Carlo Ancelotti insists he will not be rushed into buying new players in January even though the Court of Arbitration for Sport has suspended their transfer ban.

CAS agreed to suspend their FIFA-imposed transfer ban until a final decision is made in relation to their appeal.

FIFA banned the Blues from any transfer activity until 2011 after they were found guilty of inducing teenage Gael Kakuta to breach his contract with French club Lens.

Chelsea appealed to CAS against the punishment and also requested the ban be suspended until their case had been dealt with in full.

That is now likely to take place well into the new year.

The Blues will lose Michael Essien, Didier Drogba, Salomon Kalou and John Mikel Obi to the African Nations Cup in January but Ancelotti remains confident they can cope without them.

"Now, thanks to this decision we have time to look for new players," said Ancelotti.

"But we don't want to take a decision in this moment. At the moment, I'm very happy with the squad, these players, and it's not necessary at the moment to take new players.

"I know we will lose four in January but if we maintain the players' fitness we can do a good period also without the African players.

"Now our focus is on the game on Sunday. We can buy players in January, but now we have other questions to answer. It's not important now what we can do in January."

A statement from CAS today read: "The Court of Arbitration for Sport has granted the request for a stay filed by Chelsea Football Club Ltd and Mr Gael Kakuta in relation to the decision taken by the FIFA Dispute Resolution Chamber on 27 August 2009.

"The FIFA Dispute Resolution Chamber imposed, inter alia, a restriction of four months' ineligibility on Mr Gael Kakuta, and Chelsea Football Club Ltd was banned from registering any new players, either nationally or internationally, for the next two complete, consecutive registration periods. Such sanctions are now stayed until the CAS renders its final decision in this matter."

CAS are not expected to hear the case until the new year, which should leave Chelsea free to buy and sell as normal in January.

CAS confirmed on October 22 they had received an appeal from Chelsea asking for the ban to be stayed.

Immediately after the decision of FIFA's dispute resolution chamber was made public, the London club made clear their intent to appeal against the ban and compensation payments to Lens of almost one million euros, which they described as "disproportionate".

FIFA's DRC agreed with Lens that Chelsea had been guilty of inducing the youngster to break his contract and announced their verdict in a short statement on September 3.

"The French club had lodged a claim with FIFA seeking compensation for breach of contract from the player and requesting also sporting sanctions to be imposed on the player and the English club for breach of contract and inducement to breach of contract respectively," said FIFA.

"The DRC found that the player had indeed breached a contract signed with the French club. Equally, the DRC deemed it to be established that the English club induced the player to such breach.

"As a result the player was condemned to pay compensation in the amount of 780,000 euros, for which the club, Chelsea, is jointly and severally liable, and sporting sanctions were imposed on both the player and Chelsea.

"A restriction of four months on his eligibility to play in official matches is imposed on the player Gael Kakuta while the club Chelsea is banned from registering any new players, either nationally or internationally, for the two next entire and consecutive registration periods following the notification of the present decision.

"Furthermore, Chelsea, has to pay RC Lens training compensation in the amount of 130,000 euros."