Real Madrid and Atletico Madrid given two-window transfer ban as La Liga giants punished for 'irregularities'

Real Madrid and Atletico have been banned from transfers after irregularities in signing of Under-18s. FIFA have sanctioned the Madrid clubs over 'irregularities in the signing of minors' - the same offence for which Barcelona received their embargo.

The pair will be unable to sign players in the summer or the next winter window. However, they can still register players for the remainder of this month. Atlético have been slapped with a CHF 900,000 fine, while Real have been told to cough up CHF 360,000.

More info: Mirror