Latest Nottingham Forest news as Reds set to discover hearing date for Profitability and Sustainability Rules charge

The impact of being charged with breaching Profitability and Sustainability Rules (PSR) remains the great unknown for Nottingham Forest.

Nuno Espirito Santo’s side put further distance between themselves and the relegation zone with a 2-0 win over West Ham United last weekend. But while the Reds look to do their bit on the pitch, there is still a sense of uncertainty over matters off it.

Forest are expected to discover the date for their PSR hearing this week, in what will be a significant moment for the club. Below, we take a look at what we know so far about the situation.

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What have the Reds been charged with?

Little more than a month ago, on January 15, Forest were charged with breaching the Premier League’s Profitability and Sustainability rules. Everton were charged at the same time, having already been docked 10 points earlier in the season.

Financial regulations state Premier League clubs are only allowed to make a maximum loss of £105 million across a rolling three-year period, or £35m each season. For promoted teams that is reduced, meaning the Reds have been restricted to losses of £61m for the last three campaigns – £13m for the two seasons in the Championship prior to promotion, plus £35m last season. The extent to which the club have breached the limit is not yet known.

At the time, a Forest statement said: “Nottingham Forest acknowledges the statement from the Premier League confirming that the club has today been charged with a breach of the league’s Profitability and Sustainability Rules. The club intends to continue to cooperate fully with the Premier League on this matter and are confident of a speedy and fair resolution.”