The Eagles were punished on Friday after a thorough investigation by football's world governing body
Fifa Disciplinary Commission has sanctioned Serie A club Spezia from signing new players after they were found guilty of bringing several underage players from Nigeria to Italy.
They have been banned from signing new players for four transfer windows, starting from January 2022 till the summer of 2023.
In addition to the suspension, Spezia will also pay a fine of 500,000 Swiss francs.
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The Eagles finished in the 15th spot during the 2020-21 Serie A season and the punishment come as a blow to former PSG star Thiago Motta who was appointed as new manager a week ago.