Source: Telegraph
Avram Grant faces race against time after transfer embargo lifted
The south coast club have been unable to register new players since October, when the restriction was imposed on the club due to unpaid football debts, but now have the chance to add to their struggling squad.[LNB]Grant, who was handed the task of saving the club from the drop at the end of November, faces a race against time to identify and sign any transfer targets, with the deadline closing at 5pm on February 1.[LNB] Related ArticlesPremier League Transfer TalkPortsmouth waiting game over payPortsmouth 2 Sunderland 1Campbell should help Portsmouth not sue themEngland need James movePortsmouth finance director resignsBut, such are the financial constraints on Portsmouth, the former Chelsea manager is restricted to free transfers and short-term signings.[LNB]''We are delighted that the transfer embargo for player registrations has been lifted by the Premier League," said chief executive Peter Storrie.[LNB]''The club and the Premier League have worked together to allow us to be able to do some business in the last week of the transfer window.[LNB]''Avram Grant will now be trying to bring in players to strengthen the squad in loan and free deals.''[LNB]The ban on registering players was said to be linked to payments owed to Italian side Udinese over the signing of Sulley Muntari, who has since returned to Serie A with Inter Milan.[LNB]An agreement between the two parties is now thought to be in place.[LNB]Revealing the news that sanctions had been lifted, an official Premier League statement read: ''The board of the Premier League has today lifted the player registration embargo on Portsmouth Football club under the conditions that they are limited to signing players on loan or who are available on a free transfer.[LNB]''The board has taken this action as Portsmouth FC has no outstanding debts to football clubs as of this date.''[LNB]
