Latest Nottingham Forest news as Reds hit with points deduction for Profitability and Sustainability Rules breach
Nottingham Forest have expressed their “extreme disappointment” over their points deduction for breaking financial rules.
“The Club considers it to be essential for the integrity of the league to have charges resolved in the season in which they are issued. We were extremely dismayed by the tone and content of the Premier League’s submissions before the Commission. "Even after the Club had missed the PSR reporting deadline, it still took steps to ensure Brennan Johnson was sold before the end of the transfer window. That was a clear demonstration of our respect and support for PSR.
“The rationale of the Commission is that clubs should only invest after they have realised a profit on their player development. This reasoning destroys mobility in the football pyramid and the effect of the decision will be to drastically reduce the room for manoeuvre for all such clubs, leading to the stagnation of our national game.
"Nottingham Forest was referred to an independent Commission on 15 January, following an admission by the club that it had breached the relevant PSR threshold of £61 million by £34.5 million. The threshold was lower than £105 million as the club spent two seasons of the assessment period in the EFL Championship.
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