Nottingham Forest could face FFP charge after heavy spending as Everton risk another penalty

Nottingham Forest could face a Financial Fair Play charge this month after heavy spending in the transfer market.

The Premier League has brought in a new system which deals with charging clubs for breaching rules quicker, imposing points deductions where necessary.

Everton have already fallen foul of the rules this season having received a ten-point deduction — and there could be further punishments this season.

But according to The Times, Nottingham Forest are considered by experts to be the next club who could be facing charges.

After some extravagant spending since their promotion to the Premier League in 2022, they run the risk of breaching profit and sustainability rules (PSR).

The fast-track system means that all 20 clubs have to submit their accounts for 2022/23 by December 31 and any breaches are announced by January 14.

Clubs will then have two weeks to respond to the charges if they are imposed with a hearing to be carried out by April 8 at the latest by an independent commission.

It means that Premier League clubs and their legal departments must conclude their appeals before the end of the season.

PSR states that clubs can make a maximum loss of £105million over a rolling three-year period — or £35m a season.

If a club had been in the Championship or lower during that three-year period, the amount of losses is significantly lower.

And that is the case for Forest, who are limited to losses of £61m due to two years in the Championship and one year in the Premier League — £13m per year in the second division and £35m in the top tier.

Forest made losses of £45.6m in 2021/22 after being promoted and £15.5m the year before.

However, in both years, they spent double the amount on wages that they earned in turnover and while