FIFA confirmed on Friday that Chelsea have been banned from signing players for the next two transfer windows.
The news came in a statement on its official website, in which it's noted the Blues have been punished "for breaches relating to the international transfer and registration of players under the age of 18."
Dan Roan of BBC Sport shared the news from world football's governing body:
Dan RoanBREAKING: Chelsea FC hit with transfer ban for next 2 windows by FIFA for breaking rules in the case of 29 players aged under-18.