Uefa’s financial fair play legislation has arrived. The limit on spending will come into effect for the 2013/14 campaign but the monitoring of teams has begun. Over the next two seasons clubs will not be allowed a total loss greater than €45 million and UEFA reserve the right to ban them from European club competitions should they overspend.
Probably not, most clubs will just find the loopholes and exploit them.
We'll have to wait n see.