Real Madrid, Atletico Madrid banned by FIFA from signing players

    By Matias Grez

    Updated 1726 GMT (0126 HKT) January 14, 2016

    Jackson Martinez joined Atlético from Porto for $35.3 million in July 2015, but the two main Madrid clubs face a transfer embargo until July 2017.
    Photos: How will Madrid clubs cope with transfer ban?
    Jackson Martinez joined Atlético from Porto for $35.3 million in July 2015, but the two main Madrid clubs face a transfer embargo until July 2017.
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    Croatia midfielder Mateo Kovacic (left) joined Real Madrid from Italian side Inter Milan for $29.2 million in August 2015.
    Photos: How will Madrid clubs cope with transfer ban?
    Croatia midfielder Mateo Kovacic (left) joined Real Madrid from Italian side Inter Milan for $29.2 million in August 2015.
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    Argentine striker Luciano Vietto made the switch to the capital from Villarreal, costing Atletico $18.7 million in June 2015.