FIFA released an official statement confirming Barcelona's appeal ensures a "suspensive effect" is granted. Chairman of the FIFA Appeal Committee, Larry Mussenden, decided the governing body wouldn't be able to take a decision "early enough" to allow the Court of Arbitration for Sport's overall verdict before the next player registration window.

The transfer ban was originally imposed due to multiple breaches of FIFA rules involving minors—players under the age of 18—which Barcelona were said to have unlawfully signed on at least 10 occasions, per Luis. F. Rojo of Marca.

Fans will be majorly relieved by the overturning of the suspension, which means the Blaugrana can strengthen vital areas at the end of the season.

Barcelona's season has been ravaged by off-the-field scandal and poor form. Allegations of unsolicited funds paid to Neymar and his family upon the Brazilian starlet's arrival was just the beginning of a troubled campaign, as president Sandro Rosell left the club in the aftermath.

FIFA's original transfer ban indicated FCB's development would be put on hiatus for a year.

With players such as Victor Valdes and Carles Puyol confirmed to be leaving the club at the end of the season, it seemed Barca would be forced to rely on ageing stars and young talent across the next 12 months, per Nik Brumsack of the Independent.

The previously confirmed transfers of Marc-Andre ter Stegen and Alen Halilovic appeared to hang in the balance, noted by Guillem Balague during an interview with talkSPORT, but it now seems the two youngsters will receive the all clear to leave Borussia Monchengladbach and Dinamo Zagreb respectively.

Barcelona desperately need at least one new centre-back, with Mundo Deportivo claiming Mats Hummels is an admirer of the Camp Nou club, per talkSPORT. A marquee signing of this calibre, or indeed any acquisition at all, would be impossible without FIFA's latest development.

Unsurprisingly, some reactions on Twitter mocked the organisation's unwillingness to follow through with its original verdict. John Cross of the Mirror summed up the attitude that Barcelona were always going to be able to sign players this season:

John cross (Twitter) : Barcelona's transfer ban suspended pending an appeal to be held in 3256.

Dermot Corrigan of ESPN FC also suggested current Barca president Josep Bartomeu will meet with FIFA chief Sepp Blatter soon :

Dermot Corrigan (Twitter) : Interestingly [ahem] Mundo Deportivo say Barca pres Bartomeu to meet FIFA counterpart Sepp Blatter to discuss the appeal on May 6.

Barcelona harbour distant hopes of silverware this season after losing the Copa del Rey final, being knocked out of the Champions League and falling four points behind Atletico Madrid in La Liga.

This kind of return isn't good enough for a club of Barca's size, and indeed, could see Martino leave at the end of the season—reported by Steve Bates of the Mirror. The Catalan club has already initiated its rebuilding process with the signing of Ter Stegen and Halilovic, but will need more experienced purchases to improve their future challenge for trophies.

Although the transfer ban suspension is a major plus, allowing Barcelona to initiate their summer plans as originally expected, the club may still face sanctions further down the line.

Source : BR.

We can sign defenders and Ter Stegen, this is the end of Barça they said...

Excellent news. Please buy some midfielders and sell us back Fabregas. Thank you <3 xoxox.

The ban is ONLY suspended, not lifted.

"It's fairly standard in most cases that until the final verdict is given the punishment isn't executed. You are innocent until proven guilty and Barcelona haven't been found guilty in the appeal case - imagine if they were acquitted. FIFA would open themselves up to a huge law suit."

I copy pasted a comment on r/soccer that explains what's going on.

But like john cross said, who knows when the appeal will be held.

EDIT : btw the same thing is being investigated with real and atletico.

LOL. Bye Valdes :)

... Rama he played good this season to bad he got injured

^ Yeah... but he still needs to go

@rama how you see Fabregas future at Barca?

He is Barca's next Xavi IMO.

Valdes had a hell of a year. Fabregas can stay. Song needs to go. Masherano can slide back to CDM when we get a center back. I hope we can get that up and coming brazilian from PSG.
We need CBs that can BULLY the opposition, not cute center backs who can play tiki taka but get exposed as bunnies when we play the likes of Atletico, Bayern, etc.