Chelsea are back in business.
On Friday, the Court of Arbitration for Sport [CAS] announced that it had decided to halve both the fine and the two-window transfer ban placed upon the club by FIFA in February for breaching rules regarding the signing young players.
Consequently, the Blues are now free to re-enter the market next month.
Of course, Chelsea are by no means desperate to buy players. Despite being unable to strengthen his squad with new acquisitions during the summer, new manager Frank Lampard has surpassed all expectations with his mix of academy products and revitalised veterans.
The Blues presently sit fourth in the Premier League and will guarantee qualification for the last 16 of the Champions League by beating Lille at home next week.
However, Lampard will still be looking to add to his squad. Indeed, Chelsea were always confident of having their transfer ban reduced on appeal and have, consequently, already identified potential targets for the January window.
Borussia Dortmund's Jadon Sancho is top of the list, although the Blues are well aware that they are only likely to win the race for the in-demand England winger with a club-record fee far exceeding the £72 million ($95m) they paid for goalkeeper Kepa Arrizabalaga 18 months ago.
Chelsea also know that they will have to go high if they are to have any hope of landing Leicester City left-back Ben Chilwell.
The Foxes are riding high in second place in the Premier League and are, thus, dead against even considering a January sale.
GOAL
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