Hull City have been handed a transfer embargo for three transfer windows – which means they will not be able to pay a fee for a player until January 2027.

There are concerns over the club’s finances after they were late making transfer payments to Aston Villa for the loan of winger Louie Barry last season.

That debt has now been settled but the delay was too long for the English Football League, who are set to confirm the Championship club’s transfer ban on Friday.

City do have a right to appeal against the decision but BBC Radio Humberside understands the club owe money to a number of additional creditors, including other clubs for previous transfers.

BBC Radio Humberside have approached Hull City for a comment.

The news comes in a week when owner Acun Ilicali told supporters at a question and answer session that the Tigers do not have money problems.

Speaking to BBC Radio Humberside on Monday, Ilicali also dismissed concerns and questions about the club’s mounting debt – that in the last set of accounts showed losses in excess of £60m.

“We don’t owe any money to anybody – the club owes money to me and I am the owner,” Ilicali said.

“I am spending from my pocket but we have extremely good players in the squad. I can say to the fans do not be under stress, we are fine.”