Nottingham Forest’s City Ground
Nottingham Forest will be told this week the date for their hearing after being charged by the Premier League for breaching its profit and sustainability rules, it is claimed.
And it is also understood by The i that the Reds will face an independent commission within the first fortnight of March. Forest were charged by the Premier League back in January.
The club issued a statement in the wake of the charge which read: “Nottingham Forest acknowledges the statement from the Premier League confirming that the club has today been charged with a breach of the league’s Profitability and Sustainability Rules. The club intends to continue to cooperate fully with the Premier League on this matter and are confident of a speedy and fair resolution.”
According to the rules, following charges being levelled, a hearing by an independent commission has to be concluded by April 8.
The Premier League rules state clubs are only allowed to make a maximum loss of £105 million across a rolling three-year period, or £35m each season. For promoted teams that is reduced, meaning Forest have been restricted to losses of £61m for the last three campaigns – £13m for the two seasons in the Championship prior to promotion, plus £35m last season.
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