- Chelsea banned by FIFA from participating in the next two transfer window
- The Blues were found guilty after breaching the rules for the movement of young players across clubs
- They will also pay a sum of £460,000 fine, while the FA also gets about £390,000 sanction by the world football body
World football governing body FIFA has banned Chelsea for two transfer windows after the club was found guilty of breaching codes guiding the signing of youngsters.
The Premier League giants have also been handed a fine of £460,000, while the English FA bags £390,000 sanction.
Though, the FA have a chance to appeal the fine, citing "concerns" with FIFA's disciplinary processes according to SkySport.
The publication further revealed that the Stamford Bridge side were found guilty of breaching article 19, which relates to the transfer of underage (below 18 yrs) 29 times.
Chelsea are also said to have been given about 90 days to ensure they correct all issues concerning the players involved.
Coach Maurizio Sarri's side have however debunked the claims according to SkySports, as the club "categorically refute the findings of the FIFA Disciplinary Committee and will therefore be appealing the decision".
During the ban, the Blues will not be able to sign new players, but will not be stopped from selling current stars to prospective clubs.
An official statement released by FIFA reads: "The FIFA Disciplinary Committee has sanctioned the English club Chelsea FC and The Football Association for breaches relating to the international transfer and registration of players under the age of 18.
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"Chelsea was found to have breached art. 19 of the Regulations in the case of twenty-nine (29) minor players and to have committed several other infringements relating to registration requirements for players.
"The club also breached art. 18bis of the Regulations in connection with two agreements it concluded concerning minors and which allowed it to influence other clubs in transfer-related matters.
"The Disciplinary Committee sanctioned Chelsea with a ban on registering new players at both national and international level for the next two (2) complete and consecutive registration periods.
"This ban applies to the club as a whole - with the exception of the women’s and futsal teams - and does not prevent the release of players.
Meanwhile, the signing of Christian Pulisic from Borussia Dortmund earlier this year might nit be endangered as he was already registered in FIFA's Transfer Matching System (TMS) in January, according to Sky Germany.
Chelsea while responding to the allegation said in a statement: "The club wishes to emphasise that it respects the important work undertaken by FIFA in relation to the protection of minors and has fully cooperated with FIFA throughout its investigation.
"Initially, Chelsea FC was charged under Articles 19.1 and 19.3 in relation to 92 players. We welcome the fact that FIFA has accepted that there was no breach in relation to 63 of these players, but the club is extremely disappointed that FIFA has not accepted the club's submissions in relation to the remaining 29 players.
"Chelsea FC acted in accordance with the relevant regulations and will shortly be submitting its appeal to FIFA."
It is unsure if Eden Hazard will remain at the club after this season or force his way out after failing to pen a new deal at the club.
His present deal expires in the summer of 2020 with Real Madrid heavily linked with a move for the Belgian.
Legit.ng earlier reported that FIFA are launching an investigation into Chelsea's transfer dealing involving over 100 players as the Premier League side risk being banned in the transfer market for two years.
Officials from the FIFA Integrity and Compliance unit have spent more than three years making inquiries in these cases.
According The Guardian, the number of cases being probed is believed to be over 100 as against an earlier report of 25.
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