Birmingham City have finally had their transfer embargo lifted by the Football League. It was first put in place in March when the club didn’t file their accounts.
Acting chairman Peter Pannu said: “We are pleased that the hard work of those at the club and the Football League has paid off and that the financial prudence put in place since Carson Yeung’s arrest has been recognised.
“Despite the lifting of the embargo, we still need to ensure that this financial prudence remains in place going forward.”
The good news for the club was coupled with captain Stephen Carr signing a new 1 year contract at St Andrews