Chelsea face a SECOND point deduction as they have been charged alongside Nottingham Forest for breaching FFP rules

As part of that process, the effect on fans will be taken into account.

“We will continue to work with the Premier League on this matter and are confident of a swift and fair resolution,” Forest said at the same time.

Because Forest was in the Championship for part of the accounting time, their allowed losses are less than £105 million. For the top flight, they get 61 million pounds, which is broken down into 13 million pounds for the 2020/21 and 2021/22 seasons when they were in the Championship and 35 million pounds for their whole season in the top flight.

Since getting promoted, Forest has spent £250 million on new players. Everton, on the other hand, has had well-known money problems under owner Farhad Moshiri and is building a new stadium that will cost £760 million.