Evangelos Marinakis has suspended his involvement with Nottingham Forest to follow UEFA’s multi-club ownership regulations.
The Greek businessman, who also owns Olympiacos, has moved his Forest shares into a blind trust, according to the Telegraph.
This ensures no direct influence as both clubs aim for a place in next season’s European competitions.
UEFA prohibits clubs with shared ownership from playing in the same tournament. With Olympiacos already qualified for the Champions League and Forest chasing a top-five Premier League finish, action was needed before the April deadline.
Evangelos Marinakis, who took over Forest in 2017, is still backing the club behind the scenes. Co-owner Sokratis Kominakis is returning to the board to help lead future plans.
Forest join a growing list of clubs, like Manchester United and Manchester City, making similar changes due to UEFA’s strict ownership rules.
