Hmmm, are there Fantasy Futbol leagues?
On Yahoo!, they have salary cap soccer leagues on the English Premier League, Spanish Liga, Italian Serie A, French Ligue 1, Mexican Primera división and Latin America's Copa Libertadores. I guess they should also have Europe's Champions League.
The problem with it is that scoring is way too complicated.
Played a few times (Spanish and Mexican leagues), did well but did not have much fun.
On the UEFA site there will certainly be an interesting Fantasy League on the incoming Eurocup, with easier scoring. 4 years ago it was lots of fun (And I got my ash whipped by my son Camus da Aquarius in a family league splashed with a couple of European A2Kers).
I also play fantasy soccer on the Mexican League in the web page of a rival newspaper, a classic this side of the border. This season, my team's name is Obama-lama-lama-ding-dong, and I'm currently on 4th place on my co-workers league (and about 11,000th overall).