Brighton & Hove Albion has confirmed that they have reported a Financial Fair Play result for the 2013/14 season, which complies with Football League regulations.
All clubs are required to notify the Football League of their independently audited FFP position for the previous season on or before 1st December each year, and Albion confirmed to the League by yesterday's deadline that their FFP result was within the permitted allowances of £8m as set out in the regulations.
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Chief executive Paul Barber commented, "While this won't come as a big surprise to our supporters, we are pleased to confirm that we have complied with the League's current FFP regulations. This means that the club will not face the sanction of a transfer embargo in January 2015.
In line with its statutory obligations the club will file its full audited accounts for 2013/14 with Companies House before 31st March 2015.