BREAKING: Chelsea are free to sign players in January as their transfer ban has been reduced by the Court of Arbitration for Sports.

The Premier League side were given a two-window ban by Fifa in February for breaching rules on signing young players.

Cas halved the ban to one window, which was served during the summer.

It also reduced the fine for the London club from 600,000 to 300,000 Swiss francs (£230,000).

Cas found that the Blues "did violate" rules "related to the international transfer of minors" and "to the first registration of minors" but "for a significantly smaller number of players" amounting to "about a third of the violations found by Fifa".

This news will come as a boost for Chelsea Manager Frank Lampard and his young side as in the past week they have been linked with transfer signings like Jadon Sancho (Dortmund) Ben Chilwell (Leicester) and Timo Werner (Leipzig).

Chelsea currently 4th on the English Premier League will look to finally spend proceeds from sale of players like Real Madrid's Eden Hazard, Alvaro Morata and Arsenal Flop David Luiz.

Fan reactions on twitter.

Good one for Chelsea Fc. We just need one more attacker and a central defender and we will become a team to beat. Like for Chelsea share for arsenal

Good,Zouma should be the first replacement