Nottingham Forest, under Nuno Espírito Santo, penalized with a four-point deduction by the Premier League for financial rule breaches.

The club's financial losses, exceeding the allowed limit by £34.5m, triggered the relegation zone fall.

Forest plans to contest the penalty, deeming the initial points deduction recommendation as excessive.

A decision from the club's independent commission is due on Monday, with a March 25th appeal deadline and potential appeal resolution by May 24th.

Forest's significant net transfer expenditure totaled £142.8m for the 2022-23 season, contributing to a £95m loss over the assessed period.

Everton also faces the possibility of further sanctions for similar infringements of the profit and sustainability regulations.