Aston Villa, Liverpool, Juventus (maybe Inter when I get bored of the Old Lady), Nottingham Forest, Crystal Palace and, as always, Man City (I love the buying power).
I may try a German (Kaiserslautern, HSV or BVB - undecided), French (PSG, St. Etienne) or Portuguese (Porto, Braga, Boavista) club - depending on my work and school schedules.
An unrelated question - has anyone played the MLS? Does the league expand in 2011? If so, then I'll definitely take a trip out west to manage the Vancouver Whitecaps, as well.