Nottingham Forest lodged an appeal Monday against the four-point deduction imposed upon them for a breach of Premier League financial rules.

"Nottingham Forest can confirm that it has today lodged an appeal against the four point sanction imposed by the Commission in relation to the Club's breach of the Premier League's Profit & Sustainability Rules," the club said in a brief statement on its website.

On March 18, the Premier League club were docked four points after admitting breaching the profitability and sustainability rules (PSR) threshold of £61 million ($77.5 million) by £34.5 million.

They were the second top-flight team to be penalised for PSR breaches this season after Everton were hit with a 10-point penalty in November, which was reduced to six on appeal.