Real Madrid have had their ban on signing players reduced to one transfer window following an appeal to the Court of Arbitration for Sport, CAS.
A statement on the website of the Spanish club read: “CAS has today informed Real Madrid CF of their decision by which they have partially upheld the appeal lodged by the club against the FIFA resolution which imposed a sanction forbidding the signing of players for two transfer windows, reducing said sanction to just one period, corresponding to the January 2017 transfer window.
“The decision highlights the injustice of the original ban imposed by FIFA, although the club regrets that the CAS lacked the courage to revoke the ruling entirely,” the statement said.
The Spanish side had originally been barred from signing players for two windows by world governing body Fifa.
They remain banned from registering new players this January but will now be able to make signings next summer.
The club have also had their fine reduced from 360,000 Swiss francs (£282,000) to Sfr 240,000 (£188,000).
Both Real and fellow Spanish side Atletico Madrid were banned after breaching rules over the transfer of foreign players under the age of 18.
