reduced the two-windows transfer ban by FIFA to one which they have already served.
FIFA on February bans the club for breaching rules on signing of young players.
The blues are free to sign players from January when the transfer market open for business. Chelsea has expressed gratitude to the CAS for diligent attention given to their appeal
Frank Lampard, the Chelsea boss says the bans reduction is a positive outcome for the club.
"It's a positive outcome for us. It allows us to the potential to look at the market going forward, he said.
"So I'm pleased from a footballing level. It was never my business to get involved in the reasons why or the legal side of it," he added.
Lampard and Chelsea have reason to celebrate their Chrismas joyously. With the bans lifted, Chelsea currently sitting fourth on the Premier League table have a great chance to strengthen yet a team full of talent and potential.
The club accused FIFA of treating them differently from other clubs with the same case.
"The approach taken by FIFA to this case has been deeply unsatisfactory, not least as FIFA chose to treat Chelsea entirely differently to Manchester City for reasons that make absolutely no sense to Chelsea," the club said in a statement at the club official website.
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