FOREST SPENDING AGAIN

[South Coast White]

How are they getting away with it.
Aren't they already under investigation?

[davew]

Probably adopting a sh-te or bust policy, get deducted 10 points but in the meantime spend what they like and stay up! I have no idea how they have spent so much on so many players and yet we do the opposite and yet we have an owner who has loadsa money.

[Arthur]

How are they getting away with it.

Firstly, when the rolling 3-year losses are submitted in June this year, the loss that Forest made in 2020-21 will no longer count against them. Secondly, the sum they are allowed to lose over three years increases by £22M this season due to their being a P.L. club - as opposed to a Championship club in 2020-21. Thirdly, they, like us, sold a player last August (Brennan Johnson) for close to £50M - money that will show on this season's balance sheet.

Now, it may be that Forest's loss last season was so great that, even with an additional £70M plus to offset it, they cannot stay within their 3-year limit this time around, in which case they would surely be punished for willfully increasing a loss they already know to be in excess of the maximum permitted. That Forest are spending a modest sum suggests they believe they have a bit of wriggle room - possibly dependent upon the sale of Mangala.