1year transfer ban: Real Madrid deny all charges

The Santiago Bernabeu outfit have, along with city rivals Atletico Madrid, beenstopped from signing players after the end of the January window but insist no wrongdoingReal Madridhave confirmed that they will appeal Fifa's decision to hand them a transfer ban for the next two transfer windows, insisting they have done nothing wrong.

Both Los Blancosand city rivals Atletico were handed the sanctions for irregularities regarding the transfer of players under the age of 18, but Real have outlined the steps taken to ensure they followed the appropriate procedures in a new statement.Atletico have also confirmed that they will appeal the ban, though both teams are free to continue signing players in the current January window."Consequently, Real Madrid will appeal this decision by Fifa to all sporting bodies, considering it absolutely unacceptable," concluded Madrid's lengthy statement released on Thursday afternoon.

The club's general manager, Jose Angel Sanchez, and director of legal services, Javier Lopez Farre, has hold a press conference at 18:30 GMT while Atletico have also revealed their plan to appeal the sanctions.

This comes as the latest blow for Madrid in a rollercoaster season after they were kicked out of the Copa del Rey after selecting an inelgible player and sacked manager Rafa Benitez after just five months in charge.

Goal.com

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