Nottingham Forest Deducted Four Points For Breaching Premier League's Financial Rules
Nottingham Forest have been deducted four points for breaching the Premier League's Profit and Sustainability rules.
Forest were charged in January together with Everton.
Under Premier League regulations, clubs can lose a maximum of £105m over a three-season period, or £35m per campaign, before facing sanctions.
Following the sanction, Forest have dropped to 18th position on the Premier League table with just nine matches to go.
The club have seven days to launch an appeal.
A Premier League statement read: "An independent commission has applied an immediate four-point deduction to Nottingham Forest FC for a breach of the Premier League's Profitability and Sustainability Rules (PSRs) for the period ending Season 2022/23.
"Nottingham Forest was referred to an independent commission on January 15, following an admission by the club that it had breached the relevant PSR threshold of £61m by £34.5m. The threshold was lower than £105m as the club spent two seasons of the assessment period in the EFL Championship.
"The case was heard in accordance with new Premier League rules, which provide an expedited timetable for PSR cases to be resolved in the same season the complaint is issued.
"The independent commission determined the sanction following a two-day hearing this month, at which the club had the opportunity to detail a range of mitigating factors. The commission found that the club had demonstrated "exceptional cooperation" in its dealings with the Premier League throughout the process."