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This is what Miles had to say:

http://community.sigames.com/showthread.php/275220-OFFICIAL*-Blog-Feedback-Miscellaneous-Part-1?p=7092807#post7092807

And in the blog he said, 'A few finance changes have been made to the game this year too. Although the financial fair play rules are such big news at the moment, we’ve always made it harder in FM to get into debt than it is in real life, by limiting transfer budgets accordingly, but clubs in administration will no longer be able to get a license to play in continental competitions in the game.'

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