{"id":527868,"date":"2023-09-18T10:41:21","date_gmt":"2023-09-18T09:41:21","guid":{"rendered":"https:\/\/www.footballinsider247.com\/?p=527868"},"modified":"2023-09-18T10:41:27","modified_gmt":"2023-09-18T09:41:27","slug":"kieran-maguire-nottingham-forest-set-for-big-ffp-boost-as-14m-deal-agreed","status":"publish","type":"post","link":"https:\/\/www.footballinsider247.com\/kieran-maguire-nottingham-forest-set-for-big-ffp-boost-as-14m-deal-agreed\/","title":{"rendered":"Kieran Maguire: Nottingham Forest set for &#8216;big&#8217; FFP boost as \u00a314m deal agreed"},"content":{"rendered":"\n<p><strong>Nottingham Forest have boosted their recruitment budget by signing a \u00a314million front-of-shirt sponsorship deal.<\/strong><\/p>\n\n\n\n<p>That is the view of finance expert Kieran Maguire, who exclusively told <strong>Football Insider <\/strong>that Forest &#8216;overpriced&#8217; themselves when looking to strike a similar deal last season.<\/p>\n\n\n\n<p>Forest <a href=\"https:\/\/www.nottinghamforest.co.uk\/news\/2023\/august\/30\/forest-announce-kaiyun-sports-as-front-of-shirt-partner\/\">announced<\/a> at the end of August that they have struck a two-year deal with Kaiyun Sports to become the club&#8217;s new front-of-shirt sponsor.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"703\" src=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/06\/GettyImages-1394579890_1200x824-1024x703.jpg\" alt=\"\" class=\"wp-image-429731\" srcset=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/06\/GettyImages-1394579890_1200x824-1024x703.jpg 1024w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/06\/GettyImages-1394579890_1200x824-300x206.jpg 300w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/06\/GettyImages-1394579890_1200x824-768x527.jpg 768w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/06\/GettyImages-1394579890_1200x824-1140x783.jpg 1140w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/06\/GettyImages-1394579890_1200x824-750x515.jpg 750w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/06\/GettyImages-1394579890_1200x824.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Steve Cooper&#8217;s side had no shirt sponsor during the 2022\/23 season after it was revealed that the club wanted a deal worth \u00a310million per season.<\/p>\n\n\n\n<p><strong>Football Insider <\/strong>revealed on Thursday (14 September) that <a href=\"https:\/\/www.footballinsider247.com\/revealed-nottingham-forest-secure-14m-boost-as-controversial-deal-agreed\/\">the Kaiyun Sports deal is worth \u00a314million over two years &#8211; below Forest&#8217;s initial asking price<\/a>.<\/p>\n\n\n\n<p>Maguire believes the \u00a37million-a-year deal is a &#8216;benchmark price&#8217; for Forest.<\/p>\n\n\n\n<p>&#8220;<em>I think this deal gives Nottingham Forest some certainty<\/em>,&#8221; Maguire told <strong>Football Insider&#8217;s <\/strong>Sean Fisher.<\/p>\n\n\n\n<p>&#8220;<em>I think they overpriced themselves last season by asking for \u00a310million for the same type of deal.<\/em><\/p>\n\n\n\n<p>&#8220;<em>There wasn\u2019t anyone willing to snap their hands off at that price, especially as they had such a modest start to the season.<\/em><\/p>\n\n\n\n<p>&#8220;<em>It counts towards FFP, and it is well-known that Forest have been very busy in the transfer market since their promotion.<\/em><\/p>\n\n\n\n<p><em>&#8220;So it will give their recruitment budget a big boost, especially if they sign players on longer-term contracts so amortisation will reduce the costs.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"703\" src=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/08\/GettyImages-1203977476_1200x824-1024x703.jpg\" alt=\"Nottingham Forest\" class=\"wp-image-446274\" srcset=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/08\/GettyImages-1203977476_1200x824-1024x703.jpg 1024w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/08\/GettyImages-1203977476_1200x824-300x206.jpg 300w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/08\/GettyImages-1203977476_1200x824-768x527.jpg 768w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/08\/GettyImages-1203977476_1200x824-1140x783.jpg 1140w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/08\/GettyImages-1203977476_1200x824-750x515.jpg 750w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/08\/GettyImages-1203977476_1200x824.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>&#8220;<em>A deal worth \u00a37million per season for a club of Forest\u2019s stature is what I\u2019d call a benchmark price.<\/em><\/p>\n\n\n\n<p>&#8220;<em>They\u2019re not selling themselves short, but they\u2019re also not extracting above market rates which is what I think they were trying to do last season.<\/em>&#8220;<\/p>\n\n\n\n<p>In other news, <a href=\"https:\/\/www.footballinsider247.com\/andre-ayew-major-update-on-sheffield-united-swoop-for-ex-nottingham-forest-star-sources\/\">Major update on Sheffield United swoop for ex-Nottingham Forest star<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nottingham Forest have boosted their recruitment budget by signing a \u00a314million front-of-shirt sponsorship deal. That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that Forest &#8216;overpriced&#8217; themselves when looking to strike a similar deal last season. Forest announced at the end of August that they have struck a two-year deal <em>&#8230;<\/em><\/p>\n","protected":false},"author":80,"featured_media":527545,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverart":"\"\"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_sections":"\"\"","_grv_disable_ads":false,"grv_featured_categories":""},"categories":[4,1648,18923],"tags":[755],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts\/527868"}],"collection":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/users\/80"}],"replies":[{"embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/comments?post=527868"}],"version-history":[{"count":2,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts\/527868\/revisions"}],"predecessor-version":[{"id":527890,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts\/527868\/revisions\/527890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/media\/527545"}],"wp:attachment":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/media?parent=527868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/categories?post=527868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/tags?post=527868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}