Evangelos Marinakis

Evangelos Marinakis Legendary Owner of Nottingham Forest FC

Olivia Simmmons No Comments

Nottingham Forest Football Club is a well-known football club based in Nottingham, England. From its past, it is perhaps best known for the Brian Clough era when the team did very well indeed. As such Clough has gone down as a legend in the history of the club, and in Nottingham itself. There are statues of him in Nottingham, and a road named after him. Another legend associated with Nottingham Forest is its latest owner Evangelos Marinakis. He is also an owner of Olympiacos, the most successful football club in Greece. Olympiacos’ nickname is The Legend. Since being a child Marinakis has always been passionate about football, so it seems natural that when Nottingham Forest became available to purchase, that he would take that opportunity. The red and white colors of the players uniform are similar to that of Olympiacos in Greece, which adds to the affinity.

Evangelos Marinakis is a Greek businessman who owns a shipping company and media company. His 100% takeover of Nottingham Forest FC was approved by the English Football League (EFL).  Since taking over as the owner of Nottingham Forest on the 18th May 2017, he has become a really popular figure associated with the club and is perceived positively. This is down to his personality and his amazing communication skills. Evangelos Marinakis has worked hard since becoming an owner, and in a short time, has won over the fans, and former players. He implemented a 10% reduction in the price of the season ticket, and this was very popular with Nottingham Forest supporters, and has meant that far more fans are able to attend the games; this is important to Marinakis who believes that sport should be available to everyone, with no discrimination. By June 2017, almost 16,000 season tickets had been sold. Marinakis described the fans as the ‘life-blood’ of the club and said that he really hoped Nottingham Forest FC would move forward with the support of the fans.

Marinkas was keen to connect with the club’s past and heritage and have all ex-professional football players feel very welcome. It’s a sensible move because these ex-players are very dear to the heart of fans. It also makes the previous players feel like they were highly valued and appreciated for their commitment to the club. John Robertson has said that in the past ex-players have sometimes felt a bit neglected and that no previous owners have ever attempted to meet with ex-players until Evangelos Marinakis came along. It has also been mentioned that a trust fund would be set up to support ex-players. A celebration was also planned to celebrate the 40th anniversary of Forest’s European Cup victories.

Since taking over as owner at Nottingham Forest, Evangelos Marinakis has taken a no-nonsense approach; it was well-publicized in the media that he fined his Greek football players from Olympiacos because they didn’t achieve good results. He sent the players on holiday and replaced them instead with players from the under 20s team. This shows him to be firm but fair and expects good performance from his players. Whilst this was done to Olympiacos and not Nottingham Forest; it serves as a warning to Nottingham Forest to up their game too, for fear that he would do the same there.

Evangelos Marinakis has invested a lot of money into Nottingham Forest Football Club to try and make it the best it can possibly be. He gave manager Aitor Karanka money for transfers which allowed him to bring in 10 new signings; he has also enabled the refurbishments of the City Ground, which should make the experience for the fans that bit more comfortable and enjoyable. Renovations have been made to the Robin Hood Suite, the executive boxes, and the Castle Club.

Forest have recently had eight new signings, and amongst these was the 15m euro club record signing Joao Carvalho and his teammate from Benfica to Diogo Goncalves. It is clear that Marinakis intends to get Nottingham Forest into the Premier League.  Evangelos Marinakis has spent money on attracting better players to the club, with the hope that the club will perform well. Fans can see how serious Evangelos Marinakis is about wanting the club to succeed. When he first took over the club, he had spoken about the two starts that appear of player’s shirts, and on the club’s logo; the stars representing the club’s European Cup successes. People have started to wonder though, with all the money that Marinakis has invested whether he’ll continue to give the current manager Aitor Karanka time to get the team into shape, or will he be given the axe.

Nottingham Forest’s Chairman was very keen to show his support for Evangelos Marinakis, after he’d been incorrectly linked to various criminal activities in Greece, that ranged from match-fixing to allegations of heroin smuggling.  Evangelos Marinakis always denied any wrongdoing, and he was cleared of ALL allegations because they had been completely fabricated without a shred of evidence to support them. The accusations had been made up by jealous opponents with the intention of discrediting him. The Chairman said, “I have no hesitation in confirming that I have no doubt at all that Mr. Marinakis remains a fit and proper person to be the joint owner of Nottingham Forest Football Club.” He continued to say that Evangelos Marinakis had never been convicted of anything, anywhere in the world. There were no charges against Marinakis, no prosecution and in fact other people had been arrested for the crimes.

In the past, Marinakis has done a lot of charitable and philanthropic work via the football club Olympiacos in Greece. It seems like he will continue this tradition of using sport for the good of the community or those in need of help, with Nottingham Forest. In August 2018 Nottingham Forest FC and their fans supported Greece when Greece was hit by wildfires. In July the Attica region of Greece was hit by wildfires near Athens, 93 people sadly died. Evangelos Marinakis himself donated 1 million Euros, and the fans also donated too via a fundraising account.

 

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Evangelos Marinakis

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Evangelos Marinakis was born in Piraeus, Greece on 30 July 1967. He is the only son of Miltiadis Marinakis and Irini Marinaki (née Karakatsani). His father, Miltiadis Marinakis, was a shipowner, a Member of the Greek Parliament[5] and, at times, a financial supporter of Piraeus football club, Olympiacos. Evangelos Marinakis earned a B.A. in ‘International Business Administration’ and an M.Sc. in ‘International Relations’ in London.[6]

Shipping Career

Marinakis is the founder and chairman of Capital Maritime & Trading Corp.[7] From March 2010 until September 2011, he also served as Chairman and Chief Executive Officer of NYSE-listed Crude Carriers Corp.[8] Between March 2007 and December 2014[9] he was chairman of Capital Product Partners L.P. (NASDAQ:CPLP). From 1992 to 2005, Marinakis was the commercial manager of Capital Ship Management Corp. and oversaw the businesses of the group of companies that now form Capital Maritime. For the past decades, he has also been active in several other family-controlled businesses all related to the shipping industry.

Awards & distinctions

Having “grown his shipping empire from the small company he took over from his father, which controlled seven bulk carriers”,[11] he is regarded as one of the most important and influential shipping personalities worldwide. He was included in the Lloyd’s List “One Hundred Most Influential People in the Shipping Industry” list, ranking 66th in 2017,[12] ranking 61st in 2016,[13] ranking 65th in 2015,[14] 67th in 2014, 73rd in 2013[15] and 84th in 2012. He was also included in the TradeWinds “Power 100″ list of the ‘top shipowners and operators”, ranking 31st in 2012[16] and 75th in 2010.[17] In 2014[18] and 2010[19] he was awarded the “Newsmaker of the Year” award at the annual Lloyd’s List “Greek Shipping Awards”,[20] while in 2009 his company, Capital Ship Management Corp. was awarded the “Tanker Company of the Year” award.[21] In 2016, he was awarded the first ever “Xenakoudis Excellence in Shipping Award” by the International Registries, Inc./The Marshall Islands Registry.

In November 2017, Marinakis received the Lloyd’s List “Greek Shipping Personality of the Year” Award at a special ceremony in Athens. Nigel Lowry of Lloyd’s List said Marinakis was the “outstanding candidate” for the award and noted his $1 billion investment in fleet capacity in 2017, his “dynamic dealmaking” in the shipping sector, as well as a range of other activities across philanthropy, sports and media.

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