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
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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.

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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
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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.

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