Would you participate to a Football Manager Competition ? If yes, based on what kind of rules whould you organize such a competition ?

Few other questions :
1. what kind of system would you prefer ? 5 players ? 10 players ?
2. what championship do you think it would be the best, the most balanced one for a multiplayer game ?
3. how to make the selection : what player goes with what team ?
4. how much time would you have to participate to such a competition ?
5. how much time per day would you have to play Football manager ?

I think it would be nice if we can have a longer list of replies from people interested in this matter.