Atlético de Madrid and Real Madrid have been sanctioned for two transfer windows by the FIFA Disciplinary Committee for breaches relating to the international transfer and registration of players under the age of 18.
The transfer ban does not affect the current registration period at all. This means they’ve got about two weeks to sign players for the next two windows.
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 given 90 days in which to regularize the situation of all minor players concerned.
The players at the heart of Madrid cases featured in games between 2007 and 2014.