According to the Daily Mail, Michel Platini is close to establishing strict financial criteria clubs must meet in order to participate in the Champions League.Clubs that make consecutive losses over three seasons will be barred from the competition if the new regulations are passed by the UEFA organization.
Clubs such as Chelsea and Manchester City are also said to be in trouble as both respective owners have been writing off their clubs' huge debts.
Chelsea posted a £44.4million loss last season, which was their sixth consecutive season posting a massive loss.
Manchester City posted losses of £92m in Sheik Mansour’s first year of ownership and could match Chelsea's record loss of £140m from 2005 in the coming years.
With Liverpool posting a loss of £40.9m in 2008, the £40m sale of Torres would help offset the loss and allow the club to participate in the competition.
If Chelsea, Manchester City or Liverpool have any ambitions in the Champions League, the new proposed regulations might hinder their opportunities.