Latest Nottingham Forest news as Reds face big summer transfer window after Profitability and Sustainability Rules breach
Nottingham Forest's focus is firmly on securing survival in their remaining two games but attention will soon turn to a big summer window.
The independent commission’s written reasons for the points deduction after the Reds' original hearing explained how the club made a loss of £40m in financial year 2022 and a loss of £52m in 2023 by £34,536,000, which Forest has now admitted in full.” Football finance expert Kieran Maguire told NottinghamshireLive last month after the verdict from the first hearing was delivered: “If we take a look at the report, it said they lost £40m in 2022 and £52m in 2023. Add those two together and it means they are already above the limit before we take into account what happens in 23/24.”
“If we assume the losses of £12-17m includes the Brennan Johnson sale, it would appear that a sale of another player before June 30, given that the commission rejected sales after June 30 in respect of Johnson, is needed. It would appear they are going to have to sell somebody before the end of the financial year.
“Leicester were relegated, having been in the Premier League, “ Maguire explained. “The EFL said, you’ve exceeded the limit so we want to put you into a business plan, which would have forced them to sell some more players.
Nottingham Forest Transfer News Summer Transfer Window Transfer Deadline Day January Transfer Window Financial Fair Play Morgan Gibbs-White Murillo Barclay's Premier League Football League Championship
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FFP appeal highlighted as Nottingham Forest sent survival messageLatest Nottingham Forest news from NottinghamshireLive as Reds fans react to the vital victory at Bramall Lane
Read more »
Nuno hits out at FFP 'mess' as Nottingham Forest appeal verdict drags onLatest Nottingham Forest news as Reds await outcome of appeal hearing over four-point deduction
Read more »
Clarity can benefit Nottingham Forest as club await FFP appeal hearing verdictLatest Nottingham Forest news as Reds await outcome of appeal hearing over points deduction for FFP breach
Read more »
Move to cap Premier League spending opposed as Nottingham Forest await FFP fateLatest Nottingham Forest news from NottinghamshireLive as latest bid to reform Premier League spending regulations that snared Forest and Everton hits huge barrier even as clubs back plan
Read more »
Nuno awaiting outcome of Nottingham Forest appeal over FFP points deductionLatest Nottingham Forest news as Nuno Espirito Santo's Reds beaten 2-0 by Manchester City at the City Ground
Read more »
Nottingham Forest FFP points deduction update emerges as appeal timeline setThe latest Nottingham Forest news as the Reds are set to have their appeal against a four-point deduction heard next week
Read more »