Bank of Cyprus, which was also exposed to Greek debt, might also be involved in the restructuring.

NPR: Cyprus Locked In Tough Talks As Deadline Looms

"Then the Cypriot banks will no longer be solvent, and Cyprus will be in a very difficult situation, " said Schaeuble who insisted that every country involved in Europe's debt crisis is different.

NPR: Cyprus Deposit Tax Rattles Markets

It will ask a number of questions, including whether there is too much debt in the game and how fans can be more involved in governance.

BBC: Former FA chief due at inquiry into football governance

They are causing me to have relationship problems in that most people do not want to be involved with someone who has so much person debt.

FORBES: America's Existential Peril: 29 Years Old, In Debt, and Disheartened