Chelsea cleared to make signings in January transfer window

LONDON (Reuters) - The Court of Arbitration for Sport (CAS) reduced Chelsea's transfer ban to one year on Friday, allowing them to make signings in the January transfer window, and halved a fine to 300,000 Swiss francs ($300,842.36).

"(Chelsea) is banned from registering any new players, either nationally or internationally, for one entire registration period, which the club already served during the 2019 summer registration period," CAS said in a statement.

(Reporting by Alan Baldwin, Editing by Catherine Evans)