Nottingham Forest have been joined by Leicester City in being charged by the Premier League for breaching profit and sustainability rules
Leicester City are the latest team to be found in breach of the Premier League's profit and sustainability rules following on from Nottingham Forest being charged. Earlier this week, the Premier League announced that Forest were to be deducted four points after they admitted to breaching PSR by £34.5 million.
READ MORE: Alan Shearer makes 'huge' Morgan Gibbs-White claim after Nottingham Forest points deduction "That the Premier League sought a sanction of eight points as a starting point was utterly disproportionate when compared to the nine points that their own rules prescribe for insolvency." "LCFC remains willing and eager to engage constructively with the Premier League and the EFL to seek the proper resolution of any potential charges, by the right bodies, and at the right time. The Club continues to take careful advice about its position and, if necessary, will continue to defend itself from any unlawful acts by the football authorities, should they seek to exercise jurisdiction where they cannot do so, as occurred earlier this year.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nottingham MPs express concerns over Nottingham Forest's points deductionNottingham MPs have written to the Culture, Media and Sport Secretary expressing concerns over Nottingham Forest's points deduction for breaching the Premier League's Profitability and Sustainability Rules.
Read more »
Nottingham Forest points deduction sends Leicester hint as Leeds watch onThe latest Leeds United news as reports suggest that Leicester could be charged with a breach of financial rules with Nottingham Forest discovering their punishment on Monday.
Read more »
Nottingham Forest drop into Premier League relegation zone after four-point deduction for PSR breachNottingham Forest say they are 'extremely disappointed and dismayed' at being handed a four-point deduction for breaching the Premier League's financial rules.
Read more »
Nottingham Forest Handed Four-Point Deduction for Breaching Premier League RulesNottingham Forest have been given a four-point deduction for breaching the Premier League's Profitability and Sustainability Rules (PSR), dropping them into the relegation zone. The club is extremely disappointed with the decision and claims trust in the governing body has been eroded.
Read more »
Nottingham Forest handed four-point deduction for breaching Premier League’s financial rulesNottingham Forest have been handed a four-point deduction following a breach of the Premier League’s profitability and sustainability rules (PSR). Forest were referred to an independent commission in January after the club reported losses that exceeded the allowed amount over the three-year reporting cycle ending in the 2022-23 season.
Read more »