Premier League teams are allegedly considering removing point deductions in light of Nottingham Forest’s appeal against their punishment for breaking the league’s financial regulations.
The Reds received a four-point reduction for violating Profit and Sustainability Rules (PSR), which they want to appeal. Everton, another top-flight club, was also deducted points, which were later lowered on appeal, and now faces a potential second deduction after being charged with breaking financial regulations again.
Forest’s punishment may have been more severe than four points. The Premier League argued for a six-point deduction, starting with eight to represent Forest’s bigger excess above the threshold than Everton’s. However, the Reds were docked two points for the club’s early appeal and cooperation.
According to the Daily Mail, the deductions, along with a sluggish January transfer season, have prompted clubs to contemplate making changes. There are also concerns that the present restrictions may prevent the league from attracting the world’s greatest players, as clubs are afraid of breaking PSR.
The report also mentions how ‘radical reform’ is being explored, which might be voted on at the end of the season conference in June. It is reported that 17 out of 20 teams would support a change, with a minimum of 14 agreements required.
According to reports, a ‘luxury tax’ has been proposed, in which clubs that overspend face financial penalties rather than points deductions. This is thought to increase as people spend more.
Any money recovered from clubs who violated financial regulations would reportedly be reallocated to Premier League teams that followed the rules. Discussions have also reportedly taken place about whether such monies would be utilized to assist financially troubled clubs.
