On 31 December 2023, Forest submitted its FY23 annual accounts and FY23 PSR Calculation to the Premier League. As noted above, Forest’s FY23 PSR Calculation showed total losses of £86,825,000, exceeding the PSR Threshold of £61m by £25,825,000. In this email, Forest stated that it “[…] admit[ted] a breach of the PSR and that [it] wishe[d] to enter into early discussion with the Premier League concerning the extent of the breach and the possible sanction”. Forest further submitted that its case differed from that involving Everton FC, “not only due to [its] immediate admission of breach and full cooperation but also as to the substantial mitigation that exists”.
Presumably this was in part due to the fact that we'd had the 10 point deduction.
Speaking of tedious...here's Mazzzzzzz
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