This was on the BBC site this morning.
Two of English football's top-four clubs could be excluded from European competition in future as they fail Uefa rules that are about to be introduced.
The Financial Fair Play Regulations do not come into force until 1 June and will not really bite until 2013.
However, a study of recent accounts by BBC Sport shows Chelsea and Manchester City would fall well short of the rules if they were being applied today.
City were £110m in the red while Chelsea showed a deficit of over £50m.
Uefa's rules allow clubs to run up losses of £65m over the first five years.
Financial fair play has been introduced by European football's governing body Uefa to try and level the playing field between clubs funded by the super rich and those less fortunate.
In simple terms, teams cannot spend more than they generate from the football side of their business.
Surely there's plenty of other clubs around Europe that would suffer? Real Madrid spring to mind. They seem to have their debts written off every year. Barca?
Can't say I disagree with the principle though. If it can be worked then it's something I'd like to see on a domestic level throughout european leagues. Stop these silly wages once and for all.
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Damn these seriously wealthy new owners!
: - )