Nottingham Forest -4pt for finance breach

Comments · 198 Views

Nottingham Forest -4pt for finance breach

On Monday, the Premier League announced that Replica Nottingham Forest Football Shirts has been docked four points for violating Profit and Sustainability rules (PSR), pushing the team into the relegation zone.

Forest had 25 points after 29 games this season, but after Monday's deduction they will drop to 21 points and move them into 18th place, one-point behind Luton Town.
It is the second points deduction in the Premier League this season after Everton were docked 10 points -- reduced to six after appeal -- for PSR breaches and face further punishment for another breach of the same time period as Forest.

"The independent Commission determined the sanction following a two-day hearing this month, at which the club had the opportunity to detail a range of mitigating factors. The Commission found that the club had demonstrated 'exceptional cooperation' in its dealings with the Premier League throughout the process," the Cheap Premier League Soccer Jersey said in a statement.

The independent commission's report said Forest's charge warranted a six-point penalty but was reduced to four points after mitigation, which included an early plea and meaningful cooperation with the investigation.

Forest said they were "extremely disappointed" with the decision in a club statement published later on Monday.

"We were extremely dismayed by the tone and content of the Premier League's submissions before the Commission," it said.

"After months of engagement with the Premier League, and exceptional cooperation throughout, this was unexpected and has harmed the trust and confidence we had in the Premier League.

"That the Premier League sought a sanction of eight points as a starting point was utterly disproportionate when compared to the nine points that their own rules prescribe for insolvency."

Premier League regulations stipulate that a club can lose no more than £105 million ($133.6m) over a three-year period.

The rules apply differently to Forest, owing to the fact that they were in the second-tier Championship until 2022, where clubs are permitted a maximum loss of £39m ($49.6m) across three seasons or £13m ($16.6m) per season, meaning their permissible losses over the last three campaigns would add up to £61m ($77.7m).

Forest were charged in January for breaching those regulations over the period ending in the 2022-23 season.

Forest set a record with 21 transfers upon their 2022-23 Premier League promotion.
In a recent statement from the Premier League, Nottingham Forest were docked four points for breaching Profit and Sustainability Rules (PSR), sending them into the relegation zone. Forest initially had 25 points this season, but points deductions saw them drop to 21 points, leaving them in 18th place, just one point behind Cheap Luton Town Football Shirts. This is the second time points have been deducted in the league this season after Everton were punished for similar violations. An independent committee recognized Forest's cooperation and reduced the penalty from the recommended six points to four. The Forest team expressed disappointment with this decision, believing that they did not adhere to the rules well and gave in to interests, and the fans were also disappointed. said the severity was unexpected given their extensive contact and cooperation with the alliance. Prior to this, Forest set a transfer record of 21 transfers when they were promoted to the Premier League in the 2022-23 season.