Nottingham Forest

Nottingham Forest in fresh FFP update as Premier League face decision

Published

10 months ago

February 1, 2024

Latest Nottingham Forest news from NottinghamshireLive with the Premier League set to announce any charges facing clubs that have breached Profit and Sustainability rules

Nottingham Forest are reportedly waiting to discover the date of their hearing after submitting a response to being charged with breaching the Premier League’s Profit and Sustainability Rules (PSR).

Since being promoted to the Premier League, Forest have spent over £150million on more than 40 players as the club signed the likes of Jesse Lingard, Morgan Gibbs-White, Serge Aurier and Chris Wood. The club are facing potential sanctions later this season following an alleged breach.

Everton have been charged for a second time while Manchester City’s potential punishment for the alleged breach of 115 rules has been a long process. Since being charged, Forest appointed leading sports lawyer Nick De Marco, a KC with Blackstone Chambers in London, to conduct the case.

The Telegraph reports that the club submitted a response through De Marco and his team, along with former club chairman Nicholas Randall KC and finance director Tom Bonser. Forest are now waiting to discover the date of their hearing before an independent disciplinary commission.

According to the rules, after charges have been levelled, a hearing by an independent commission has to be concluded by April 8. Any points deductions or sanctions imposed would need to be applied by the end of the season.

Reds owner Evangelos Marinakis was present at the City Ground during Wednesday’s conference aimed at tackling the issues of racism and gender inequality in football. The conference was attended by football icons including Thierry Henry, Lilian Thuram and Christian Karembeu.

A joint initiative between Forest and The Weatherhead Centre at Harvard University was organised to create a platform for in-depth debates on the challenges of racial and gender equity in the game. Speaking at the conference, Marinakis said: “I think that was not appropriate. I think it was a bit careless. I think that Nottingham Forest and Everton are very big clubs and maybe are bigger than the ones that we consider today big clubs.”

The event has brought together experts, academics, industry leaders, current and former players along with football supporters as they look to tackle the issues and drive positive change in the sport.