FIFA have rejected appeals from Real Madrid and Atletico Madrid, confirming the transfer ban for the next year.
The two Spanish clubs were found guilty of flouting the rules limiting the signing of minors and now cannot bring in any new players in the January window or next summer.
They will only be able to sign new members of the squad in January 2018.
FIFA have rejected appeals from Real Madrid and Atletico Madrid, confirming the transfer ban for the next year.
The two Spanish clubs were found guilty of flouting the rules limiting the signing of minors and now cannot bring in any new players in the January window or next summer.
They will only be able to sign new members of the squad in January 2018.
“The FIFA Appeal Committee has decided to reject the appeals lodged by Spanish clubs Atlético de Madrid and Real Madrid and to confirm in their entirety the decisions rendered by the FIFA Disciplinary Committee in the respective cases relating to the protection of minors,” read a statement.
“As such, both clubs are to serve a transfer ban that prevents them from registering any players at national and international level for the next two complete and consecutive registration periods for breaching articles 5, 9, 19 and 19bis as well as annexes 2 and 3 of the Regulations on the Status and Transfer of Players (the “Regulations”).
“The transfer ban applies to each club as a whole – with the exception of the women’s, futsal and beach soccer teams – and does not prevent the release of players.
“Additionally, Atlético de Madrid and Real Madrid have been fined CHF 900,000 and CHF 360,000 respectively, while both clubs have been issued with a reprimand and a warning and given 90 days in which to regularise the situation of all minor players concerned.”
Real Madrid have already announced they will appeal to the TAS (Tribunal of Arbitration for Sport).