Nottingham Forest faces Premier League financial hearing next week.
- Date: Thursday and Friday, March 7-8
- Lawyer: Nick de Marco KC representing Nottingham Forest
Charges:
- Alleged breaches of the Premier League’s Profitability and Sustainability Rules (PSR) in their 2022-23 accounts.sportvibe.co.uk
Potential Consequences:
- Outcome could affect their Premier League survival (currently one point above relegation zone).
Financial Regulations:
- Clubs allowed to lose a maximum of £105m over three seasons or face sanctions.
Forest’s Defense:
- May argue exceeding the limit was due to delaying the sale of Brennan Johnson to maximize the fee.
- Johnson eventually sold to Tottenham for over £45m in September.
Timeline and Appeals:
- Verdict expected in April and subject to appeal.
- Everton’s similar case:
- Initial penalty reduced from 10 to 6 points on appeal.
- Awaits separate hearing for further alleged breaches in 2022-23.
- Their hearing date and potential appeal deadlines are still to be determined.
Overall:
Nottingham Forest faces a crucial hearing next week regarding potential breaches of financial regulations, with the outcome impacting their Premier League status. The case follows a similar situation involving Everton, further highlighting the league’s focus on financial sustainability among its clubs.
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