Former Fifa vice-president Chung Mong-joon has been banned for six years and fined 100,000 Swiss Francs (£67,000).
The punishments were handed out by the ethics committee of football’s world governing body.
Blatter, Valcke and Uefa president Platini are being investigated by the committee over corruption allegations.
“The grounds for these decisions are the investigations that are being carried out by the investigatory chamber of the ethics committee,” it said in a statement.
The three are banned from any football activity in the interim. They deny any wrongdoing.
Swiss prosecutors last month opened a criminal investigation into Blatter over a Caribbean World Cup TV rights contract he signed, and a 2011 payment of 2 million francs to Platini, whose status the Swiss attorney general has described as being between a witness and an accused person.
($1 = 0.9663 Swiss francs)
Issa Hayatou of Cameroon is now set to be interim FIFA President.
On the field of play it will Trinidad and Tobago versus Panama in Panama City tonight in a friendly international aimed at preparation for both national teams for world cup 2018 qualifying.