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Nottingham Forest finally given some good news with owner Al-Hasawi confirming embargo to be lifted



Nottingham Forest have revealed they will have their transfer embargo lifted this summer as Kuwaiti owner Fawaz Al-Hasawi took to Twitter to address issues surrounding the Championship club.

al hasawial hasawi

“Our main goal right now is to stabilize our position in the Championship. We are trying our best to appoint the right manager for the next season. We appreciate your ongoing support towards the club.”

“It is important that we stick together as we have since day one in order to come through the challenging times. We are on track to appoint a CEO who can help drive this club forward. Good news as the embargo will be lifted in summer.”

The transfer embargo was imposed in December by the Football League after Forest broke Financial Fair Play rules.

Along with Fulham, they were sanctioned for making more than a £6million loss during the 2014/15 season. At the same time, Bolton were also given a transfer ban for not submitting a Financial Fair Play return.

With Forest struggling in the Championship after sacking their manager Dougie Freedman last month, their poor form continued last night as they lost 2-1 away at Reading despite taking the lead through Ben Osborn in the 41st minute of the game.

They have now lost 8 of their last 10 games in the league and Al Hasawi says he is feeling the fans’ pain:

“A big thank you to all our supporters once again and I promise to try my best to satisfy the happiness of our great fans. I don’t blame our fans for their disappointment and sadness as I would feel the same way if I was in their shoes.”

Forest Fans, what do you think of the club’s current plight? This surely is great news? Let us know your thoughts and opinions in the comments below!

ScoopDragon Football News Network

Article title: Nottingham Forest finally given some good news with owner Al-Hasawi confirming embargo to be lifted

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