Nottingham Forest have been unsuccessful in their effort to get a four-point penalty for breaching Premier League financial rules reduced on appeal, according to reports.
The club were hit with the original sanction by an independent commission on March 18 for breaching permitted losses by £34.5million in the assessment period ending with the 2022-23 season.
They quickly indicated their intention to appeal, but The Athletic has reported that the initial penalty has been upheld by an independent panel.
Club statement.
— Nottingham Forest (@NFFC) March 25, 2024
That would mean Forest remaining on 29 points, three above the relegation zone with two Premier League matches left to play.
Forest and the Premier League have been contacted for comment.
