US journalist bids for Nottingham Forest
Saturday 01 February 1997
Mr Scardino's consortium is backed by Mercury Development Capital and Electra, the investment trust. Mr Scardino, whose wife Marjorie is the new chief executive of the Pearson media group, will hold a minority stake. It is understood that the group hopes to seek a stock market listing "when appropriate".
The move means there are two definite bids for Forest on the table. The Nigel Wray-Phil Soar offer, worth around pounds 17m, will be voted on by shareholders at a meeting on 24 February. Both bids could now be discussed at the same meeting.
It seemed yesterday that the video entrepreneur Grant Bovey had not made a formal bid. He was being backed by Lawrie Lewis, the Blenheim Exhibitions founder.
The Nottinghamshire consortium fronted by Sandy Anderson did not re-enter the fray.
- 1 Kim Jong-un shows off airport designed by architect he likely had executed
- 2 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 3 Why it matters 26 million people have changed their Facebook profile picture to a rainbow flag
- 4 German ethics council calls for incest between siblings to be legalised by Government
- 5 Fifty Shades of Grey author E.L James's Twitter Q&A didn't go exactly as planned
Michael Douglas regrets 'embarrassing' Catherine Zeta-Jones with oral sex comments
Kim Jong-un shows off airport designed by architect he likely had executed
Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
Ex-Scientologist Carmen Llwyelyn blasts 'cult' and her treatment after divorce with Jason Lee
Tunisian builder has been hailed a hero after knocking gunman to the ground with roof tiles
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Extend Right To Buy to tenants of private landlords, Labour's Jeremy Corbyn says
David Cameron struck double blow in his hopes to win Britain a new EU deal
Pentagon accuses Russia of 'playing with fire' over nuclear threats towards Nato
iJobs Money & Business
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...
£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...
Negotiable: Recruitment Genius: This extremely successful and well-established...
Competitive with monthly bonus: Guru Careers: We are seeking an experienced FX...