Championship trio Bolton, Fulham and Nottingham Forest have been hit with immediate transfer embargos for the rest of the season, report the Daily Mail.
Both Fulham and Forest are adjudged to have lost in excess of £6m, the maximum now allowed, over the past year.
Meanwhile, Bolton have been slapped with a restriction after being unable to submit their Financial Fair Play return.
Off the field issues are rife for the Trotters, who have been issued a winding up order by the HMRC over their unpaid tax bill.
All three clubs will not be allowed to sign any players in next month’s transfer window as a result of their financial issues.
Premier League club AFC Bournemouth, who won the second tier last season, are also reported to have lost over £6m last year.
That means that they too will suffer implications, though that’s likely to come in the way of a fine rather than a more serious embargo.