The Football League and Leyton Orient have refused to deny the club are currently under a transfer embargo for late filing of their accounts.

The Guardian Series understands the O’s are unable to sign players after failing to submit their accounts for 2013/14 by the deadline in March.

When asked about the situation, the Football League’s head of communications John Nagle replied: “The league has a long standing policy of not commenting on matters relating to transfer embargoes.”

The O’s have just been relegated to League Two and could face a huge upheaval in the squad this summer with four loanees returning to their parent clubs and another 12 players out of contract at the end of next month.

Orient failed to issue a response to the story after being contacted by the Guardian Series.

The prospect of a transfer embargo this summer could have a major impact on the club’s preparations for next season with only 13 players contracted to the O’s for next year.