Nottingham Forest Appeals Against Points Deduction
Nottingham Forest have lodged an appeal against the four-point penalty imposed last week for breaching Premier League financial rules.
Club’s Response to Points Deduction
Forest issued a terse statement confirming the course of action, in contrast to their lengthy and indignant response when the sanction was initially handed out on March 18th.
Appeal Lodged by Nottingham Forest
The club’s statement on Monday read: “Nottingham Forest can confirm that it has today lodged an appeal against the four-point sanction imposed by the Commission in relation to the Club’s breach of the Premier League’s Profit & Sustainability Rules (PSR). The club will not be making any further statement at this time.”
Impact of Points Deduction
The points deduction dropped Forest into the Premier League’s relegation zone, leaving them 18th with nine games to play.
Financial Breach Details
The Premier League said Forest admitted breaching profitability and sustainability rules (PSR) by £34.5 million above their permitted threshold of £61 million. Clubs are usually allowed maximum losses of £105 million over a three-year assessment period but this is reduced by £22 million per season for any seasons within the period spent in the Championship.
