The three teams were all placed in FFP regulations for the rest of the season.
Merry Christmas one and all and to three teams in the Championship a lovey little Christmas present from the Football League.
Here is a transfer embargo to see you into the New Year.
Forest and Fulham exceeded their losses of £6 million for a season and Bolton did not provide their accounts in time.
All three teams will not be able to buy players for the duration of the season - but each club's set of fans reacted differently to the news.
Forest acted with all the esteem of embargo professionals. They were placed in an embargo ten days before Christmas last year along with Blackburn Rovers and Leeds United.
Most Forest fans knew they would remain under an embargo for the rest of the season anyway, but the sale of Michail Antonio in the summer should see them out of it in the summer.
Here is how Forest fans reacted...
We were always heading to be out of the embargo in the summer stop the xmas meltdown #nffc— Jacko (@pauljackson3112) December 24, 2015
News outlets saying that #NFFC have been 'hit' with a transfer embargo. Wrong. We have been in one for a year now! Summer was always the aim— Lee Clarke (@Clarkey_No1) December 24, 2015
Football League and FFP is an absolute joke. At least 8 current Championship clubs have larger debt than #nffc but are not under an embargo.— ☆ RED REBEL ☆ (@Reds_Revolution) December 24, 2015
Why are we kicking off again about the embargo? We always knew we wouldn't be out of it until the summer anyway... #nffc— NFFC (@NottinghamRed99) December 24, 2015
Who's hosting the party then when we get out of this stupid embargo? #nffc— Thomas Tutin (@Thomas_NFFC_T) December 24, 2015
We'll do the embargo until the end of the season, then. It's a shuffling sort of dance. #nffc— Garibaldi Gallant (@TheGaribaldiG) December 24, 2015
Fulham fans however were much less pleased. They spent bags of money last season on purchases and wages but finished closer to the relegation zone than promotion. They now find themselves under an embargo and managerless, which has not sat well...
Jokanovic is going to watch Ben Pringle attempt to cross a football in to Matt Smith, clock that we're under a transfer embargo and resign.— JN (@JNorman_FFC) December 24, 2015
No manager and a transfer embargo, a very merry Christmas from Fulham Football Club. #ffc— Lord Craven (@wewonitonetime) December 24, 2015
As for Bolton fans. Well times are hard for The Trotters but their famous humour is not lost. Bolton have no money anyway, so how did anyone expect them to buy a player in the first place.
Oh no a transfer embargo!! I heard we were about to nip in for Reus ahead of Liverpool with a £42 million bid? Gosh darn. #BWFC— Jake Mitchell (@Jakeusmitchell) December 24, 2015
And now a transfer embargo. Such joy being a wanderer. Merry bloody Christmas #bwfc— Sean Scott Stevens (@JournoSean) December 24, 2015
In real terms #bwfc transfer embargo doesn't really mean much if you've no money to sign anyone anyway...— Wilf (@Bartims) December 24, 2015
#bwfc placed under transfer embargo! As if that matters we couldn't afford a tesco 5p bag atm anyway let alone a player.— phil dunnie (@philduncalf) December 24, 2015
#BWFC From bad to worse! Even if we had some money....transfer embargo! Humbug!— Gary Henshaw (@Henchontheradio) December 24, 2015
Can anyone tell me why a transfer embargo is relevant when we can't afford to buy any players anyway? #bwfc— Stephen Croston (@sdcrozzy) December 24, 2015
Bournemouth and Millwall also breached the rules.