It’s almost hard to recall Nottingham Forest’s off-field struggles in 2024 given their stellar performance under Nuno Espirito Santo this season.
Heading into Monday’s Premier League clash against Wolverhampton Wanderers, Forest sit in third place after racking up five consecutive festive-period wins.
This remarkable run has even led pundits like Gary Neville and Jamie Carragher to predict a sixth-place finish for Forest—a dramatic turnaround from earlier relegation predictions at the start of the campaign.
But the City Ground wasn’t always a bastion of optimism last year. In March, Forest faced a four-point deduction due to a breach of Profit and Sustainability (PSR) rules, casting a shadow over their progress.
At the time, Martin Keown labeled the penalty harsh, and now, Nick De Marco KC, a leading sports law expert, has reignited debate over the fairness of that decision.
Legal Expert Blasts Premier League’s Treatment of Forest
Responding to a tweet by football finance guru Kieran Maguire, which highlighted Forest’s efficiency in spending relative to points earned, De Marco criticized the Premier League’s handling of Forest’s case.
He argued that the club’s transfer strategy makes the league’s prosecution appear “even more ridiculous.”
The sentiment echoes the frustration of Forest owner Evangelos Marinakis, who was vocal in condemning the league’s decision.
Despite the setback, Marinakis has worked tirelessly to reshape the club’s financial and competitive outlook, earning praise for shrewd dealings in the transfer market.
Transfer Savvy: A Key to Forest’s Revival
Maguire’s analysis revealed that Forest earned a point for every £4.7 million spent, making them the Premier League’s second-most efficient club in that metric.
This success reflects Marinakis’ eye for value. A prime example is the £12 million signing of Nikola Milenkovic, now a standout player in Forest’s defense.
Even pricier deals, such as acquiring Elliot Anderson, were offset by clever exchanges like sending Odysseas Vlachodimos the other way, allowing the squad to strengthen without risking another PSR breach.
While De Marco’s critique of the league’s sanctions adds weight to the argument for fairness, Forest’s improvement on and off the pitch speaks for itself.
The club has not only overcome its obstacles but has also emerged as a model of efficiency and ambition in the Premier League.