In a statement released on Bolton Wanderers’ official website, Ken Anderson has confirmed that the club’s transfer embargo has been lifted.

Bolton were hit with the initial punishment in late 2015, and it has significantly hindered the club on their return to the Sky Bet Championship in the summer of 2017.

Phil Parkinson was limited in his transfer business over the summer, which has had a major impact on Bolton’s performance in the Championship, with the club currently struggling at the foot of the table with just two points from seven fixtures.

In his statement Anderson has indicated that there will be some player movement at the Macron Stadium, with Jeff King and Alex Perry the first players set to link up with Parkinson’s squad.

The Bolton chairman has also confirmed that the club will now be able to sign some of the free agents currently training at the club, if Bolton decide to hand them contracts.

Whilst the club’s senior figures have been dealing with the transfer embargo, Parkinson will have been focusing on matters on the pitch, with his side still searching for their first victory of the season.

The Trotters travel to Ipswich Town on Saturday afternoon.

The Verdict  

This is wonderful news for everyone associated with Bolton, who now have an opportunity to strengthen their playing squad.

Parkinson is an excellent manager, but has been working with his hands tied a little, which will not be the case now the embargo has been lifted.

Bolton will hope the positive news off the field will help improve things on it, with Parkinson’s side in desperate need of a victory.

Bolton fans… Let us know your thoughts!