Nottingham Forest have been given a four-point deduction for violating the Premier League’s profitability and sustainability rules.
The punishment causes Forest to fall into the Premier League relegation zone, one point behind Luton Town that climbs to 17th position.
Premier League is set to issue a statement on Monday, while Forest are likely to contest the decision.
In January, Forest were accused of violating the Premier League’s profitability and sustainability regulations.
Premier League clubs can have a maximum loss of £105 million over a rolling three-year period, or £35m each season.
For newly promoted teams, this limit is decreased, meaning that Forest have been limited to losses of £61m for the last three seasons – £13m for each of their two campaigns in the Championship, plus £35m last season in the Premier League.
After being accused by the FA, Forest stated: ‘Nottingham Forest acknowledges the statement from the Premier League confirming that the club has today been accused of 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 swift and fair resolution.’
More information to come…
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