Huge £45m legal bill revealed in Premier League fight against Nottingham Forest and four rivals.
most recent Nottinghamshire news about Nottingham Forestlive in central London prior to the Premier League shareholders meeting
Last season, the Premier League incurred legal fees exceeding £45 million in its efforts to enforce its regulations.
The league is looking into Chelsea over suspected improper payments connected to the club’s former owner, Roman Abramovich, and it is engaged in two separate legal fights with Manchester City, the four-time winners.
In addition, there have been court proceedings pertaining to its profit and sustainability regulations (PSR) involving Leicester City, who will not be subject to an independent commission due to an alleged violation, and Everton and Nottingham Forest, who were deducted points for the previous season.
Information provided to clubs ahead of Thursday’s Premier League shareholders meeting in central London includes the fees, as far as the PA news agency is aware.
The gathering is the first since an appellate panel ruled in favour of Leicester in their legal battle with the Premier League over a purported PSR violation.
Leicester argued to the appeal panel that an independent commission established under Premier League sponsorship had jurisdiction to hear the issue because the team was playing in the Championship when the last set of accounting used in their PSR calculation were made.
Read more news on https://sportupdates.co.uk/
Leave a Reply