Nottingham Forest have been cleared of malpractice over "bung" allegations during Brian Clough's era at the club.

The inquiry focused on the transfer of Teddy Sheringham from Forest to Tottenham Hotspur in 1991, when it was alleged that £50,000 was paid to a mystery party.

The inquiry focused on the transfer of Teddy Sheringham

The conclusion follows a police investigation and officers at Nottingham Fraud Squad have reported their findings to the Football Association.

The investigation concentrated on four Forest transactions: the transfer of two non-league players from the now defunct Leicester United in 1988, the arrival of Toddi Orlygsson in 1989, the sale of Teddy Sheringham and the purchase of Alf Inge Haaland.

Although cleared of malpractice, the former chairman Fred Reacher and secretary Paul White were criticised in the report, which described the supervision of transfer dealings at the City Ground as "wholly inadequate."

Members of the new Forest plc board have always maintained that the newly-constituted club should not be punished.

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