By Andy Sambidge
Al Hasawi family says it chose Championship club despite offers to buy other big English clubs
Nottingham Forest's new Kuwaiti owners said on Saturday they have a long-term business plan and were targeting a return to the English Premier League.
They also said they chose to buy the Championship club despite having offers to take over many other big English football names.
Abdulaziz, Fawaz and Oman Al Hasawi visited the club on Saturday to give their first press conference during which Abdulaziz said getting the club back into the Premier League was their number one priority.
He added that an announcement of a new manager to replace sacked Steve Cotterill would be made "within a week" although former England coach Glenn Hoddle, reportedly a target, has not been approached.
"We are working very hard to get to the Premier League. It is very much our target, our ambition," said Abdulaziz.
The family stressed that the new manager will have full control over team affairs, with Fawaz telling reporters that a number of new players are being brought in on trial.
Earlier, in an interview with Nottinghamforest.co.uk, Abdulaziz said: "We are very excited. On behalf of myself, my brother Fawaz and my cousin Omar, we are privileged to be a part of this great club."
"We have been offered so many big clubs in the UK...but jumped at the chance to take over The Reds," he said.
He added: "We always study very carefully what we enter into. We found that Nottingham Forest were the best name for us."
He told the club's official website that the family had put together a long term business plan "to bring this club where it should be".
"It's going to take a lot of hard work, sacrifice and careful planning. We are well aware of the situation and willing to take the challenge.
"I would like to reassure our fans that things are back on track. I just need their patience and understanding about what happens in the future."
The family made its fortune in the refrigeration and air-conditioning business.
The club, which won the European Cup in 1979 and 1980, dropped out of the Premier League in 1999. It finished 19th in the 24-team Championship last campaign.
The acquisition of a football club gives Al-Hasawi automatic membership to an elite club of Gulf investors that own European football teams.
Abu Dhabi United Group Investment and Development Limited, led by Sheikh Mansour bin Zayed bin Sultan Al Nahyan, acquired Manchester City for a reported $321m in summer 2008.
Qatar Sports Investments bought a 70 percent stake in French football club Paris Saint-Germain (PSG) in June last year. The investment firm became the sole shareholder of the club after purchasing the remaining 30 percent stake in March.
Dubai’s Royal Emirates Group owns the Spanish La Liga side Getafe.For all the latest sports news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Good Luck to Nottingham Forest, lots of hard work to be done on the training field to build a team that gels, money does not buy success. The Championship is a tough division to get out of, and being an Ipswich Town supporter I know how difficult it is, especially this coming season with the likes fo Bolton, Blackburn and Wolves dropping down from the EPL.