Birmingham City has had its transfer embargo lifted by the Football League.
The Blues have been unable to sign players since being placed under embargo in March for not filing their 2010-2011 accounts in time.
A statement from acting club chairman
"Despite the lifting of the embargo, we still need to ensure that this financial prudence remains in place going forward.''
Meanwhile, Blues captain
"I'm delighted that
"I've worked with Stephen both as a player and a coach and I know that he's not just a fantastic, international-class player but he's also a leader. Stephen is a major influence both on the field and in the dressing room and he'll continue as my captain this season.''
Carr added: "It's good to get it sorted. I'm buzzing now and I can't wait to get back and get restarted with the lads. Hopefully we'll have a successful year. I always wanted to re-sign once everything was right for me and I'm happy to be extending my stay here.''
The League Managers Association has given its backing to suspended Brighton & Hove Albion boss Gus Poyet after he failed to attend a disciplinary hearing at the club on Monday.