To get news directly on the go, download the Real Chelsea Fans App
FIFA had imposed a two-window ban on Chelsea after accusing the club of breaching regulations in relation to the signing of youth players. The Blues were also fined more than £460,000.
Chelsea were found guilty of 29 incidences of breaching article 19, which relates to the transfer of players aged under 18.
Chelsea’s appeal to FIFA regarding the ban was thrown out, but in June the club submitted an appeal to the Court of Arbitration for Sport (CAS).
Chelsea’s transfer ban has now been halved by CAS, permitting the club to sign players in January.
CAS reviewed evidence from the Premier League club and world football’s governing body and determined that the ban should be reduced.
Speaking in November, Chelsea boss Frank Lampard admitted that he’d like to make some signings if the ban is lifted.
Lampard said: “As Chelsea we will always look to improve in windows if we can.
“If we’re allowed to and if the players we might look at are better or we feel are adding to the squad.
“I’m interested in what happens because it’s going to affect what we can do in January or not. At the moment, I’m very happy with what I’ve got and hopefully the fans are as well.”