Evangelos Marinakis and Nottingham Forest ‘could pay UEFA fines’ as £67m PSR twist branded a ‘circus’

Nottingham Forest’s likely qualification for European football this season is an overwhelming positive on the pitch, but financial rules may complicate the achievement for Evangelos Marinakis.

Despite the City Ground redevelopment costing £50m more than expected, Forest are in a strong position financially after suffering at the hands of PSR rules in recent years.

Forest were deducted four points for a PSR breach last season, with the club’s losses being too high over a three-year period to pass the regulations set by the Premier League.

Things have turned around, though, as frugal transfer business led to Forest posting a net spend of just £16m this season to ease any pressure surrounding PSR rules.

The Premier League were supposed to be changing the regulations to a new Squad Cost Ratio system which limits clubs to spending 85% of their revenue, but PSR is to remain in play next season to the benefit of Forest with their £67m loss which helped trigger the PSR breach now out of the calculations.

However, one financial expert has explained that all may not be as comfortable as it seems should Forest qualify for European football due to the differences in UEFA rules.

How UEFA competition could bring financial sanctions on Nottingham Forest

Navigating the financial rules of football is something that will be tedious for Forest fans who would rather just enjoy their side at the City Ground, but the complicated figures involved in the sport have become crucial to the success of teams on the pitch.

Luckily TBR Football’s Head of Football Finance, Adam Williams is well-versed in this area and has spoken to Nottingham Forest News about the financial situation at Forest.

He said: “I can see why Forest fans may have read headlines like ‘PSR staying put’ and been pessimistic.