MANCHESTER, March 19 — Nottingham Forest have been thrust into the Premier League relegation zone after being hit with a four-point deduction for breaches of financial rules,...
Forest fans display banners marking the 50th anniversary of the club’s crest ahead of kick-off in the English Premier League football match between Nottingham Forest and Manchester United at The City Ground in Nottingham, central England April 16, 2023. Nottingham Forest have been given a four-point penalty for breaching the Premier League’s financial regulations, according to reports on March 18, 2024.
There are a number of deductions allowed for spending on costs that are deemed to be in the general interest of the club and the game.Financial sustainability rules are designed to limit clubs to spend within the means of what they generate in revenue. Forest breached their cap by £34.5 million, more than the £19.5 million by which Everton exceeded their £105 million limit. Yet it was the latter who received a tougher penalty.
League chief Richard Masters said in January that a date has now been set for City’s case to be heard without being able to reveal when due to legal restrictions.
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