Nottingham Forest Gets Four-point Deduction For Breaching Premier League Financial Rules

Nottingham Forest's difficult season has been made worse by the points punishment over financial offences
March 18, 2024
GDdU XEAAK m

Super Eagles striker Taiwo Awoniyi is expected to redouble his goal-scoring exploits as his club, Nottingham Forest are in serious danger of getting relegated this season, reports Prime Business Africa.

The Premier League strugglers have been docked four points for breaching Premier League profit and sustainability rules.

Join our WhatsApp Channel

An independent commission established by the football ruling body in the UK on Monday found Forest’s losses to 2022-23 breached the threshold of £61m by £34.5m.

The consequences of losing the points means Taiwo Awoniyi’s club have now dropped below Luton Town into the murky Premier League’s relegation waters.

Following the announcement, Forest said they are “extremely disappointed” with the decision, which they say “raises issues of concern for all aspirant clubs”.

A club statement read: “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.”

Forest are the second top-flight team to be penalised for PSR breaches after Everton lost 10 points in November, which was reduced to six on appeal.

READ ALSO: The Big Money Probe: What Lies Ahead For Man City As Relegation From Premier League Haunts Treble Kings? 

The City Ground club, who are likely to appeal against the ruling, had a hearing on 7-8 March.

Premier League clubs can lose £105m over three seasons – £35m per campaign – but Forest’s maximum loss was only permitted to be £61m because they spent two years of the assessment period in the Championship.

izu
+ posts

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

Izuchukwu Okosi

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

ADIS 2024 Harnesses Entrepreneurial Spirit For African Development
Previous Story

ADIS 2024 Harnesses Entrepreneurial Spirit For African Development

PeacePro Berates Global Peace Index for Categorizing North Africa With Middle East 
Next Story

PeacePro Urges AU, ECOWAS To Support Niger’s Ejection Of Foreign Military

Featured Stories

Latest from News

Soludo Re-elected in Anambra as APGA Secures Second Term

Incumbent Governor Chukwuma Charles Soludo of the All Progressives Grand Alliance (APGA) has been re-elected in the 2025 Anambra State governorship election, official results from the Independent National Electoral Commission (INEC) confirm. Soludo garnered 422,664 votes, comfortably defeating his closest rival, APC’s
ADIS 2024 Harnesses Entrepreneurial Spirit For African Development
Previous Story

ADIS 2024 Harnesses Entrepreneurial Spirit For African Development

PeacePro Berates Global Peace Index for Categorizing North Africa With Middle East 
Next Story

PeacePro Urges AU, ECOWAS To Support Niger’s Ejection Of Foreign Military

Don't Miss

Optiva Capital Partners Launches Diaspora Investor Direct Investment

Optiva Capital Partners Launches Diaspora Investor Direct Investment

Optiva Capital Partners Limited has launched a new product tagged

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th June 2025

What is the dollar-to-naira exchange rate on the black market,