BRAINTREE Town have issued a club statement after being placed under a transfer embargo by the National League.
The embargo is in place after Iron failed to pay player wages and prevents the relegated National League side from signing a new player or changing the terms of an existing loan, except where the terms of the embargo allow.
Braintree, who will play in National League South next season, are currently up for sale.
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The Iron announced last month that their board of directors are looking for ‘fresh and additional investment’ to help the club consolidate and push forward in the future.
The Braintree Town statement reads: ‘The Club can confirm that we have been placed under a player signing embargo by the National League.
CLUB STATEMENT
The Club can confirm that we have been placed under a player signing embargo by the National League. While the Club budgeting for last season was in accordance with league rules, a number of key factors have left the Club with a shortfall: over-spend of the… pic.twitter.com/O8NdzPHnQc— Braintree Town FC (@braintreetownfc) May 16, 2026
‘While the Club budgeting for last season was in accordance with league rules, a number of key factors have left the Club with a shortfall: over-spend of the playing budget; bad debts from sponsors; money owed by The FA for players salaries who played international football eighteen months ago; and poor results which have seen a big drop in attendances and associated gate, clubhouse and sales & marketing income.
Statement - Braintree Town chairman Lee Harding (Image: Newsquest Ltd)
‘The Club is committed to paying what is outstanding and is currently looking to secure investment and may yet receive additional league central funding, windfalls from player inclusion in the World Cup and transfer sell-on fees, but we are still waiting to see when these will be available.’
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