retired_mssa007

Some teams are just born to be in debt.

cobra03terminat

Well, unless I go into administration then my job is safe. I have got a lot of staff though. And no regens in my Under 21 squad. I'll get out of it. Though I have never been in debt before and I'm NOT going to add another user and take over Real Madrid and sign my crappest players for millions!

retired_hilly88

But you have thought about it

retired_tpsmile

Gradual improvement as a team, and better cup runs, league finishes etc... will eventually get you out of debt.

I was in debt for four seasons, floating around the same cash level, but a cup run, and a higher than normal league finish got me sorted.

retired_steph0688

Just 700k? Pfffft, I was 3.5 mil in debt when I took over Pizzighettone

With smaller debt ridden teams what I generally do is this.

1) Release all the players I can on a free with 0 compensation.

2) Those that cost too much I don't release straight away. I'll try and renegotiate their contracts. Reduce the wage and length. So they'll be less of a drain, for a shorter period of time. And if needed they can be released for less compensation before.
If possible I try to give them a tiny weekly wage but a bigger appearance fee to make up for it, secure in the knowledge that while I'm manager they'll never play a single game!

3) Offer them out for 0 and then if that doesn't work offer them out for loan with some of their wages being paid. If a few of them go on loan not only are you paying slightly less in wages but they're in the shop window and might be easier to get rid of later.

4) With the deadwood thats left I'll set their value to 0, tell them they're not needed and list them for transfer and loan. Then I'll offer them all mutal termination and see if I get any offers that are significantly cheaper than the original compensation.



Generally that will shift some players and ease the wage budget slightly. Only slightly though. The rest of the time I just let the match performances speak for the team. If you're over performing then your job is likely safe. And I usually find you need to get yourself into a bit of debt to move a team up and out of a league. It's odd but one finicially crippling season where you've brought in some good players can save a team. It's a throw of the dice though. If you don't perform and get out then you've shot yourself in the foot.

Good luck

cobra03terminat

Well, you have to spend money to make money. I was given a two year contract to keep the club in the division. Media prediction was 16th out of 18. But I'm 9th in the league with 13 games to go!

Is there a chance someone will buy the club?

deantibbetts

I don't see anyone buying the club unless it's forced through because of administration, I doubt that will happen because of £700k.

retired_steph0688

It's possible but I won't hold out for it. A club in poor money situation might get bought out but if you're performing well and the chairman is happy it's very unlikely.

If you keep and eye on chairman status in the confidence/board room sections you can see whether anything is likely to happen.

retired_marcias

When you are a club at that level and with those kind of finances 85k is way way too much to be paying just to release someone on a free transfer. There's no point lowering your wage bill if you are only doing it by plunging yourself into debt. Players like that you just have to keep hold of and doing everything you can to sell for £0 or agree mutual termination for a much lower fee.

retired_lbils

I would rather take the short-term hit than have a long-term bloated wage budget.

1. Release Players
2. Get results and your attendances will go up
3. ????
4. PROFIT!!!!