Former English Premier League clubs Birmingham and Coventry have been banned from the transfer market for failing to submit their financial accounts on time to the Football League.

The central England clubs missed a March 1 deadline to file reports with the Football League, which oversees the second-tier League Championship in which both play.

Although regular transfers are not possible between the end of the January transfer window and the end of the season, clubs can still sign out-of-contract players or bring in players on loan.

Birmingham blamed delayed auditing following the arrest on money laundering charges of owner Carson Yeung.

Coventry says it is ''still in the process of agreeing and negotiating budgets'' with its owner.