Another team in the Premier League has been docked points following a serious breach of financial rules.
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The Premier League has confirmed that Nottingham Forest has been deducted four points after admitting to breaching financial rules.
A statement read:
An independent commission has applied an immediate four-point deduction to Nottingham Forest FC for a breach of the Premier League's Profitability and Sustainability Rules (PSRs) for the period ending Season 2022/23.
Nottingham Forest was referred to an independent commission on January 15, following an admission by the club that it had breached the relevant PSR threshold of £61m by £34.5m. The threshold was lower than £105m as the club spent two seasons of the assessment period in the EFL Championship.
The case was heard in accordance with new Premier League rules, which provide an expedited timetable for PSR cases to be resolved in the same season the complaint is issued.
"The independent commission determined the sanction following a two-day hearing this month, at which the club had the opportunity to detail a range of mitigating factors. The commission found that the club had demonstrated "exceptional cooperation" in its dealings with the Premier League throughout the process.
The league's ruling sees the Tricky Trees fall into the relegation zone, one point from safety.
While Forest admitted their breach, the club formed their defence around the circumstances of the sale of Brennan Johnson to Tottenham Hotspur in 2023.
They argued that they waited to sell Johnson in order to earn more money from his departure, thus missing the profitability and sustainability rules deadline of 30 June.
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The Premier League did not accept their rebuttal and have subsequently shaved four points from their total, similar to what they did with Everton, who have since had their 10-point deduction reduced to six.
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