Tue Nov 01, 2016 7:32 pm
NOTTINGHAM FOREST NEAR TAKEOVER
01/11/16
Sky sources understand American businessmen John Jay Moores and Charles Noell are close to completing a takeover of Nottingham Forest.
Moores is the former owner of Major League Baseball franchise San Diego Padres, and has shown interest in the past in buying both Everton and Swansea.
The deal, which could be completed within a month, is at "an advanced stage" and is worth around £50m.
Current owner and chairman Fawaz al Hasawi had stated he wanted to maintain a 20% stake in the club, but it's now thought he's prepared to walk away, maintaining no interest at the City Ground.
Forest have won one in 10 in the Championship this season.