Blackburn, Leeds and Nottingham Forest handed transfer embargoes
Blackburn, Leeds and Nottingham Forest have been given transfer embargoes for the rest of the season for breaching Financial Fair Play rules.
The Championship trio have been handed the bans for not meeting the Football League's Fair Play Requirement.
Under existing rules, clubs were permitted to lose no more than £3m a season, with a maximum of £5m of shareholder investment in 2013-14.
The clubs will have the opportunity to have the embargoes lifted in June.
To do so, they will need to prove they have stayed within an operating loss of no more than £3m, with a maximum of £3m of shareholder investment for the 2014-15 season.
Blackburn managing director Derek Shaw said: "Whilst the ruling will clearly present some difficulties, we will of course respect the rules of the Football League.
Doesnt sound good does it ?