Snowflake RoyalWycombe RoyalSnowflake Royal The key is that the owner's money and the club's money are not the same thing. If the club had money we could spend it. What we can't do is be gifted or loaned someone else's money to spend well beyond our means.
If your outgoings are a 130% of your income, you have no significant savings and you owe your parents thousands, it doesn't matter how rich your parents are and how much more they can loan you, you're still broke.
It's a stupid argument though, because we're not going to be gifted money and spend yet more we don't have because a fine and / or embargo and / or points deduction would be very bad so Nameless's comment is pointless.
In any other line of business a parent business can inject capital to allow them to continue trading beyond their means. FFP in football stops that happening regardless of how rich your owners are, and as someone said I'm surprised it hasn't been challenged as a restraint of trade.
However it doesn't mean your broke which is what you are saying above. I owe my mortgage company thousands but I'm not broke.
There are many businesses out there that have made massive losses every year, but they aren't broke as they have investors.
I'm hoping for your benefit you aren't spending 120% of your annual income and your mortgage debt us reducing, not growing larger. Or you might find yourself broke.
I have rich parents who are bankrolling me