League One club Coventry City have seen their transfer restrictions have been lifted.
The Sky Blues will no longer have to put up with sanctions the FA had made them operate under. The changes mean the club will no longer work on a one in one out basis but under new constraints set out for them.
These will last until the club can demonstrate it can operate in a financially sound way.
One of Coventry's directors spoke of his and the management team's joy at being allowed to operate in the transfer market again.
Steve Waggott said: "Myself, Steven Pressley and Neil MacFarlane are delighted to be able to resume a more normal service with regard to the future transfer of players…We have prudently cut the cost of our first-team squad over the last few months, while maintaining our competitiveness in League One.”
The club will still have to work within the league's guidelines but the relaxed sanctions will help the Sky Blues as they look to take off in the league.
Waggott added: "Like all clubs, we still have to fulfil the Salary Cost Management criteria and operate under the Football League's rules and regulations, but to be able to plan in a more normal operational manner is great news."
Coventry are now said to be working towards making two of their loanees permanent transfers to the club.
Chris Dagnall and Dan Seaborne joined on loan but are said to be the main targets. It's not all good news for Cov as they were shocked on Monday as top scorer Leon Clarke handed in what is said to be a formal transfer request to the club.
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