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Bankruptcy (thread closed)

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142125.39 in reply to 142125.38
Date: 4/28/2010 1:32:31 PM
Overall Posts Rated:
1818
It's a thought but not very accurate.
Using ur example

500K fee +
16000 salary week 1 +
16320 salary week 2 +
16646 salary week 3 +
16979 salary week 4 +
17319 salary week 5 +
17665 salary week 6 +
18018 salary week 7 +
18378 salary week 8 +
18746 salary week 9 +
19120 salary week 10 =

675191$

On the other hand we have

5000 fee +
50000 salary week 1 +
51000 salary week 2 +
52020 salary week 3 +
53060 salary week 4 +
54121 salary week 5 +
55204 salary week 6 +
56308 salary week 7 +
57434 salary week 8 +
58582 salary week 9 +
59754 salary week 10 =

552483$

3 weeks later he will be making a small profit and has a trainer lvl 5 with 20290$ salary.
One season later he will be gaining a lot by investing in a low salary trainer and he will still have a decent trainer with a decent salary (maybe arround 35K).

Just my 2 cents.



This Post:
00
142125.40 in reply to 142125.39
Date: 4/28/2010 1:41:18 PM
Overall Posts Rated:
00
Very nice! Good numbers. Probably well worth it. However if you don't have the $500K to spend, you could buy an expensive trainer for a low bid, then fire him during all star week and train FT/Stamina with the level 1 trainer for $2K salary. Then the week after buy another expensive trainer with a salary again starting at $50K and keep him until the playoffs and then fire him and use a level 1 trainer for 2 weeks for $2K salary.
And, from my experience, someone could get a superior trainer for a very low bid with a salary of 40+. Or an exceptional trainer with a salary of 60+. Now whether it's worth it over just buying an advanced trainer for $50K with a salary of $15K, I'm not sure. Guess it depends on what type of trainees you have and how much money you want to save for your arena and new players.

This Post:
00
142125.42 in reply to 142125.41
Date: 4/28/2010 5:24:45 PM
Overall Posts Rated:
00
The way I see it is that we pay for staff in arrears. Aside from the bonus you pay to hire one, you don't actually pay their salary until the next economic update. So, you should view it as payment for services already rendered. Not as painful that way. And, you really should wait until Sunday to release your staff. Get the full benefit from them for the whole week. Just don't buy new staff until Monday or Tuesday.

This Post:
00
142125.44 in reply to 142125.43
Date: 4/28/2010 5:32:04 PM
Overall Posts Rated:
1818
Just put Parker in the TL for 0. You will have more than 1M in no time. Then and only then u can think of what to do next.

This Post:
00
142125.45 in reply to 142125.43
Date: 4/28/2010 5:34:08 PM
Overall Posts Rated:
11
The only way to not go bankrupt is to sell either Fritelli or Parker. You have to put them on the transfer list by tomorrow at the very latest. That way you get the revenue on Sunday. You should be able to get at least $600K for Fritelli probably more, and that would save you from bankruptcy. I'm assuming you have already fired or will fire all your expensive trainers by Sunday as well. Sell Fritelli, fix your trainers and you'll be back making lots of money each week with a positive balance. Or sell Parker for probably $2,000,000 and you'll be reset and have lots of extra money as well.

This Post:
00
142125.46 in reply to 142125.43
Date: 4/28/2010 5:42:20 PM
Overall Posts Rated:
8989
I think I won't have the time to get money in time to NOT go bankcrupt. If I go bankcrupt, I'll retire. Too bad for me I suppose, I really enjoy the game but anyways...

I, and other posters, have explained in detail exactly how to get out of this mess without stripping your entire team for parts.

I've tried to avoid judgment on this but, your posts (and the constant (sarcasm) that accompanies them) seem to indicate that you still don't believe this mess is your fault. No one but you got you into this trainwreck, no one will get you out of it but you. By the same token, the reason you got here is because you made poor decisions and didn't want to give anything up ("I want a level five trainer for some reason but I don't want to pay anything up front for it! GIMME GIMME GIMME!"), well now its time to right the ship by giving some things up.

The good news is that you have a decent supporting cast from the look of things and you can keep your u21 prospect and still be alright. Just sell Fritelli and can the trainer after the Friday update and you'll be totally fine.

This Post:
00
142125.48 in reply to 142125.46
Date: 4/28/2010 7:35:07 PM
Overall Posts Rated:
4444
If you posted here asking for help, then listen to chris902.
If you just posted to complain, then go ahead and retire. Lots of people here have offered advice, when none of us had to. I like to offer what limited help i can provide, when possible, because I really like this game and don't want to see people quit, but if you are just going to come back over and over with 'bawwww look at me (sarcasm)' then good riddance.




This Post:
00
142125.49 in reply to 142125.47
Date: 4/28/2010 7:51:55 PM
Overall Posts Rated:
237237
Agreed. A big part to these management games is money management. If you do not have the finances to backup your team then you will go bankrupt like what is happening to the OP

As I mentioned before, losing 40k a week will take you 12-13 weeks before you reach the -500k bankrupt threshold. It would have been a big red flag once you start making losses but to let it continue for 13 weeks is just plain mismanagement.

He has no one else to blame and to threaten to quit because of his own mistakes makes him look rather immature

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