Nottingham Forest
Nottingham Forest in focus as Premier League talks begin to change rules
Nottingham Forest will be watching closely as they take part in a two-day meeting between Premier League clubs, which could start the ball rolling on new financial rules.
Forest, along with Everton, have been charged with an alleged breach of the Premier League’s current Profitability and Sustainability Rules (PSRs). A previous breach has seen Everton deducted 10 points, with both sides awaiting a ruling on the new charges.
This week will see all 20 Premier League clubs enter into discussions over potential changes to the rules in order to bring the regulations more in line with UEFA’s new measures. The PSRs are one of the main reasons attributed to a quiet January transfer window throughout the league last month as clubs watched their spending.
The current rules limit clubs to losses of £105 million over a three-year cycle. But that could be scrapped in favour of a more percentage-based system that will be used by UEFA.
The i newspaper reports that the potential new regulations will be implemented across all four English league divisions. It will see clubs who have qualified for European competitions limited to spending 85 percent of their revenue on player wages and transfer fees, which will reduce to 70 percent for clubs competing in Europe.
It is added that while there will not be a vote during this week’s meeting, it is possible that the new rules, if passed, could potentially be introduced in time for the upcoming summer transfer window.
Forest’s current position means that they are expected to fall into the category that will allow them to spend 85 percent of their revenue on transfer fees, wages, and agent fees. It is still not clear how a transfer cost will be calculated, although it’s likely that it will be the transfer fee spread out over the duration of a player’s contract.
It’s still to be seen if the proposal will go any further than discussions; clubs will have to agree to any changes before they come in. But it seems that Forest’s spending strategy in the summer could be impacted by the introduction of any new rules and regulations.
