Nuno issues new FFP warning as Nottingham Forest urged to learn points deduction 'lessons'

Nottingham Forest head coach Nuno Espirito Santo
Warning... Forest boss Nuno Espirito Santo -Credit:Getty

Head coach Nuno Espirito Santo insists Nottingham Forest must learn lessons from their points deduction for falling foul of financial rules.

Without their four-point deduction for breaching Profitability and Sustainability Rules, the Reds would be safe from relegation by now. However, their unsuccessful appeal against their punishment means they are three points above the drop zone with two games to go.

Forest were found to have breached their maximum £61 million permitted losses across a rolling three-year period by £34.5m. Nuno hopes the club will not find themselves in a similar situation again in the future.

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Asked what the Reds have learned from the saga, he said: “To not do the same mistakes. This is life. You learn from your own mistakes.”

In the written reasons from the original independent commission’s ruling on Forest’s breach, it was stated the club understood how to “avoid being in a similar situation in a year’s time”. Projected losses of approximately £12m to £17m for the year ending June 30, 2024 were outlined.

The situation points to player sales this summer - albeit not necessarily a fire sale - regardless of which division the Reds find themselves in for next season. But Nuno says he is not sure what impact sticking to the rules will have on the club’s transfer business.

“I don't know because I don't know the exact situation we are in,” he said. “It's been different from normal because this time of the season usually you start preparing ahead for the future and we didn't have this opportunity to do it. It was too much work and too much responsibilities on our hands to get distracted by anything - and there was a lot of things to get distracted by.

“(Not knowing the division) is the main factor. The complexion of the season will change everything, but it's not the moment to even think and talk about that. That's there for us to deal with after.”

Nuno has tried to avoid looking into the specifics of Forest’s PSR case, but he is keen to understand the situation better going forward and will take time to educate himself once the season is over.

He hopes, too, that in the future such matters can be resolved faster. The Portuguese has been clear that the length of time taken for clarity on the situation risked damaging the integrity of the league.

"I have no idea what happened in reality. I cannot tell you too much about it,” he said ahead of this weekend's clash with Chelsea. "What is important for us is that the issue is finished and hopefully will not happen again.

"But, at the end of the day, I think the integrity of the league was harmed by all these issues that happened with the points deductions, especially the timing. Two games to go is when comes the decision and you wonder why it didn't come before? Then you start wondering why is this the decision? It will impact on the other clubs also.

"I don't want to raise too much issues about it but I think there are still things to be explained. At the end of the season everyone has to understand what happened. Why the decision came so late? Why we didn't win the appeal? All these issues I would personally would love to know (the answer to).”

Asked if he still had some unanswered questions, Nuno responded: “For me personally, yes. But this is not the moment. The end of the season would be the right moment.

“What I was trying to (say) was that since the beginning of the whole process, I'm not aware. And honestly - and this on me - I didn’t make an effort to try to understand. But that’s on me. That will come at the end, I have too much things to be focused on to be doing the lawyer's job.”

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