MX23RW : Wednesday, January 15 18:54:30| >> :120:23220:23220:

Report: Nottingham Forest face potential transfer embargo

Championship promotion hopefuls Nottingham Forest will find out next month if they face a transfer embargo for failing to meet financial fair play requirements.

Nottingham Forest will find out next month whether they face a transfer embargo for falling foul of new financial fair play regulations.

The Championship promotion hopefuls, who are owned by Kuwaiti businessman Fawaz Al-Hasawi, reported a £12m loss in March, and will submit their next accounts in December.

The Football League and Premier League are scheduled to meet next month to discuss how clubs who have failed to meet the requirements will be punished.

Sky Sports News reports that Forest manager Stuart Pearce and chief executive Paul Faulkner are prepared for sanctions which could see a transfer embargo placed on them during the January 2015 window.

Two other Championship clubs are also understood to have failed to meet Football League criteria.

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Joe Fish
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Stuart Pearce speaks to members of the media during a press conference after being unveiled as the new Nottingham Forest Manager at the City Ground on April 03, 2014
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3Arsenal20117239182140
4Chelsea21107441261537
5Newcastle UnitedNewcastle20105534221235
6Manchester CityMan City2110563829935
7Bournemouth219753225734
8Aston Villa209563032-232
9Fulham217953230230
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12West Ham UnitedWest Ham217592741-1426
13Tottenham HotspurSpurs20731042301224
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15Crystal Palace204972128-721
16Everton193881525-1017
17Wolverhampton WanderersWolves2044123145-1416
18Ipswich TownIpswich2037102035-1516
19Leicester CityLeicester2035122344-2114
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