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Footballinsider247 5mos ago
Nottingham Forest charity shirt sponsor added to points deduction in cruel twist - Wyness
Source:Footballinsider247

HomeExclusives Tue 9 April 2024 7:00, UK

Former Everton chief Keith Wyness has claimed Nottingham Forest will "think twice" about putting a charity on their shirt in future after their FFP punishment.

Speaking on the new edition of Football Insider's Inside Track podcast, the 66-year-old - who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs - suggested Forest could have gotten money in from elsewhere if they secured a big sponsor upon promotion to the Premier League.

In their 2022-23 accounts, Forest raked in PS11.8million in commercial revenue - up from PS5.6million - despite not having a shirt sponsor until January, when the United Nations High Commissioner for Refugees logo was placed on kits.

Forest donated PS6.5million to the charity as part of the sponsorship - but that figure did not contribute to the breach they were deducted four points over.

Nottingham Forest may regret charity deal after FFP punishment The Midlands club now have a deal with Asian company Kaiyun Sports worth around PS7million per year.

They have appealed their deduction, but currently sit level on points with 18th-place Luton with six games to play this term.

Wyness provided his reaction to Forest's latest accounts, telling Football Insider's Insider Track podcast: "Providing the owners are showing they are not saddling the club with loads of unsustainable debt, then I don't see any reason why they can't go ahead further.

"There was one strange number in the Forest accounts - they gave PS6.5million to charity.

"Part of the season they played with the refugee charity on their shirts, when they could have gotten money in from elsewhere.

"It's laudable to make a charity gesture and put them on the shirt, but they're probably thinking twice about it now."

In other news, Kieran Maguire reveals best-case scenario from appeal.