From Soccernet.com:
No extra place for Liverpool - UEFA
LONDON, April 25 (Reuters) - England will face an agonising choice likely to be between the two Merseyside rivals for the Champions League next season if Liverpool win the trophy in May.
'It's not possible to have more than four places,' a spokesman for European body UEFA said on Monday dismissing any chance that England might be handed a fifth berth in the continent's top club competition.
Liverpool are fifth in the premier league and still on course for their fifth European Cup crown. They meet Chelsea in the first leg of their semi-final in London on Wednesday.
The top four in the premier league will qualify for the Champions League next season but if Liverpool are the holders the Football Association will have to chose between them and the fourth team, at present their city rivals Everton who are three points ahead of them with a game in hand.
The FA said earlier on Monday as saying it had already broached the subject with UEFA.
The spokesman, however, said the FA had not to his knowledge brought up the subject officially with UEFA and such a request would be turned down in any case.
'It's in the (UEFA) regulations,' he said. 'The country (in question) has to decide between the fourth-placed team (in the domestic league) or the title holders (of the European Cup).'
He said Spain had faced with the same dilemma five years ago and opted to allow European Cup holders Real Madrid, who had finished fifth in Primera Liga, to defend their title and entered fourth-placed Real Zaragoza in the UEFA Cup.
A source close to the English game said: 'In a way we would be penalised for our own success. If we had three spots (in the competition) we would get the extra place. It's only countries with four that don't get the extra place.'
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Clearly the only thing to do in that situation would be to have a playoff between the two teams in, say, the Millenium Stadium. As much as I hate them, I can imagine the amount of anger I'd feel if I were an Everton fan and they got passed over for us after their team putting in all the effort to make fourth. A playoff would be the only fair thing to do, and it'd be a big moneymaker to boot. And let's be honest, Everton's only going to be an embarrassment to England and the PL. Dammit how awesome would is it going to be if they have to make this choice in the first place ?!