After the clampdown on Everton, Nottingham Forest is next on the line of clubs set to face the sledgehammer for alleged financial breaches.
Recall in November 2023, the Premier League referred Everton to an independent commission for investigation and sanctions for breaching Premier League Profits and Sustainability Rules.
Everton were slammed with a 10-point deduction with the team dropping into the relegation zone after the clampdown. However, there has now been a reprieve for the Merseyside club.
Following an appeal to the Appeal Board, their 10-point deduction has been reduced to six enough to see the team leap out of the drop zone to 15th on the Premier League table after gaining 4 points to rack up 25 points.
Nottingham Forest are also set for a similar sail as the Toffees. The Tricky Trees were also slammed with charges for breaching Premier League Profit and Sustainability Rules last season.
Now, according to the Sun, their case is ready to be heard by the Independent Commission on Friday, March 7, 2024, for a decision.
Just like the Toffees, Nottingham Forest could be slammed with a point deduction – a decision that could take a heavy toll on their less-than-stellar campaign this season.
Hovering on the drop zone, a point deduction will see the club drop down the table to share ranks with relegation battlers – Luton Town Sheffield United, and Burnley.
Under the watch of new manager Nuno Espirito Santos who replaced Steve Cooper, the Tricky Trees have improved performance but not enough to steer clear of the drop zone. They are 17th on the table, 4 points clear of Luton Town, who have a game in hand.
There are projections Nottingham Forest may not face a stiff penalty as Everton. The Premier League alleged they breached financial regulations in the 2022/23 season.
They reportedly recorded losses exceeding the £105m threshold over three seasons. However, the club reportedly improved their financial records the next season, selling Brennan Johnson to Tottenham Hotspur for £45m.
After the hearing, a verdict, subject to appeal, will be expected in April 2024.
