Nottingham Forest are set to come below the profit and sustainability (PSR) limit if they sell Moussa Niakhate and Orel Mangala to Lyon today.
That is according to finance expert Stefan Borson, who exclusively told Football Insider that Lyon will have to divulge the financial details of the transactions due to their listed position on Euronext after agreeing to sign the Forest duo.
Forest are thought to be approaching their permissible losses limit again after receiving a points deduction last season, with the club having to achieve £20 million in profit before submitting their accounts on Sunday.
On June 12, Football Insider revealed that Lyon have agreed to sign Mangala permanently after he spent the second part of the season on loan at the French club.
However, Forest had previously built the deal into their 2023-24 predictions, with the idea that the transfer would take place when conditions were agreed upon when the Belgium international made the first loan swap earlier this year.
Niakhate is also close to joining Lyon after the two clubs agreed on a £20 million deal, but neither has been officially declared.
Nottingham Forest may avoid the points deduction with two sales.
Borson added that if the sale goes through before Monday, the Ligue 1 club would be required to divulge the specific facts of the deal, which will determine whether Forest have passed PSR.
“They will probably make PSR if both deals go through,” Borson told Football Insider.
“The required amount was approximately £20 million. However, I believe that assumed Mangala had been constructed and that it was also going to Lyon.
“We should know exactly what Lyon did before June 30th because they are listed on Euronext.
“Being listed requires you to make announcements about the transfers you make, as well as provide detailed information about those transactions.
“We know exactly how much they paid for Mangala when they made the purchase in February because we have their announcement.
“According to the release, the loan was £10 million, with a £15 million purchase option.
“You would assume they will pay the £15 million to keep Mangala and will have to announce it on the first business day after June 30.”
“It’s a case of watching this space because they’ll need to confirm it. It will be the same with the purchase of Niakhate.
“I suspect if they do both those deals, Forest will pass PSR.”
