Club drop into relegation zone, one point from safety
Forest admitted the breach but their defence was based around extenuating circumstances in relation to the sale of Brennan Johnson. The club received a £30m offer from Brentford early last summer but the forward was unwilling to move and Forest felt they could get more money for their star asset if they waited beyond the 30 June PSR deadline. Johnson was sold for £47.5m to Tottenham in September but an independent panel did not accept this defence.
With all money earned from selling Johnson, an academy product, going down as a profit, the club argued their approach was designed to make them more sustainable.Ken Early: Manchester United may have reached a kick-start moment with chaotic win over LiverpoolAll in the Game: Kebab shop owner goes on the attack after Mbappé's laywers bite back
Premier League clubs are allowed to lose £105m over a three-year period but Forest’s permitted losses were limited to £61m because they spent two years of that period in the Championship. This was another part of their defence, with the club claiming they were hamstrung after being promoted because investment in the squad is vital to challenge at a higher level against more established teams.
Since promotion Forest have signed 42 players at a cost of about £250m, helping them retain their Premier League status last season.
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