The Court of Arbitration for Sports (CAS) has lifted the transfer embargo placed on Chelsea FC of England.
The CAS lifted the ban on Friday following an appeal against the two-window transfer ban handed down by FIFA last February.
Chelsea will now be able to sign players during the January transfer window.
FIFA found the London club guilty of breaching article 19 of its regulations on the status and transfer of players (RSTP), which concerns the protection of minors.
CAS reviewed evidence from the Premier League club and world football’s governing body and determined that the ban should be reduced.
The body halved the two-window transfer ban and their financial sanction.
“The following sanctions have now been imposed by the CAS: Chelsea is banned from registering any new players, either nationally or internationally for one entire registration period, which the club already served during the 2019 summer registration period,” CAS said in a statement.
“Chelsea is ordered to pay a fine to FIFA of the amount of 300,000 Swiss Francs. The warning and the reprimand are confirmed.”
The decision is a big boost for Chelsea manager, Frank Lampard, who is in need of a left-back.
Chelsea, who currently sit in 4th position on 29 points, will now be able to search for a possible replacement for Eden Hazard who left for Real Madrid in the summer.