Nottmtails commented The Nottingham Forest takeover deal has collapsed

The Nottingham Forest takeover deal has collapsed. An American consortium led by John Jay Moores had sought to secure an 80 percent stake in the Championship club from Fawaz Al Hasawi, in a £50m deal.But the Reds' Kuwaiti chairman tonight said in a statement that he no longer felt the deal was "in the best interests" of Forest.Negotiations had begun back in October and the deal had been thought to be edging closer to completion, ahead of what would have been a bright new dawn for...