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Bankruptcy (thread closed)

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This Post:
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142125.50 in reply to 142125.48
Date: 4/28/2010 8:17:17 PM
Overall Posts Rated:
6161
BrianMathews got it right (if that is a real name?)

There are several options here to help get out bankruptcy. All of them will help. Any combination of things will work. Lower cost (fire trainers) or raise revenue (sell players). Just start the process and enjoy the game.

This Post:
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142125.53 in reply to 142125.38
Date: 4/28/2010 9:57:23 PM
Overall Posts Rated:
99
Nope. You must consider raises.

After 35 weeks, my trainer will cost approximately $31,000 weekly. I generally consider selling at closer to $40K weekly. Then the calculation is simple: Because trainers' salaries increase by a set percentage, the higher the trainer's salary, the more rapid the increase. Thus, my trainer at $16K will always cost a minimum of $34K per week less than a guy who makes $50K weekly. In other words, even if the difference in the up-front price is $500K, the $50K trainer costs you that much in weekly salary after just 15 weeks. Meanwhile, I can keep my trainer for 45 weeks and he still won't cost me $40K per week.

So it's far more cost-efficient to buy a cheap trainer for more money and just hold on to them forever. That also avoids any uncertainties in the auction process, and best of all, doesn't carve out as much money from your weekly revenue, allowing you to support more talent. It's true that you have to occasionally set aside money for a new trainer, but it's not all that burdensome to come up with $500K.

This Post:
00
142125.54 in reply to 142125.38
Date: 4/28/2010 10:04:15 PM
Overall Posts Rated:
99
FYI, the formula to determine trainer salary increase is

F(v) = P(v) * (1 + i) ^n

where
F(v) = future value
P(v) = present value
i = rate of increase (for a superior trainer, 2% weekly or 0.02)
n = number of weeks

From: kLepTo
This Post:
00
142125.55 in reply to 142125.54
Date: 4/29/2010 12:18:09 AM
Overall Posts Rated:
102102
Is anybody else interested in helping this person? I see at least a couple of good suggestions here and what does he do? He does the absolute worst thing, he sells his staff knowing that there's a severance fee. I don't think he even enjoys this game. People who enjoy a game take time learning about how it works.

This Post:
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142125.56 in reply to 142125.55
Date: 4/29/2010 12:24:03 AM
Aussie Pride
II.3
Overall Posts Rated:
543543
Selling staff was a loss he had to take. Staff wages were too high to support in the future so it was the best thing to do.

This Post:
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142125.57 in reply to 142125.56
Date: 4/29/2010 12:26:31 AM
Overall Posts Rated:
102102
Not at that point. Staff don't get paid until Monday so what's the difference between now and Sunday night? Sell players first to see if he makes any money off of them. If he makes enough money to cover severance, then that's the time to get rid of them.

Plus there's training (Trainer) and a game (Doctor) coming up. Wouldn't you want to have your expensive staff for those before the economic update?

Last edited by kLepTo at 4/29/2010 12:27:50 AM

This Post:
00
142125.58 in reply to 142125.57
Date: 4/29/2010 12:30:21 AM
Aussie Pride
II.3
Overall Posts Rated:
543543
Has he fired his trainer though i only see mention of firing the Dr and PR guy.

This Post:
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142125.59 in reply to 142125.58
Date: 4/29/2010 12:35:15 AM
Overall Posts Rated:
102102
No, I have no idea which one he fired. It's irrelevant. PR and DR can help him in Thursday's and Saturday's game.

This Post:
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142125.60 in reply to 142125.53
Date: 4/29/2010 12:35:37 AM
Overall Posts Rated:
00
I see. Definitely with those long term plans I see the benefit.
Back to the main topic of this thread, I see that this team in trouble has opened another thread asking how much Fritelli would sell for and when the transaction is processed, even though it's been clearly expressed to him that he will sell for enough to get him out of bankruptcy and allow him to cut/change his staff. I feel like he's one of those people who like to talk but don't like to listen. Well, can't help those who won't help themselves!

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