Nottingham Forest were unsuccessful in their appeal to overturn a four-point deduction in relation to their breach of the Premier League's profit and sustainability rules (PSR) in the 2022-23 season, the league said on Tuesday.
Forest lodged the appeal after the deduction in March left them vulnerable to a relegation threat. They are currently 17th with 29 points, three points above the bottom three with two matches to go.
"An independent Appeal Board has upheld the decision of a Commission to deduct four points from Nottingham Forest following an admitted breach of the Premier League’s Profitability and Sustainability Rules," the league said in a statement.
Forest had admitted to breaching their maximum loss threshold of GBP 61 million (AED 280 million) by GBP 34.5 million, according to the Premier League.
Alcaraz reaches first Paris Masters final, will face Shelton
New Zealand maintain unbeaten record against Scotland with big win
Formula One extends Sao Paulo contract to 2035
South Africa thump Italy to stay perfect in Nations Championship
Okafor secures Leeds win at home to Tottenham after red-card controversy
