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Bankruptcy threat

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From: ig
This Post:
00
198793.1
Date: 10/17/2011 4:49:25 PM
Jerusalem TET
Ligat Ha'al
Overall Posts Rated:
207207
Second Team:
Jerusalem TET Utopia
Hi all,
Last Monday I had a warning mail that my balance is below -500K and I have 2 weeks to return it below -500K, otherwise my team will be closed due to bankruptcy. Regardless this scary thing and the fact that 2 weeks period ends next Monday I have several questions.

1) Is the bankruptcy automatic or it`s up to someone`s decision?

2) If it's automatic, does it count if during the period I return to the allowed balance, but after the financial update I will still have a balance below? In other words, will my team be closed if after the next financial update I will have a balance below -500K, no matter that during this period I managed to get to balance of -250K?

3) If it`s up to somebody, whom should i write?

I just have to know whether I can afford myself to keep my squad which is essential for the playoffs or I will have to sell one of my stars for a low price in order to keep my team alive.

Thanks a lot.

From: A1R

To: ig
This Post:
00
198793.2 in reply to 198793.1
Date: 10/17/2011 5:29:21 PM
Overall Posts Rated:
2626
It's automatic as for the second question I believe your team has to below the balance during the financial update

From: phelps41

To: ig
This Post:
00
198793.3 in reply to 198793.1
Date: 10/17/2011 10:09:29 PM
Overall Posts Rated:
3737
it only matters where you end up after the financial update each week. If you finish above 500k, for 2 more weeks you will be declared bankrupt. You have no other choice but to sell a player and make sure to get under the 500k after the financial update.

This Post:
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198793.4 in reply to 198793.3
Date: 10/18/2011 9:02:27 AM
Overall Posts Rated:
246246
You have no other choice but to sell a player and make sure to get under the 500k after the financial update


That or loose your team and start all overagain with a new team. I herad that some managers do it, but I wouldn't

This Post:
00
198793.5 in reply to 198793.4
Date: 10/18/2011 3:44:28 PM
Overall Posts Rated:
3737
you not only lose your team, but your stadium, coaches everything. You would be starting completely over. I would not recommend that. Buzzerbeater is a fairly forgiving game, get under the 500k and try and do the best you can.

From: ig
This Post:
00
198793.6 in reply to 198793.5
Date: 10/18/2011 5:24:27 PM
Jerusalem TET
Ligat Ha'al
Overall Posts Rated:
207207
Second Team:
Jerusalem TET Utopia
Thanks for the answers. The last thing I want to do is to close my current team, so I`d rather sell one of my players, probably for a low price.