Cardiff say transfer embargo will be ‘removed’

Cardiff City have been placed under a transfer embargo by the EFL for “non-submission of annual accounts”.

The issue has arisen during the January transfer window.

The EFL regulation that applies to Cardiff’s case comes under the governing body’s ‘Profitability and Sustainability’ rules which state accounts must be submitted “no later than 31 December” in any season.

Cardiff City say the embargo is a short administrative delay and they expect the embargo to be lifted by the end of next week.

The Bluebirds added they do not expect it to impact the club’s plans for the transfer window.

Cardiff issued a statement “to clarify the situation”.

It read: “The club has no financial concerns. All necessary paperwork will be submitted in the coming days, this issue will be resolved and any embargo will be removed.