Some huge news breaking out of Spain right now.
Real Madrid and Atletico Madrid have both been slapped with transfer bans for breaches relating to the international transfer and registration of players under the age of 18.
The pair will not be allowed to register any new players in the next two windows – although they are free to make participate in the current January transfer window.
They have also been hit with fines – Atletico must pay 900,000 Swiss francs and Real 360,000.
Here’s a section of the lengthy statement that FIFA have put out:
“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.”