However an independent commission has found that the initial punishment handed down stands.
It means Nuno Espirito Santo’s side remain in 17th place, two points above Luton Town and five above Burnley.
Ifdefeats Forest and the Clarets triumph against Tottenham on Saturday, the two teams will square off at Turf Moor on the final day.
Luton’s last two games of the season are against Fulham and West Ham.
Forest acknowledged that they had overspent by £34.5 million over a three-year period, in violation of the Premier League’s sustainability and profitability regulations.
Under the guidelines, Forest could have been handed a six-point penalty, but were given a less severe punishment by the Premier League on account of their “early plea” and “excellent co-operation”.
Forest, however, claimed the punishment was too severe.
Had Forest been given a point back, that would have all-but relegated Burnley given the gulf in goal difference between the two sides.
But the decision means relegation will be decided on the pitch and not without a ball being kicked, as had been feared.
However, the ruling means that, contrary to what was initially thought, relegation will be decided on the pitch.
An independent appeal board has confirmed a commission’s decision to remove four points from Nottingham Forest for an admitted violation of the Premier League’s profitability and sustainability regulations (PSR), the Premier League stated in a statement.