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In the hole. help with finances

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From: shoe lover

To: GWgw
This Post:
00
172242.5 in reply to 172242.4
Date: 1/24/2011 6:48:28 PM
Overall Posts Rated:
4242
Thaks. As soon as I get enough money, I will get a trainer that is not minimal.(level 4)

From: Arislanx

To: GWgw
This Post:
11
172242.6 in reply to 172242.4
Date: 1/24/2011 6:50:27 PM
Overall Posts Rated:
8989
Just to echo that advice:

- Get your staff down to 30K max. Grab a sub 9K Competent level Doctor and PR manager and a sub 13K Advanced Trainer. That will knock 55K off your current massive money flow and won't lose you much in the way of performance. I'd actually go so far as to flat out fire your doctor and PR Manager the day before the next economic update even if you haven't replaced them by then. You'll lose some effectiveness until you pick up new ones but that salary cost is demolishing your economy.

- Set your scouting to 10K a week at least for now. It's the most cost effective Scouting for points/money.

- Set your Luxury seats lower in price. You've sold 4 for the past eternity. Looking at the rest of your league 900-950 looks to be the sweet spot. You'll very likely make more money overall by selling more seats at a lower price. 4x1350 = 5400. Even selling 8 x 900 = 7200.

This Post:
00
172242.8 in reply to 172242.7
Date: 1/25/2011 9:17:26 AM
Overall Posts Rated:
587587
Yep. Incase you didnt know, 82k weekly staff salary is retardedly high for you.

To put this into perspective, the average of my Div I league is $ 86 841.

This Post:
00
172242.9 in reply to 172242.8
Date: 1/25/2011 4:24:45 PM
Overall Posts Rated:
4242
Thank you. Should I immedietly fire my doctor, and have the lowest level possible?

This Post:
00
172242.11 in reply to 172242.1
Date: 1/25/2011 5:01:40 PM
Overall Posts Rated:
4040
And btw, to answer your original question, this is from the game manual:
If you are in debt, you will be charged 5%/week interest until you are back even. If you drop below -$500k, you must get out of debt within two weeks or you will be fired as general manager because the team goes bankrupt.

I believe transfer listing your players only happens at the -$500k level. However, if your balance is still negative by the time the next economy update takes place, expect to pay some more interest. I won't echo what everyone else has said. I think you know how to get yourself above water for now.

Last edited by ShootingStars at 1/25/2011 5:02:02 PM

This Post:
00
172242.13 in reply to 172242.12
Date: 1/30/2011 2:31:17 PM
Overall Posts Rated:
4242
I am getting 30k per week since I fired my doctor. I will still be able to support my trainer. I will keep him till a good level 4 trainer or level 6 depending on deals comes up. I am training a player that I am hoping will make USA's NT team, so I will keep the trainer.