MX23RW : Monday, November 25 02:57:51| >> :120:37690:37690:

Fulham confirm transfer embargo lifted by Football League

Fulham announce that the Football League has lifted the club's transfer embargo.

Fulham have confirmed that their transfer embargo has been lifted by the Football League.

The Championship outfit were restricted in their ability to buy players in the January transfer window after they recorded a loss greater than the £6m allowed in the year after relegation.

Now, though, the Cottagers are free to spend when the transfer market reopens in the summer.

A statement from Fulham read: "Following confirmation from the Football League, this afternoon Fulham FC announced that its transfer embargo has officially been lifted, and that it is free to trade over the summer months.

"Fulham faced a ban during the previous January window, however It was still be possible to trade within the set FFP limits, which saw a number of players join the club. The embargo arose as the club made an adjusted loss greater than the £6m limit allowed by the Football League in the year following relegation.

"With the embargo now lifted, the club will continue to pursue its targets in an effort to ensure it has a squad capable of competing successfully in the 2016-17 Sky Bet Championship campaign."

Fulham finished 20th in the Championship table, 11 points above relegation.

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Ross McCormack of Fulham celebrates scoring from the penalty spot during the Capital One League Cup Second Round match between Fulham and Sheffield United at Craven Cottage on August 25, 2015
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