Sheffield Wednesday have had their transfer embargo lifted by the EFL with immediate effect.
The Owls were placed under an embargo by the Football League, meaning they couldn’t sign any players before the transfer window shut for permanent signings on August 9th.
But the club are now free to sign loan players until the window closes on August 31st, and are now also able to offer contract extensions to current players.
Barry Bannan, Lucas Joao and Gary Hooper, plus eight others, have contracts that will run out at the end of the current season.
A statement by Sheffield Wednesday said: “Sheffield Wednesday are pleased to inform supporters that the current transfer embargo imposed by the EFL has been lifted with immediate effect.
“The club has worked diligently alongside the EFL in a bid to ensure compliance with Profitability and Sustainability regulations.
“We would like to place on record our thanks to the EFL Executive for the support and guidance given to Sheffield Wednesday surrounding this issue.
“We would also like to thank our loyal fans for their continued support as we move forward together on and off the pitch.”
Wednesday travel to Brentford on Sunday in the Championship (15:00pm kick-off).