By City A.M. Reporter Nottingham Forest have been unsuccessful in their effort to get a four-point deduction for breaching Premier League financial rules reduced on appeal, according to reports. The club were hit with the original sanction by an independent commission on March 18 for breaching permitted losses by £34.5m in the assessment period ending with the 2022-23 season. They quickly indicated their intention to appeal, but The Athletic has reported that the initial penalty has been upheld by an independent panel. That would mean Forest remaining on 29 points, three above the relegation z…