10-04-2024, 12:11 PM
Not saying I agree with it but the answer to the above is here:
12.61 Secondly, those losses were increased by approximately £9.678m due to Forest being unable to claim Covid-19 Add-Backs that it reasonably and/or genuinely and honestly believed would be allowable (and which were notified to the EFL but not subsequently accepted by the Premier League). Forest accepts that its belief was incorrect. The following is common ground between the parties: 12.61.1 Forest acted in good faith when originally claiming the add back whilst in the EFL; 12.61.2 It was not notified it was disallowed as an Add-Back by the EFL; 12.61.3 It had a genuine belief that it was permitted to maintain the Add-Back up to 2 June 2023; 12.61.4 It was, however, mistaken in that belief.
12.61 Secondly, those losses were increased by approximately £9.678m due to Forest being unable to claim Covid-19 Add-Backs that it reasonably and/or genuinely and honestly believed would be allowable (and which were notified to the EFL but not subsequently accepted by the Premier League). Forest accepts that its belief was incorrect. The following is common ground between the parties: 12.61.1 Forest acted in good faith when originally claiming the add back whilst in the EFL; 12.61.2 It was not notified it was disallowed as an Add-Back by the EFL; 12.61.3 It had a genuine belief that it was permitted to maintain the Add-Back up to 2 June 2023; 12.61.4 It was, however, mistaken in that belief.