I just got an email from Sky Sports offering a deal to watch all champions league games involving British teams on a delayed coverage for UK 5 pounds per month. see http://www1.sky.com/videolounge for details. sounds like a sweet deal to me. Although don't forget you can go to www.uefa.com and watch highlights of all games within 12 hours of the game.
I think that this offer is probably only available to UK subscribers. The same deal for Sky Sports Active that allows you to get Premiership coverage on the 'net is only available to persons in the UK. You have to have a UK address and credit card.