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Help on Economy!

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146784.1
Date: 6/14/2010 7:07:50 PM
Overall Posts Rated:
00
I just got a message about being bankrupt in 2 weeks but i don't see how to get out of the negatives! Do you have any suggestions? And also i am -$746,127

Last edited by bmoney45 at 6/14/2010 7:10:00 PM

This Post:
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146784.3 in reply to 146784.1
Date: 6/14/2010 7:13:49 PM
Overall Posts Rated:
522522
Can you copy and paste your weekly finances here so we can get a better idea.

From: rcvaz

This Post:
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146784.4 in reply to 146784.1
Date: 6/14/2010 7:51:23 PM
Overall Posts Rated:
172172
27 is way too large a roster. Get rid of (at least) everyone w/ salary below 3000. This already saves you some 30k a week. The market is not that good right now, but you need to sell place almost everyone on the transfer list. Your highest paid guys may generate nice deals, but like I said, it's not a good time to sell...

And now with the playoffs you have less attendance revenue, so that doesn't help either. Good luck with this

Last edited by rcvaz at 6/14/2010 7:53:21 PM

This Post:
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146784.5 in reply to 146784.1
Date: 6/14/2010 7:52:40 PM
Overall Posts Rated:
168168
ouch plus you don't get any income from games during post season right sorry to hijack with a question of my own... but what happens when you go bankrupt?

This Post:
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146784.6 in reply to 146784.2
Date: 6/14/2010 7:53:25 PM
Overall Posts Rated:
8989
Yeah, tons of bottom level players seem to take on huge salaries to get high level trainers for cheap.

Sell what is sellable, fire all your staff on Sunday night, fire any players who don't sell and hope for the best.

There's not need to have that many players on your roster.


To be honest, I don't know if you're going to be able to pull this one out. Keep in mind that i haven't seen your financial statements but I don't know how likely it is that you'll be able to make the $250k plus staff severance fees that you will need to get above negative $500k. Maybe your top five guys will generate it, but this is not a great time to sell.
This really might be a lost cause.

This Post:
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146784.7 in reply to 146784.5
Date: 6/14/2010 8:08:25 PM
Arizona Desert Storm
III.1
Overall Posts Rated:
11271127
I read that you get penalized 5% week for being in the negative, and if you go below Negative 500k you have to weeks to get back to get it under control or your team goes bankrupt and you lose your team. I can't remember though if he has two weeks to get back to the green, or two weeks to get back to less than 500K negative. I think he has to get back to the green if I remember correctly. He needs to start today listing EVERYONE for sale, at decent, but realistic prices so he can make a dent into that negativity.

This Post:
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146784.8 in reply to 146784.7
Date: 6/14/2010 8:14:26 PM
Overall Posts Rated:
4444
it doesnt look like any of his 27 players will sell for very much at all.

could be better just to start over anyway.

This Post:
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146784.9 in reply to 146784.8
Date: 6/14/2010 8:16:05 PM
Overall Posts Rated:
8989
In this case I think you're probably right.

It would be nice to see his financial breakdown though.

From: rcvaz

This Post:
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146784.10 in reply to 146784.7
Date: 6/14/2010 8:16:23 PM
Overall Posts Rated:
172172
You're right, he has to get back to a positive balance in two weeks. He has to get everybody listed before thursday, so he can fire them on sunday (if they're not sold) and avoid paying another weeks' salary. He needs to get some 300k for each of his top two guys to have a shot...

Last edited by rcvaz at 6/14/2010 8:22:11 PM

This Post:
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146784.11 in reply to 146784.9
Date: 6/14/2010 8:20:41 PM
Overall Posts Rated:
4444
I agree. I am interested in seeing it. Looking at his transfer history is one clue. -558,900 with nothing to really show for it.