Sheffield Wednesday have been handed a three-window transfer fee restriction, the EFL have confirmed.
This comes after the Owls exceeded 30 days of late payments between 1 July 2024 and 30 June 2025, and means they will not be able to sign anyone for a transfer fee until January 2027.

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Wednesday previously made the headlines in May after it was revealed they had failed to pay their players on time for the second time in three months.
The embargo will restrict the South Yorkshire club to free transfers and loan moves, who plan to appeal this decision.
A statement from the EFL read: “The EFL can confirm that Sheffield Wednesday Football Club is now subject to a three-window fee restriction after exceeding 30 days of late payments between 1 July 2024 and 30 June 2025.
“In accordance with EFL Regulations, the restriction will cover the entirety of this summer’s window and two full windows thereafter (Winter 2026 and Summer 2026).
“The Club has notified the EFL of its intention to appeal this decision and this will be heard in due course.”
More to follow.