March 26: Nottingham Forest, a team in the English Premier League, has filed an appeal against the four-point punishment that was handed down by the league last week for violating the financial regulations of the tournament.
The club posted a brief statement on its website stating, “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.”
“At this time, the club will not be issuing any additional statements.”
After acknowledging that they had over the PSR level of £61 million by £34.5 million, Forest was deducted points on March 18.
In response, Forest stated at the time that they were “dismayed by the tone” of the Premier League’s argument and “extremely disappointed” by the verdict.
In a statement at the time, Forest stated, “We believe that the Premier League did not reciprocate the high levels of cooperation the club has shown during this process, which are confirmed and recorded in the commission’s decision.”
They fell into the relegation zone as a result of the four-point deduction, one point behind Luton in 17th place and four behind Everton.
Over a three-year evaluation period, Premier League clubs are typically permitted a maximum loss of £105 million; however, this amount is lowered by £22 million for each season that a team spends in the tier-2 Championship.
After a 23-year hiatus, Forest was promoted back to the Premier League in May 2022. During their three-year assessment period, two of those seasons were spent as a Championship club.
They are the second elite team to receive a penalty for violating the Profit and Sustainability Rules (PSR) this year, following Everton, who received a 10-point penalty in November that was subsequently lowered to six points on appeal.
The commission that punished Forest stated that the club had committed a “serious” violation.
The four-point penalty is meant to be fair to the other teams rather than to punish Forest specifically. It also serves to reassure the public that when a club makes the kind of investments Forest did in order to compete in the Premier League, it still needs to meet the PSR requirement for
