Nottingham Forest lost its appeal against a four-point deduction for breaching the Premier League’s financial rules, a ruling that keeps the team in relegation danger with just two games remaining this season.

The league said Tuesday that an appeal board has upheld the decision taken by an independent commission in March, which dropped Forest into the relegation zone.

Forest has since climbed back out of the bottom three and is in 17th place in the 20-team league, three points above the relegation zone.

Forest was found to have breached the league’s profitability and sustainability regulations covering the period from 2020-23. The club was only in the Premier League for one of those seasons — 2022-23 — and was permitted losses of up to 61 million pounds ($77 million) that year, its first back in the Premier League since 1999.

Forest went above the threshold by 34.5 million pounds ($44 million).