Coventry City have announced that their transfer embargo has been lifted.
The Sky Blues confirmed in early April that the club had been placed under a transfer embargo by the EFL.
It was a decision that was branded “disappointing” and “ridiculous” by Coventry chief executive Dave Boddy at the time.
A number of other Championship clubs were reported to be affected as well for the same reason.
The Sky Blues explained in a statement last month: “The Government, due to the coronavirus crisis, allowed companies to extend the deadline to file company accounts by three months and Coventry City chose to take up this option.
“Unfortunately the EFL has decided not to replicate this extension within their own rules, which surprises us as they have amended a number of other rules due to the coronavirus pandemic.
“Coventry City will be filing their accounts as required by Companies House within three months of the end of February, at which point the transfer embargo from the EFL will be removed.
“This is purely an administrative embargo imposed by the EFL. This has no effect on the day-to-day running of the club or its finances, and will have no effect on planned transfer activity in the upcoming transfer window.”
Boddy added: “It’s disappointing that the EFL have chosen to do this.
“The Government has allowed companies to extend the deadline to file accounts and we chose to do this, extending from the end of February to the end of May.
“It’s ridiculous that the EFL’s regulations on this do not replicate this approach that the Government has taken, especially when they have amended other rules of their during the pandemic.
”The EFL’s imposition of this does not have any effect on us, but it is disappointing nonetheless that they have taken this approach to take action against clubs who are simply doing what the Government is allowing us to do.”
On Friday (May 28), the Sky Blues issued a fresh statement, which read: “Coventry City can confirm that its transfer embargo has been lifted by the EFL.
We want your views, Sky Blues fans. You can become even more involved with our Coventry City Live coverage by signing up to unlock a host of add-on features – such as commenting and joining the discussion on all of our stories, plus taking part in special Q&As where you can correspond directly with our Sky Blues writer Andy Turner about the latest news and transfer talk coming out of the club and elsewhere. Just click here to get started.
“The club submitted accounts for the year ended 31st May 2020 to Companies House on Thursday, in line with the Government’s extension to allow accountants additional time to complete audits following the pandemic.
“The accounts were also submitted to the EFL on Thursday, at which point they confirmed that the embargo has now been lifted.
“The accounts will be published on our website in the coming days.”