PL News: Forest respond to points deduction
The loss of four points drops Forest into relegation zone Nottingham Forest have been penalised with a deduction of four points for violating the Premier League's profit and sustainability regulations. An independent commission discovered that the club's losses for the period until 2022-23 exceeded the £61m threshold by £34.5m. As a result, Forest have dropped into the Premier League's relegation zone, falling below Luton Town. Forest are the second team in the Premier League to be punished for breaching the Profit and Sustainability Regulations (PSR) after Everton's loss of 10 points in November. This was later reduced to six upon appeal. The City Ground club, who are likely to appeal against the ruling, had their hearing on 7-8 March. What are the Profit and Sustainability Regulations? According to the rules and regulations, Premier League clubs can lose up to £105m over three seasons (£35m per campaign). However, Forest's maximum loss was limited to £61m