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Nottingham Forest have no shirt sponsor as no deal has been agreed with any potential partner.
Steve Cooper’s men saw their deal with BOXT expire at the end of last season.
The club turned down an offer from the boiler company to extend their partnership into their first Premier League campaign of the millennium.
Following that decision from the Forest owners, BOXT signed a deal to become Everton sleeve sponsors.
Are Nottingham Forest going to get a sponsor?
Nottingham Forest are certainly keen to secure a sponsorship agreement and the situation regarding the plain front of their shirts is not one they had planned for.
According to reports from the East Midlands, numerous deals have been close to being agreed but none have got over the line yet.
According to Sport Business, Forest chairman Evangelos Marinakis is holding for a ã10m-a-season deal and was willing to start the campaign without a sponsor if his demands were not met.
There has also been a restructuring which has seen the club only make two key commercial appointments in the first week of August.
Former Newcastle managing director Lee Charnley has been brought in by Marinakis to help push a deal through.
BOXT were the Nottingham Forest sponsors when they won promotion from the Championship in 2021/22
At the end of July, Sheffield Hallam University finance expert Dr Dan Plumley told Football Insider: âItâs ambitious. We have to look at benchmarks.
“West Ham and Evertonâs are around ã10m or ã11m. Newcastle and Leeds meanwhile are closer toward ã7.5m. That is the region weâre looking at.
âWe know betting companies will often pay more than non-betting companies.
“For a newly-promoted club, you are probably setting your sights towards ã6m or ã7m. So, Forest are going for above the benchmark there.
âThe risk is that the longer you go without naming a sponsor, the more likely it could backfire.
“Sponsors want to be involved in every game and we are nearly at the start of the season now.
âIf it does come off, fantastic. It would put them among the biggest deals in the Premier League. But there is a risk we canât ignore with this strategy.â
But according to Simon Chadwick, Global Professor of Sport at Emlyon Business School, more clubs could follow Forest’s approach in the near future.
He told The Athletic: âMany American investors believe Premier League football clubs are underselling themselves and their sponsorship assets are worth far more money than theyâre currently asking for.”;
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