Three Championship sides, Blackburn Rovers, Leeds United and Nottingham Forest, have been put under a transfer embargo for the rest of the season.
The three clubs had all exceeded a maximum ‘deviation’ of £8million for 2013-14. That consisted of an operating loss of £3million plus £5million of shareholder investment.
All three clubs will be able to sign players in the summer if they remain within a maximum ‘deviation’ of £6million (£3million operating loss plus £3million shareholder investment) for the current season.
A number of other clubs – including Bolton Wanderers and QPR – are said to be in talks with the Football League over possible embargoes.
In a statement this morning, the League clarified certain circumstances in which the affected clubs can sign players.
– they have 24 or fewer established players.
– the player earns less than £600,000 a year (around £12,000 a week).
However, they will be permitted to sign a goalkeeper on an emergency basis.