that the new additions had to pass the Premier League’s owners and directors test.
It was not until 17 April that Companies House was updated.
The Premier League’s register of directors, last updated on 2 April, still lists Marinakis, Dugher, Forster and Owen.
Will the lodging of the blind trust on 28 February be enough? Or would Uefa consider 17 April to be date the club were compliant?
Forest are adamant that control was officially relinquished by Marinakis on 28 February and they will have no issue with Uefa.
Two years ago, the CFCB accepted a blind trust to admit Manchester City and Girona to the Champions League, and Manchester United and Nice to the Europa League, satisfied that multi-cub ownership issues had been resolved.
However, at the time it stated that it “will not be bound by this alternative in subsequent seasons”.
Until the CFCB makes another ruling on a blind trust, there is no absolute certainty it would be accepted.
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