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Im managing newcastle united and is running at a 5m loss monthly, 1st season new game. Im worried at this rate the club will go bankrupt!! how does newcastle break even or make a profit??
11-25-2007, 05:58 AM
Do all premiership clubs lose money monthly? Post #2
5m does sound a lot, but nevertheless, I found the loss pretty common issue for any league. Unlike previous FMs, here we have a big emphasis on preseason tickets - almost whole ticket income is therefore already received prior to the season beginning. In other words, if u r not playing Europe or some attractive cup games, u r pretty much without further income. As Bodis also says, TV money, and sponsor money as well, come during the summer.
Do not panic, wait for the end of the season. It is quite normal to be 'red' in the first season.
11-25-2007, 06:19 AM
Do all premiership clubs lose money monthly? Post #4
im trying my best to get into euro cup, i dont think i can get into cl with the team i have although im not too far off, newcastle is a fresh new challenge for me very interesting, i always managed valencia or roma so far...
how much money do i get for different positions?
11-25-2007, 06:23 AM
Do all premiership clubs lose money monthly? Post #5
hey,
tv money is the money you get for final position on the table correct?
I was really really worried, why on earth the club was running at a loss i mean the wage budget is normal to other clubs with valencia same stadium size, and i thought EPL was more profitable than la liga... gunna google it up now lol
11-25-2007, 07:05 AM
Do all premiership clubs lose money monthly? Post #8
is the money you get for final position on the table correct?
nop, that's different as far as i recall. You get money
i) from the league, depending on your table position
ii) for TV rights (that should be even larger amount, Premiership recently signed a new severalyears-contract and it's outrageously large)
iii) sponsor
11-25-2007, 07:07 AM
Do all premiership clubs lose money monthly? Post #9
i see,
in regards to the table position and tv rights, has that been changed for the beta patch too? im not using the new patch i hate it lol, it just isnt for me..
cheers
11-25-2007, 08:24 AM
Do all premiership clubs lose money monthly? Post #10