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As expected, Nottingham Forest is going to appeal the points deduction that subtracted four points from the club’s Premier League point total. The English top flight ruled that Forest violated the Profitability and Sustainability Rules in its first season back in the Premier League. According to financial analysis from the league, Forest was $44 million above the loss limit the Premier League allowed.
Now, Forest is appealing the decision on the grounds that the punishment is too excessive. Interestingly, the Premier League prepared to give Nottingham Forest a six-point penalty, one that would have equaled Everton’s penalty. However, excellent cooperation from Nottingham Forest reduced the punishment.
The principal issue Nottingham Forest has is that the Premier League did not consider the extraneous situation that Nottingham Forest had compared to a club like Everton. Other clubs had a considerably higher spending limit. For reference, Nottingham Forest had a loss limit of $77 million. Traditionally, the Premier League sets the parameters at $133 million over three years. Since Forest had spent two of those three years in the Championship, that loss limit was lower. By comparison, the two clubs that came up with Forest, Bournemouth and Fulham, benefited from parachute payments from the Premier League.
“We were extremely dismayed by the tone and content of the Premier League’s submissions before the Commission,” Forest said in a statement. “After months of engagement with the Premier League, and exceptional cooperation throughout, this was unexpected and has harmed the trust and confidence we had in the Premier League.”
Forest appeal on points deduction includes Johnson sale
During its defense, Nottingham Forest pointed to the sale of Brennan Johnson as a means of revenue. Tottenham Hotspur paid over $60 million for Johnson after the PSR year closed. In the Premier League, the calendar runs from July 1 to June 30. With Forest…
Source link : https://worldsoccertalk.com/news/fight-fire-with-fire-forest-appeal-against-points-deduction
Author : Kyle Fansler
Publish date : 2024-03-25 20:13:05
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