"The situation is very temporary" - Shaymen issue statement after being placed under transfer embargo by National League

The Shaymen are one of six clubs the National League have placed under an embargo today, the others being Fylde, Aldershot, Hornchurch, Altrincham and Morecambe.

The reason stated on the National League website for all the clubs being given an embargo is for ‘non-compliance with league financial regulations’. No end date has been given for the embargo.

Town boss John McGrath told the Courier earlier this week he was still hoping to make further additions to his squad before Saturday’s home game with Boreham Wood.

In a statement, the club said: “Following the announcement by the National League that FC Halifax Town has been placed under a transfer embargo, we would like to clarify the situation to put people’s minds at rest.

"The situation is very temporary and relates to the submission of some financial budgetary information. Our information is being submitted late for reasons explained to the National League on Monday where a further extension was requested until Monday, August 17.

"They have their league rules and have chosen to go down this particular route. We fully expect to have our information submitted as described.

"We must stress it has nothing to do to do with the actual finances of the Football Club, everything is in good shape in that respect. It is purely administrative.”