London: Chelsea manager Frank Lampard admitted the club will be on the lookout for new faces in the January window after a FIFA-imposed transfer ban was reduced on appeal by the Court of Arbitration for Sport (CAS) on Friday.
The ban, imposed following violations in the recruitment of minors, was reduced from two transfer windows to one, which Chelsea already served in the summer.
A fine was also reduced from 600,000 Swiss francs ($607,000; £462,000) to half that amount by the Lausanne-based court.
Lampard insisted he had not yet had any conversations with Chelsea's board about transfer plans, but will start them now in earnest.
"It's a positive outcome for us. It allows us the potential to look at the market going forward," Lampard said at a press conference ahead of Saturday's Premier League trip to Everton.
"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.
"So from my point of view, for the club moving forward, it's obviously a good thing."
Traore signed professional forms for Chelsea in 2013 at the age of 18 but was not registered until January the following year.
At first they appealed to FIFA who partially lifted the ban in April, although only for players under 16 who are not "international transfers and first registrations of foreign minor players".
That left Chelsea still unable to sign players over 16 during the summer transfer window.
Chelsea had been eager to have the ban lifted at the time, or at least suspended pending an appeal, so they could be in a position to sign a replacement for Eden Hazard, who was sold to Real Madrid.
Nevertheless, in the absence of new recruits, Lampard has enjoyed success promoting several members of the club's youth academy to the first team.