CHAMPIONSHIP clubs have agreed new Financial Fair Play rules in line with those currently used by the Premier League.

But the current rules will remain in place for this season and next – and that means any club which posts more than an £8m loss for last season, 2013-14, will be hit by a transfer embargo in January.

The new rules will come into force at the start of the 2016-17 campaign and will see clubs have their financial performance monitored over three seasons rather than one – the same time frame as top-flight outfits.

The current maximum permitted loss of £8m per season will be increased to an aggregate loss of £39m over the three seasons.

In the meantime the existing Championship FFP rules will stay the same for the current and 2015-16 campaigns.

Rovers posted a £36.5m loss for the 2012-13 season and managing director Derek Shaw has previously suggested the club was heading for a New Year transfer embargo.

But it is understood the clubs who go under an embargo will still be able to sign players on a one in, one out basis, if their squad drops below 24 established players and providing the player coming in does not earn more than 75 per cent of the monies paid to the player going out.

It is understood that Championship clubs are still awaiting receipt of the final FFP rules.

The new set of rules, agreed at a Football League EGM at Derby County’s iPro Stadium yesterday morning, will in future be known as the ‘Profitability and Sustainability’ regulations.

Meanwhile, a vote between clubs in Leagues One and Two over the introduction of artificial pitches was tied, meaning the proposals have not been approved.

In what the League called an ‘unprecedented’ result, 34 clubs voted in favour and 34 against, with four abstentions.