The world football governing body has on Thursday sanctioned Real Madrid and Athletico de Madrid from registering players in the next two windows.
The Spanish sides were found to have broken the organisation’s rules in relation to international transfers of players under 18 years of age.
According to FIFA Disciplinary Committee, Atletico were fined €820,000, while their city rivals must pay €330,000. The two clubs will be permitted to sign and register players in the current transfer period, which closes at the end of January, but will then be unable to bring in new additions until the summer of 2017.
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 1.
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