Nottingham Forest have withdrawn their appeal against receiving a four-point deduction for breaching the Premier League's Profit and Sustainability Regulations (PSR).
Forest had been hoping to regain points following the independent panel's ruling, but they currently sit on 29 points, three points above the relegation zone with two games in hand.
Below is the full statement from the Premier League.
premier league statement
An independent appeals panel has upheld the panel's decision to deduct four points from Nottingham Forest after a breach of the Premier League's Profitability and Sustainability Regulations (PSR) was found. .
The PSR sanction applies for an evaluation period at the end of the 2022/23 season and the club appealed on two grounds. The club claims the independent panel erred in failing to treat the sale of a high-profile player immediately following the evaluation period as a mitigating factor, and further erred in choosing not to suspend some or all of the point deductions. did. It was imposed. Each of these grounds was rejected by the Appeal Board, which found that the Independent Commission was entitled to impose immediate sanctions. Therefore, the 4 point deduction still applies.
click here You can read the independent appeals panel's full written reasons here.
The Appeals Committee is independent from the Premier League and its member clubs. The Appeals Committee in this case is made up of Lord Dyson MP (Chairman), David Phillips KC and Daniel Alexander KC, each appointed by the Independent Chair of the Premier League Judiciary Committee.
