Grant Bovey considering a stock market flotation

Grant Bovey, the video entrepreneur who attempted to buy Nottingham Forest in conjunction with Lawrie Lewis, is considering a stock market flotation with a view to buying another football club, writes Nigel Cope. The flotation would see Cruise Holdings, which includes his Watershed Pictures video company, take a listing, probably on the Alternative Investment Market.

Mr Bovey did not disclose which clubs he might attempt to buy but said he had held "loose talks with a few".

His attempt to buy Nottingham Forest collapsed when Mr Lewis, his main backer, withdrew support at the last minute. He said he did not want any future bid for a club to be reliant on the backing of one person.