Stefan Borson: Evangelos Marinakis could bankroll Nottingham Forest stadium expansion

Evangelos Marinakis Could Put His Hand in His Pocket to Finance Nottingham Forest Stadium Expansion

Nottingham Forest owner Evangelos Marinakis is poised to personally fund a major expansion of the City Ground, transforming the club's historic stadium into a 52,000-capacity venue. The Greek shipping magnate has committed significant investment to deliver a sustainable and iconic design, with planning applications recently submitted to Nottingham City Council.[3][4][5]

The ambitious project centers on a colossal new 15,000-seat Peter Taylor Stand, towering 58 meters high along the riverfront. This developer-led redevelopment would boost capacity from the current 30,628 to over 50,000, adding roughly 21,500 seats. Football finance expert Dr. Dan Plumley hailed the plans as "very impressive" and "sensible," projecting an extra £20 million in annual matchday revenue—more than doubling Forest's 2024 figure of £14.4 million. At £50 per additional ticket, this could generate £1 million per matchday at full capacity.[1]

Costs have escalated dramatically, now estimated at £130 million due to rising construction fees, leaving Marinakis as the primary financier. His involvement reignited hopes since taking over in 2017, coinciding with on-pitch success and European football's return after 30 years. Trusted aide Constantinos Chatimmanolus helped refine bolder proposals after earlier bids faltered.[2]

Marinakis' backing underscores his ambition for the two-time European champions. The expansion promises financial upside amid Premier League financial pressures, enhancing commercial viability and fan experience at the 120-year-old home on the River Trent banks.[1][2][4]

Club statements emphasize the project's role in modernizing the venue while preserving heritage, positioning Forest for sustained success.[3][5] Approval could mark a new era, with Plumley noting risks but clear rewards in revenue growth.

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