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But those are effectively different trading companies. They all have their own budgets, profit and loss etc. The OP was suggesting Forest buy a club and one in this country was the implication. If that were the case ( and I don't think the League would allow it ) then Forest would own the club -...

That low league club would go bust very quickly unless the parent club gave it money and of course that money would have to be accounted for in FFP.