World governing body, FIFA, has banned Spanish clubs, Atletico Madrid and Real Madrid from participating in any transfer activity for one year for dealing in under-aged players. FIFA said that investigations showed that Atletico had signed and used under-aged players between 2007 and 2014 while Real had done same between 2005 and 2014. The ban starts in July and ends in January, 2017. In addition to the ban, they were both fined 820,000 euros and 330,000 euros respectively. The body said its Transfer Matching System raised the alarm before its ethics committee swooped on the clubs. According to international football rules, players under the age of 18 cannot be transferred outside their country except in special cases and all transfers would need the approval of a special FIFA committee.
Barcelona had faced the same sanctions in April. 2014 but had been able to delay the ban till January and the summer of 2015. They launched an unsuccessful appeal to the Court of Arbitration for Sport. They still managed to complete the transfers of Luis Suarez and Ivan Rakitic in 2014.
Real and Atletico Madrid have not made any comment regarding the ban.