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In the hole. help with finances

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From: GWgw

This Post:
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172242.4 in reply to 172242.3
Date: 1/24/2011 6:27:34 PM
Overall Posts Rated:
6060
Just like most people with financial problems in this game, your staff salaries are out of control. In DIV your total staff salary should be in the $30-40k range. You are curently paying your staff more than your players. Get rid of your superior level trainer and replace him with advanced level. Go with minimal doctor and PR until you get some money and then don't buy any higher than competent. Also why are you still investing $20k/week in scouting if you are in debt? Set scouting to $0 until you get some positive numbers in your bank account.

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)

This Post:
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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:
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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:
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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:
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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.