Forest lose appeal against 4 point deduction

NOTTINGHAM, May 7: Nottingham Forest have lost their appeal against a four-point deduction for breaching the Premier League’s financial rules, a ruling that keeps the team in danger of relegation with just two games left this season.
The league said on Tuesday that an appeals panel had upheld the decision made by an independent panel in March, which left Forest in the relegation zone.
Forest have since dropped back out of the bottom three and sit 17th in the 20-team league, three points above the relegation zone.
Forest were found to have breached the league’s profitability and sustainability regulations for 2020-23. The club was only in the Premier League for one of those seasons – 2022-23 – and was allowed losses of up to £61 million ($77 million) in that year, its first return to the Premier League since 1999. Forest crossed the threshold. with 34.5 million pounds ($44 million).
The club appealed on two grounds — that the panel did not consider the £47.5m ($60m) sale of Brennan Johnson shortly after the end of the three-year assessment period as a mitigating factor and that some or all of the points deducted should have been suspended.
“Each of these grounds was rejected by the appeal panel, which found that the independent panel was entitled to immediately impose the sanction that it did,” the Premier League said in a statement. “The four point deduction will therefore remain in place.”
Forest still have Chelsea at home and Burnley away and would be guaranteed to stay in the top flight if they pick up at least four points from those games.
Much of Forest’s mitigation effort focused on the club’s attempts to sell Johnson, one of its top players, after the end of last season. Forest realized they would be breaking the rules and needed to sell him or another valuable player by the June 30 deadline for any transfer to be included in the figures for the three-year financial assessment period. (AP)

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