Nottingham Forest have been handed a four-point deduction after breaching the Premier League’s profitability and sustainability rules (PSR).
After reporting losses that exceeded the permitted amount in the three seasons up to and including the 2022/2023 campaign.
Premier League clubs can lose £105m over three seasons – £35m per campaign – but, because Forest spent two years of the assessment period in the Championship, their maximum loss was only permitted to be £61m. The league’s rules state any appeals process should “conclude no later than and if possible some time before 24 May”, five days after the final day of this season.
Forest were charged in January and the Premier League said in a statement that both they and Everton “confirmed that they are in breach of the league’s profitability and sustainability rules”.
Forest, who hired leading sports lawyer Nick de Marco to defend them, are thought to have based their case around the sale of Brennan Johnson to Tottenham Hotspur in September. The move, worth more than £45m, took place after the accounting deadline but Forest argues selling Johnson at a later date allowed them to earn a higher fee than if they had sold him by 30 June.
The deduction drops Nuno Espirito Santo’s side down into the relegation zone of England’s top flight, with Luton climbing a place to 17th.
If Forest appeals, their case must be heard and concluded by 15 April.
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