Two European powerhouses, Real Madrid and Atletico Madrid have lost their appeals against transfer bans on signing players in the next transfer windows. The world football governing body have punished them for breaching rules over the transfer of foreign players under 18.
Initially, FIFA ruled on the case in January, but the appeals meant both clubs could sign players this summer. This ban means that the Madrid clubs have been blocked from registering new players until 2018, they can make deals to sign players but cannot register them to play.
However, the two Spanish giants, last year’s Champions League finalist have announced they will launch a final appeal to the Court of Arbitration for Sports.
Barcelona served similar ban in 2014, which stopped them from signing players in two successive windows.
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