Three Championship clubs have been hit with a transfer embargo after breaching Financial Fair Play rules, as a result they will not be allowed to sign players in January, the Football League has announced.
Nottingham Forest and Fulham were found to have breached the rules for the previous season but Both clubs will have the opportunity to have their FFP embargo lifted at the end of the season by demonstrating that they have stayed within the maximum permitted deviation of £13m.
Bolton Wanderers on the other hand, failed to submit the relevant paperwork to the league on time which means they have also been hit with an embargo. They can have their embargo lifted by complying with the Championship regulations.
The news will come as a huge blow to all three sides, who’s managers would have been planning to add fresh faces in the January window.
For Bolton, a potential takeover will help improve the financial situation at the club and if it occurs in the next couple of weeks, the club will be able to submit the correct paperwork and begin to sign players next month.
Nottingham Forest currently sit in 15th place in the Sky Bet Championship table and Fulham currently occupy 18th.
League One side Millwall were also found to have breached the rules ‘but will not face any further sanction, in line with Championship FFP regulations, following the club’s relegation to League 1 as it was not deemed to have gained any significant advantage.’