Forest face dual challenge
Submitted by WG on Thu, 15/12/2011 - 04:06
Currently in the relegation zone in the Championship, Nottingham Forest are also facing challenges off the pitch. They made a £11m loss in the last financial year and owner Nigel Doughty is unwilling to put in any more money. What is particularly worrying is that their wages to turnover ratio exceeds 100 per cent.
Against a bleak economic climate, which will become worse if the eurozone topples over, there are plenty of loss-making clubs available for sale and relatively few purchasers. Forest have a great history and considerable potential, but they may not be enough to lure an investor.
