Bulgarian champions CSKA Sofia have been excluded from next season's Champions League after failing to meet licensing criteria, the Bulgarian Football Union (BFU) said.
"CSKA will not participate in the 2008/2009 UEFA's Champions League as this is a final decision," the BFU said in a statement.
CSKA won their 31st Bulgarian league title this season and earned a place in the Champions League's third qualifying round but could not meet the BFU's Licensing Commission conditions.
The club owe money to the National Social Security Institute, National Revenue Agency and creditors.