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Nottingham Forest have been docked four points for breaching Premier League profit and sustainability rules.
The immediate loss of points mean Forest drop below Luton Town into the Premier League’s relegation zone.
They are the second top-flight team to be penalised for PSR breaches after Everton lost 10 points in November, which was reduced to six on appeal.
Forest, who are likely to appeal the ruling, had a hearing on 7 and 8 March.
Premier League clubs can lose £105m over three seasons — £35m per campaign — but, because Forest spent two years of the assessment period in the Championship, their maximum loss was only permitted to be £61m.
The league’s rules state any appeals process should “conclude no later than and if possible some time before 24 May” — BBC Sport.
Online Reporter