Profit and sustainability rules have “created chaos” and “damaged” the Premier League, says former Nottingham Forest chief executive Paul Faulkner.
An independent commission found Forest’s losses to 2022-23 breached the threshold of £61m by £34.5m.
Forest, who say they are “dismayed” by the ruling, are expected to appeal, with any decision needing to be finalized by 24 May, five days after the end of the Premier League season.
Forest thanked the commission for speeding up the process and being ahead of schedule in terms of the end-of-season deadline.

