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Help with finances

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From: ibarix

This Post:
11
171994.3 in reply to 171994.1
Date: 1/23/2011 6:54:59 AM
Overall Posts Rated:
706706
Your team is pretty good right now but seems to me you don't have depth. You'll need a good bench to pass forza juventus and others. Your questrion was about finances though. First thing I'd do is to correct ticket prices. You got 116 000 last home game and that's too low especially if you're about to invest in 20-30k player. At the moment you're losing 10-20k weekly, right? Since I wouldn't sell your good players maybe it's not a bad idea to invest in a trainee. That million you have can be enough for 1 player and running costs but eventually you'll need to either sell one of your good players or trainees which you don't have. Selling good players to stay alive in the game is a bad choice.

If you plan on buying a player I'd suggest you sell your 31 year old playmaker for about a million. Then buy PG and SG with 20k salary. Younger guys up to 25 so they can contribute in future seasons.

PS you still need a good SF...

From: ExFactor

This Post:
00
171994.4 in reply to 171994.3
Date: 1/23/2011 11:59:33 AM
Overall Posts Rated:
2020
Thanks for the info guys. Here's my Finances:

Expenses Revenue
Player Salaries: $ 124 813 Attendance: $ 116 268
Staff Salaries: $ 52 165 Merchandise: $ 25 423
Scouting: $ 0 TV Contract: $ 64 785
Total: $ 176 978 Total: $ 206 476
Typical Weekly Net Income: $ 29 498
Last home game: 5829 Fans (50% full)

It seems like I have to keep lowering my ticket prices in order to keep my arena filling up. Is that normal?

Guards are obviously a top priority for me, but I'm trying to stay away from those with low OD. I'd like to keep my current PG and add a good SG and SF. Then hopefully have enough $ leftover for backups. How big of salary should I target for the starters though?

This Post:
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171994.5 in reply to 171994.2
Date: 1/23/2011 12:08:40 PM
Overall Posts Rated:
2020
Ok, I just bought a SG thats a good Jump shooter. Still got some money to invest.

This Post:
00
171994.6 in reply to 171994.4
Date: 1/23/2011 12:13:15 PM
Overall Posts Rated:
522522
I would recommend trying to lower your staff salaries a bit. They seem high for a div 4 team.

This Post:
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171994.7 in reply to 171994.6
Date: 1/23/2011 12:35:07 PM
Overall Posts Rated:
2020
Ok I got a cheaper trainer. I have an exceptional PR guy with National appeal at 24K. Is that too much?

This Post:
11
171994.8 in reply to 171994.7
Date: 1/23/2011 2:06:41 PM
Overall Posts Rated:
104104
That is way too much for a D 4 team its a waste of money.

This Post:
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171994.9 in reply to 171994.7
Date: 1/23/2011 7:09:29 PM
Overall Posts Rated:
194194
Ok I got a cheaper trainer. I have an exceptional PR guy with National appeal at 24K. Is that too much?

Level 3 (competent) PR manager is enough for your team. You should aim for PR manager whose salary is between $8000-9000. You should be able to get them quite cheap.

This Post:
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171994.10 in reply to 171994.9
Date: 1/24/2011 5:06:18 AM
Sturovo
Extraliga
Overall Posts Rated:
120120
I think that level 2 PR manager quite enough. The quality of PR managers arenĀ“t significant, but level 2 PR manager is cheaper than level 3 and his salary is lower than managers with higher level.