25 March 2024 - 5:25 PM


IMAGO | Evangelos Marinakis pictured at the Racial and Gender Equity in European Football Conference in Nottingham on 31st January 2024

Nottingham Forest's promotion triumph: Short-term victory, long-term questions

  • Marinakis took over the club in 2017 and invested over €100 million in the first five years of ownership, ultimately resulting in promotion to the EPL.
  • Club’s focus across his time has been in spending on players – and a recent points deduction may see them become a victim of their own strategy.
  • Why it matters: Plans are afoot to improve club infrastructure but, given activity to date, it seems unlikely the money will be there unless club stays in the EPL.
  • The perspective: English clubs outside the top tier regularly rack up big losses in pursuit of EPL status but run the risk of seeing the resultant riches spent solely on attempts to survive relegation.

As the final whistle blew on a cool day at the end of May, the eyes of the world turned to Steve Cooper. Appointed eight months earlier with Nottingham Forest propping up the rest of the EFL Championship, now Cooper had overseen the most unlikely of promotions. As his players sunk to the turf at the end of their play-off final victory, their manager’s joy was obvious; the fans in the Wembley stands even more so.

That victory nearly two ye

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