Real Madrid's transfer banhas been reduced, with the club now ableto sign new players next summer.
Real had been punished for breaching rules over the transfers of foreign players under the age of 18. The La Liga giants revealed the news via a statement on theirofficial club website, maintaining their opposition to their original ruling.
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"The Court of Arbitration for Sport (CAS) has today informed Real Madrid C. F. 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 statement reads.
"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 Court of Arbitration for Sport met on 14 December to consider the appeal lodged by Real against the sanctions imposed by the Disciplinary Committee of FIFA, which was ratified by the Appeals Committee, for violating rules on signing under age players.
Real were originally meant to serve a transfer suspension until the winter window of 2017-18, but the reduced punishment means the side will be able to sign new players in the summer.