Here's the official note released by Real Madrid, in regards of FIFA sanction, issued just yesterday, regarding a transfer market block until January 2018:
"In light of today's decision by the FIFA Appeal Committee, Real Madrid C. F. wishes to communicate the following:
1. The club regrets said decision, understanding it to be deeply unjust and contrary to the fundamental principles of disciplinary law.
2. The club will begin the appropriate appeals procedure before the Court of Arbitration for Sport (CAS), requesting that the decision be completely overturned, with absolute confidence that said organisation will come to an entirely favourable decision.
3. Real Madrid C. F. will request that the procedure be undertaken in an urgent manner in order to obtain a decision from the CAS as quickly as possible".