No it doesn't. Re read it.
The HDM Article states exactly that. Perhaps they've made it up but I am going off of their reporting. The embargo was a result of the Barry fee the restriction of paying fees is for late payments. Are you saying you think it's them who made it up?
"City are no longer under a transfer embargo after settling an outstanding debt with Aston Villa surrounding Louie Barry’s loan in January, but the punishment for failure to make payments within a 30-day period stands..
The Tigers are alleged to have missed more than 30 days of payments to football creditors in the past 12 months, with the fixed punishment for that being a restriction on buying players for three transfer windows, which takes the club until January 2027."