Nottingham Forest have failed in their appeal to have their four-point deduction for breaking financial rules in the 2022/23 season overturned.
The club were charged in January after breaching Profitability and Sustainability Rules by £34.5m above their permitted threshold of £61m for the assessment period ending 2022/23. Clubs are usually allowed a maximum loss of £105m over a three-year assessment period, although this is reduced by £22m per season for any seasons within the period spent in the Championship.
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