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Trending: FIFA opens investigation into Sepp Blatter and Jerome Valcke

Here are the latest stories for Friday.

FIFA: FIFA has opened formal proceedings against former president Sepp Blatter, ex-general secretary Jerome Valcke and former finance chief Marcus Kattner.

- Real Madrid and Atletico Madrid have lost their appeals to FIFA against one-year transfer bans for breaking rules protecting underage players. They will now appeal to CAS in a final attempt to avoid a ban similar to Barcelona's in 2015.

- Argentina will remain No. 1 in the new FIFA World Ranking when it is released on Sept.