December 22, 2024

The most recent accounting for Nottingham Forest are available.

The Reds’ 2022–2023 financial records, which extend until June 30, 2023, are available on Companies House. The club’s revenue increased to £155 million, primarily because of a significant boost in TV money to around £125 million from being in the Premier League, according to a 44-page document.

After paying £147 million in salary for new hires, Forest made £170 million from player sales. Operating losses for the club went from £51 million to £62 million.

Evangelos Marinakis is “committed to the long-term future of the club and its funding,” according to the annual report. It also mentions the team’s violation of Premier League financial regulations, which resulted in a four-point deduction that Forest is contesting.

The statement said, “On January 15, 2024, the Premier League determined that Nottingham Forest had violated the Profit & Sustainability regulations with regard to the financial information provided for the three-year period ending in June 2023.” “The Premier League and the Football Club are collaborating closely to reach a mutually agreeable resolution to the ongoing proposed breaches.”

Leave a Reply

Your email address will not be published. Required fields are marked *