retired_annh

I'm sorry if this has been asked before, which i expect it has, but I have started a game with Bournemouth and I was wondering what you all see as the most successful methods are for getting rid of any debt ...

retired_lbils

Winning games to increase attendance and very tight control over wage budget (important). Also, make sure you don't offer any signing on fees for contract renewals or new signings. Keep things very tight.

retired_annh

thanks pelican...does anyone know any other methods do setting up friendlies with big clubs help?

retired_lbils

yep, but they won't accept too often. Also, there probably won't be time during the season. If you have a good cup run, that will help when you begin playing bigger teams.

Control of wages is the single most important thing, though. Try to get players to take a bit of a pay cut, and don't keep players you don't need - if no-one comes in for them then consider releasing them if they only have a year or two left on their contract. The short-term financial hit will be compensated for by the improved cashflow.

Remember, cashflow is king - you need to be making a profit every month. Certainly enough to cover the two months of close season where you have expenditure but little income.

retired_annh

and again..thanks pelican, you have really helped