Former Nottingham Forest owner sues club over unpaid loans
7 May 2019
Fawaz Al-Hasawi, the former owner of Nottingham Forest FC, is suing the club in High Court for what he says is around £4.2 million in unpaid loans.
The lawsuit is a counterstrike to a legal case Forest are driving against Al-Hasawi.
The relationship between Nottingham Forest’s former owner, Fawaz Al-Hasawi, and the club itself is intensifying as the two parties are claiming they owe each other money.
Al-Hasawi, who sold the club to Greek shipping magnate Evangelos Marinakis in May 2017, has on Tuesday filed a lawsuit against The Reds, claiming the club owe him about £4.2 million in unpaid loans. His case will be heard in the High Court on the coming Tuesday and a decision is likely to be made by next week, according to Sky Sports.
Al-Hasawi purchased Forest in 2012 and oversaw nine different managers in a five-year period at the City Ground.
When Al-Hasawi sold the club, Nottingham Forest brought a legal case against him claiming unpaid money due from the sale.
According to Al-Hasawi, he was told that the liabilities of the club were approximately £6.6 million. In reality they were over £10 million, according to the club.
Forest disputed the claim in March according to The Telegraph and a spokesman for the club’s solicitors, Browne & Jacobson LLP, said:
“We can confirm that Nottingham Forest has commenced proceedings against Mr Al Hasawi and a related party claiming various sums that have become due and owing since the completion of the sale of the club in May 2017.
“Mr Al Hasawi has issued proceedings against the club in response. It would not be appropriate for us or the club to comment further on these proceedings until they are resolved.”