Burnley has been put under an immediate transfer embargo by the English Football League.
The Championship side put out a statement on Sunday evening confirming that they have been put under a transfer embargo.
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“We believe transparency in these matters is paramount and we want to explain why this has happened.” the statement reads on the club’s official website.
“In our continued efforts to improve and move forward Burnley Football Club we made the decision to change our auditors in November and the transition has taken longer than we anticipated.
“We can confirm that we have provided draft accounts and financial information to the EFL’s Club Financial Reporting Unit and we continue to have regular dialogue with the unit to ensure we remain as open and as transparent and answer any questions the League may have.”
BREAKING: Burnley have released a statement informing fans that they have been placed under an immediate transfer embargo by the EFL. pic.twitter.com/wgpRU7WVbe
— Sky Sports News (@SkySportsNews) March 12, 2023
Burnley have been put under a transfer embargo by the EFL.
It’s after they submit their accounts late.
More 🔽 #BBCFootball
— BBC Sport (@BBCSport) March 12, 2023