Nottingham Forest signed Hwang Ui-jo on Friday evening and perhaps this highlights a changing of the guard.

The Reds for so long have been seen as the feeder club in Forest’s relationship with Olympiacos.

Now, it would appear that the Reds have become the senior affiliate, with the striker heading straight to the Greek champions on loan.

In truth, Evangelos Marinakis has always given his all when it comes to doing what’s best for Nottingham Forest.

Ui-jo signed for Forest
(Photo; JUNG YEON-JE; AFP; Getty Images)

Under the restraints of financial fair play in the Championship, it was always going to be tough for an ambitious owner.

Marinakis always tried to bring the best players to the football club but spending millions on single players simply wasn’t always an option.

Last year, the club relied on loan deals. Those temporary arrangements helped the club end 23 years of hurt and reach the Premier League.

Now, with 16 new players already added, Hwang has been announced as a Forest player. Kind of.

The man with 45 caps for South Korea has immediately joined Olympiacos and this looks like a good, albeit intriguing move.

Hwang is 29-years-old and scored 11 goals for Bordeaux in Ligue 1 during the 2021/22 campaign.

Forest have forked out the £3.5 million to sign him but it seems likely that Olympiacos will foot the player’s salary during his loan.

With that in mind, this deal looks like a decent one from a business point of view and this kind of arrangement might become commonplace.

Ui-jo signed for Forest but will he ever play for the Reds?

This does remain to be seen and it’s the top of conversation among the club’s supporters.

Hwang will be 30 on Sunday and if Forest stay in the Premier League, it does remain a mystery whether he will play for the Reds.

With Marinakis ambitious, it’s likely that Forest will strengthen again next summer, especially if their top-flight status stays intact.

The owner has delighted the fan base this summer and this deal shouldn’t see him attract criticism.

Ui-jo signed for Forest
(Photo; Chung Sung-Jun; Getty Images)

This is a modern-day transaction and one that seemingly works for all parties at this stage.

Olympiacos may well be close to financial fair play and this deal gives Carlos Corberan a striker for his squad with zero cost coming out of the transfer budget.

It always seemed likely that Marinakis would be in his element if Forest got promoted and this deal suggests that he’s fully focused on taking the Reds even further as a football club.

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