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Bankruptcy (thread closed)

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This Post:
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142125.12 in reply to 142125.1
Date: 4/27/2010 12:36:31 AM
Overall Posts Rated:
102102
No you didn't waste all this time for nothing. You've just been taught a very valuable lesson in economics and finance which you might find useful later on both in BB and in real life.

This Post:
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142125.13 in reply to 142125.11
Date: 4/27/2010 12:40:46 AM
Overall Posts Rated:
4444
good point. my mind was automatically thinking "get out of the red immediately" rather than just get out of the -500k zone first.

This Post:
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142125.15 in reply to 142125.14
Date: 4/27/2010 1:47:36 AM
Overall Posts Rated:
8989
Wow. Okay.


a) -$709k means you're going to need to sell one of your big men
b) I don't think a DivIII team needs exceptional PR and Doctor. It's just overkill for your level.
c) You're grossly overpaying for all three staff members. (for example, my superior trainer is $26k per week)


I think my previous advice holds: sell the Italian big guy, fire all your staff (you can probably wait until after Saturday's game to do that) and replace them with low level guys (I'd go LVL 3 PR, LVL 4 trainer and risk going with a LVL 1 doctor until you get the economy stabilized and then get LVL 4 PR and Doctor) and buy a cheap 18 y/o big to train and flip before the season is out.
Remember, you only pay on Monday, so you should aim to time it so bidding ends on your big guy on Sunday and release and replace your staff the same day. That way you get the full benefit of having those guys around this week without having to pay them on Monday.

This Post:
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142125.16 in reply to 142125.14
Date: 4/27/2010 2:25:10 AM
Overall Posts Rated:
102102
Well I guess some people need more explanation than others.

Did you get to -700k overnight? No. You have -40k weekly, meaning you should have foreseen this. If you want to disown all responsibility for this mess and blame it all on BB then you're beyond help.

This Post:
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142125.17 in reply to 142125.16
Date: 4/27/2010 3:00:32 AM
Overall Posts Rated:
522522
Just wondering but how did he only just get the -500k warning...if he is losing 40k each week, then at worst case scenario he was on -499k before the financial update and would then be on -539k. At which point he would get the warning right? How has he got to -700k without already going bankrupt?

Or I'm missing something very obvious lol.

This Post:
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142125.18 in reply to 142125.17
Date: 4/27/2010 3:08:17 AM
Aussie Pride
II.3
Overall Posts Rated:
543543
He played 3 away games in a row. Net weekly income doesn't account for that so he would of lost a lot more then 40k that week.

This Post:
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142125.19 in reply to 142125.18
Date: 4/27/2010 3:48:08 AM
Overall Posts Rated:
522522
ah right :P My bad :P haha but still funny to see how someone can get that far in debt.

Fire all staff. Sell all players. And pretend like you have started the game again but at a higher level and with much more initial income and with all the knowledge you have from what you have learnt so far.

This Post:
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142125.20 in reply to 142125.19
Date: 4/27/2010 3:53:16 AM
Overall Posts Rated:
8989
Sell all players. And pretend like you have started the game again but at a higher level and with much more initial income and with all the knowledge you have from what you have learnt so far.

That is terrible advice. He has the assets to get out of debt without selling everyone. There is no need to completely panic and burn the whole thing down.

This Post:
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142125.21 in reply to 142125.19
Date: 4/27/2010 4:11:50 AM
Overall Posts Rated:
959959
ah right :P My bad :P haha but still funny to see how someone can get that far in debt.

Fire all staff. Sell all players. And pretend like you have started the game again but at a higher level and with much more initial income and with all the knowledge you have from what you have learnt so far.


thats easy i was there too times during or after the offseason ;)

This Post:
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142125.22 in reply to 142125.20
Date: 4/27/2010 5:40:16 AM
Overall Posts Rated:
522522
I don't think it is bad advice. I realise he doesn't have to do it to get out of debt. But it will give him a lot of money which he could use to restructure his team, expand his arena and effectively start again. It is a valid tactic that can be quite advantantageous and effective when used correctly.

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