Bolton Wanderers have confirmed that their transfer embargo has been lifted by the EFL.
The club had been unable to register new players either on loan or permanent deals since December 2015.
During this time, they were relegated to League One, but bounced back up to the Championship, where they currently play.
Bolton owner Ken Anderson told the official club site: "I am delighted to be able to tell you all that we are now out of the transfer embargo.
"We will now be able to register several of our existing players and I am pleased to tell you that Jeff King and Alex Perry will be the first to be registered so that they are now available for future selection in the First Team.
"I feel sure that other promising players will soon join them. As has been widely reported a number of 'Free Agent' players are currently training with us, with a view to getting a contract.
"I would like to thank you all for the patience you have shown during this time. The situation has taken far longer to rectify than I had imagined, largely due to the much-publicised ownership situation which has thankfully now been resolved.
"This is another positive step in the right direction and I trust that you will all continue to get behind Phil Parkinson, his staff and the players for the remainder of the campaign."