Quote Originally Posted by redgunamo View Post
I gather that even though your books may show you are functionally, factually even, bankrupt, so long as your owners are willing and able to demonstrate that you are not actually going to go bankrupt then you're OK.

At the end of the day, you don't really want to force rich people, and their inherent rich people financial shenanigans, out of the game.

Football, eh
I thought the whole point was that you had to stick to a maximum loss in terms of your actual accounts, excluding the deep pockets of your owners? Otherwise it is pointless.