Nottingham Forest have failed with an appeal against their four-point punishment for breaching Premier League profit and sustainability rules.
The club's case was held on 24 April and an appeal board has upheld the original decision of an independent commission to impose the sanction.The Premier League's profit and sustainability rules permit clubs to lose £105m over three seasons - or £35m per campaign - but Forest's maximum loss was limited to £61m as they spent two years of the assessment in the Championship.
The club's net transfer spend in the 2022-23 season was £142.8m. They lost an average of £3m across 2020 and 2021 with a further £40m loss in 2022 and £52m in 2023, amounting to a total of £95m. Forest had been due to receive a six-point deduction - three points for the initial breach and a further three for the size of the breach - but their "early plea" and "cooperation" saw the ban reduced to four points.
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Nottingham Forest's appeal against four-point deduction to be heard in AprilNottingham Forest's appeal against their four-point deduction for breaking Premier League financial rules is set to be heard in the week commencing April 22. Forest were sanctioned in March for breaching profitability and sustainability rules (PSR) by £34.5million above their permitted threshold of £61million.
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