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Published 08:47 27 Nov 2015 GMT
Updated 14:48 27 Nov 2015 GMT
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Mundo Deportivo note that the decision is yet to be publicly confirmed by FIFA, and the publication suggests that Madrid are likely to appeal any decision, potentially delaying the enforcement of any ban.
If the club ends up receiving comparable sanctions to those applied to Barcelona, they would be able to sign players during the suspension but would be forbidden from registering any additions to their squad.
Barcelona's summer signings, Arda Turan and Alaix Vidal, are unable to play for the club until 2016.
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