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Man City, United, Chelsea, Liverpool may be out of Europe, & what about Real Madrid?

English clubs face a battle to qualify for European competition in future under regulations this week rubber-stamped by UEFA's executive committee, with sides involved in the continent's premier competitions only allowed to spend what they earn from 2012.

The new rules would threaten the participation of Manchester City, who made a £93million loss last year, in European competition as well as Chelsea - who made a £47m loss - unless they change their spending habits. But Manchester United insist they will pass the new UEFA 'financial fair play' test, despite making a £93m loss last year.

But just how do the new rules apply to the Premier League and Europe's most famous sides? Sportsmail clarifies a few of the key questions...

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technowax2339d ago

Hold on, I thought United made a profit last year. At least this may curb the spending of the idiotic teams like City and Real. Modern day football is messed up enough without teams paying the type of transfers and wages that these circus' entertain.