Spanish capital giants Real Madrid and Atletico Madrid have been handed transfer bans for the next two transfer windows.
World football governing body Fifa made the announcement after finding the two clubs guilty of breaching rules over the transfer of minors.
The two clubs, however, will be allowed to register players during the current transfer window which ends on January 31.
Atletico and Real have also been handed heavy of fines of £622,000 and £249,000 respectively.
A statement released by FIFA on Thursday confirmed the sanctions.
“The FIFA Disciplinary Committee has sanctioned Spanish clubs Atlético de Madrid and Real Madrid for breaches relating to the international transfer and registration of players under the age of 18.
“The two clubs were found to have violated several provisions concerning the international transfer and first registration of minor players as well as other relevant provisions with regard to the registration and participation of certain players in competitions.
“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, which does not affect the current registration period at all, given that it opened before the decisions were notified, 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.”
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