Nottingham Forest have been handed a transfer embargo by the Football League after failing to comply with financial fair play regulations.
The Reds are unable to make any additions in January after making losses of more than £8 million during the previous financial year.
It is a blow for Forest boss Stuart Pearce, who would have been looking to utilise the opportunity to enhance the quality of his squad, as they aim to put together a play-off charge.
Pearce is not the only person affected by the embargo, though. Another person involved at Forest who is set to be heavily impacted by the Football League's decision is Jack Hunt.
The full-back arrived at the City Ground in the summer on loan from Crystal Palace and he has impressed so much that the Reds were hoping to make his transfer permanent in January.
Although the the two teams were some way from agreeing a price for Hunt, there still remained hope that a deal could be done.
However, the news today means that Hunt will return to Palace and have to look to try and gain a place in their starting line-up.
When asked earlier in the season, Pearce said that the former Huddersfield Town man was keen to make the move to Forest, but his hopes have been dashed today.
Hunt has played 18 times for Forest so far this season, although he hasn't been in the starting line-up more recently.