Instructions
Right-click the ̶0;Football Manager 2011̶1; shortcut on your desktop. If you have deleted the desktop shortcut and purchased ̶0;Football Manager 2011̶1; as a physical copy, you can find a second shortcut in ̶0;C:/Program Files/Sports Interactive/Football Manager 2011.̶1; If you downloaded the game via Steam, a second shortcut is in ̶0;C:/Program Files/Steam/Steam Apps/Common/Football Manager 2011.̶1;
Select ̶0;Properties̶1; from the pop-up menu after right-clicking.
Type the phrase ̶0;--reset_preferences̶1; after the phrase currently in the ̶0;Target̶1; box. Click ̶0;OK.̶1; The next time you run ̶0;Football Manager 2011̶1; the parsing errors will disappear.