Nottingham Forest have been deducted four points for breaching Premier League financial rules, according to a report from The Guardian.
The Premier League club now sit in the relegation zone, dropping below Luton and into the bottom three with 21 points.
An official announcement from the Premier League is expected on Monday, with Forest likely to appeal the decision.
While Everton were judged on a £105m limit across the past three years, the cap is calculated differently for promoted teams with losses of only £13m per campaign allowed in the Championship.
That meant Forest had a limit of £61m and until now the margin by which they were over the limit had not been confirmed. After promotion in the summer of 2022 the club brought in 30 new signings, while their desire to wait to sell Brennan Johnson last summer meant his £47.5m fee to join Tottenham was not included in the financial year.
Johnson’s move was part of Forest’s argument against the charges. They had rejected a bid of about £30m from Brentford in June, which would have been part of the financial accounts and seen them stay within the limits. But their valuation of the Wales attacker was much higher and finally received what they deemed an adequate bid later in the transfer window. [CONTINUE READING HERE]
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