Cardiff City have been placed under a transfer embargo by the Football League following a breach of financial fair play rules.
The Bluebirds become the fourth Championship club currently under a transfer embargo, joining Bolton, Fulham and Nottingham Forest.
It is the second time in six years that Cardiff have had such a sanction imposed upon them.
The embargo will be in place for the rest of the January transfer window.
Read more:
http://www.bbc.co.uk/sport/0/football/35325391 
Comments
Tony Watt Watt Watt
Not as easy as it looks, this football game.
Can't really blame KM or Charlton for that IMHO.
But it just seems we're cursed.
She ain't got a clue
Katrien Meire
She ain't got a clue
No one knew this was happening. If anyone has acted in bad faith it is Cardiff.
Maybe the loan and transfer could have been structured or timed better by us but without knowing more about it I don't think I can blame her.
Full Cardiff City statement
Cardiff City Football Club can confirm that it has been made subject to an FFP embargo during the January 2016 transfer window. Whilst extremely disappointed that the Football League has decided to take this action, we will remain co-operative and compliant with the League’s position in respect of Financial Fair Play.
Having fully disclosed all matters in respect of our FFP position for 2014/15 and having taken independent expert advice, it is our firmly-held view that Cardiff City Football Club has indeed complied with the FFP requirements for season 2014/15 - contrary to the League’s position. As such, further advice will be sought, prior to a decision being made internally as to whether or not an appeal will be lodged.
The embargo, now in place (albeit subject to possible appeal), will stay in effect for the remainder of the January 2016 transfer window. Cardiff City Football Club again expects to trade within the set FFP limits for 2015/16 and therefore anticipates full participation in the summer 2016 transfer window.
:-)
However, the club is allowed to add new names to their roster if they have 24 or fewer established players, who are defined as being aged 21 or older and have at least five starting appearances for the club under their belt, on the books and certain other criteria are met.
The Bluebirds cannot pay, or commit to pay, any transfer or compensation fees for a player. They are permitted to sign an emergency goalkeeper, but only in line with existing regulations.
For incoming players, clubs can only pay Agents’ Fees as a benefit in kind to the player in question (as long as they do not exceed the £600,000 employee costs limit).
Loans, Eg: Watt, can be agreed but no fees can be paid to the parent club. Cardiff can pay a contribution of a loanee’s wage packet.
But the Bluebirds can only add a new addition, regardless of their age of playing experience, if the employee costs of a the signing are less than £600,000 per annum - or pro-rata if signed on a shorter contract.
It is also worth noting that the Championship club is allowed to register players under the age of 21 for non-first team matches.
Should there already be more than 24 players on the books, Cardiff can still sign players on a ‘one in, one out basis’ this month.
There are restrictions on this though and the costs of bringing the player to Wales cannot exceed either 75 per cent of the player heading out, or again, a maximum of £600,000 per annum - or pro-rata if signed on a shorter contract.
Roland Duchatelet: like King Midas, but absolutely shite.