MX23RW : Thursday, October 18 14:31:53

English Football League lifts Birmingham City transfer embargo

EFL lifts Birmingham transfer embargo
Birmingham City will be allowed to sign five players before the end of the transfer window after having an embargo lifted by the English Football League.

The English Football League has announced that Birmingham City's transfer embargo has been lifted but also stated that the club will only be able to sign up to five new players this summer.

The Championship club recorded losses in excess of the permitted amounts for the three-year period 2015-16 to 2017-18, the EFL confirmed.

Birmingham will now be referred to a disciplinary commission which has the power to invoke a full range of sanctions if the Blues are found in breach of Financial Fair Play rules.

Any players that Birmingham sign will be subject to a number of conditions, including a wage cap.

The Blues have also been allowed to register Danish left-back Kristian Pedersen, their only signing so far this summer, ahead of Saturday's opening league match against Norwich City.

"The EFL is exceptionally disappointed that the club entered into an employment contract with the player at a time they knew they would be subject to a business plan for 2018-19 if they were in breach," a statement said.

"The decision to allow the club to register Kristian Pedersen was taken after consideration of the legal position as between the club, player and the EFL."

Birmingham have also agreed to an EFL "business plan" in an attempt to meet the league's profitability and sustainability rules in future.

Share this article now:
Birmingham City
Read Next:
Birmingham City confirm transfer embargo
>

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel
Login, I already have my ad-free pass
Log in to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account