Oldham Athletic along with Scunthorpe United and Swindon Town are the three League Two teams placed under restrictions ahead of the new season.
In a statement the club said
Oldham Athletic can confirm it is a recipient of an EFL Monitored Loan Agreement which has been offered to clubs based on a three-year business plan to demonstrate financial sustainability over this period.
As a result of accepting the assistance the club is subject to an embargo, for a smaller period of time, but it still enables those under the same sanctions to function under certain limitations to fulfil fixtures and be competitive in terms of signing players that are available.
The club understands the concern this will have caused and wants to reassure supporters that it has taken the ruling into account during its ongoing recruitment process before agreeing to the loan.
