Nottingham Forest owner explains why players and staff have been paid late

Forest City Ground

Forest owner blames delay on national holidays in Kuwait.

Nottingham Forest owner Fawaz Al Hasawi has confirmed all players and staff have now been paid for the month of February.

The Telegraph reported earlier in the day that Forest had failed to make the scheduled payment on time.

Al Hasawi has now released a statement on the official club website confirming the required transactions have now gone through, and explained the reason for the delays.

Here is what he had to say: "I would like to confirm that all player and staff wages have been paid for the month of February.

"A slight delay in these payments occurred due to national holidays in Kuwait, which meant the banks were closed for a period of time.

"I have the utmost respect for all our players and staff, who work very hard for the good of the club."

The news about late payment was concerning due to the fact Forest posted their financial records last week, with annual loss of £21.5 million, and an overall debt of £67 million, reported by SkySports.

Results on the pitch have recently taken a downturn too after a lengthy unbeaten run, Forest have now posted three consecutive defeats, with a 2-1 loss at the City Ground against Bristol City at the weekend.

If the financial error was simply a hiccup and is not repeated then it will quickly be forgotten but if there are any other delays to payment then this could be viewed a negative for the players, should any be considering moving on in the summer.

Register for HITC Sport - Daily Dispatch