The most recent Nottingham Forest news, as the Reds will be attending a meeting this week to discuss possible modifications to the financial regulations.
As they participate in a two-day conference amongst Premier League teams, Nottingham Forest will be keenly observing as this might be the catalyst for new financial regulations.
The Profitability and Sustainability Rules (PSRs) of the Premier League are allegedly being broken by Forest and Everton. Everton was docked 10 points for an earlier infraction, and both teams are awaiting a decision on the fresh accusations.
All 20 Premier League teams will hold talks this week to examine possible rule changes that would align the laws more closely with UEFA’s new policies. One of the primary causes of the league’s quiet January transfer window last month—which occurred as clubs reined on their spending—is the PSRs.
As of the now, teams are only allowed to lose a maximum of £105 million every three years. However, that may be abandoned in favor of UEFA’s more percentage-based method.
According to the I newspaper, all four English league divisions will be subject to the proposed new rules. Clubs who qualify for European competitions will only be able to spend 85 percent of their revenue on player salaries and transfer costs; for clubs that are playing in Europe, this cap drops to 70 percent.
It is further stated that although there won’t be a vote at this week’s meeting, it is feasible that the new regulations might be enacted in time for the approaching summer transfer window if they are approved.
Based on their existing standing, Forest is anticipated to be able to allocate 85 percent of their revenue to agent fees, wages, and transfer fees. Although the exact formula for calculating a transfer cost is still unknown, it is most likely to involve spreading the transfer money across the course of a player’s contract.
The plan may not make it past negotiations at this point because clubs will need to approve any modifications before they can be implemented. However, it appears that any new laws or restrictions could have an effect on Forest’s summer spending plan.
