Don't think FFP rules come into effect this season. Think it's next year, though I don't really see FIFA banning City, Man United, Liverpool or any other big club from European competitions.
It's a shite rule.
Kompany voiced his concerns over FFP on his Twitter saying its destroyed dreams and other teams will simply not be able to compete with the top now because they can't use financial muscle.
I can't wait for the first club to take UEFA to court - experts looked at it and they used Cty as an example and they said they have a very strong case and could win on anti-competition grounds.