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Bankruptcy (thread closed)

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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:
540540
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:
540540
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!

This Post:
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142125.61 in reply to 142125.56
Date: 4/29/2010 1:25:39 AM
Overall Posts Rated:
237237
It would have been the right thing to do but not when he is in bankrupt status. Sacking your staff now pretty much adds another 200k in severance costs which puts him further in the red.

Selling players would be the fastest way to get him out of bankruptcy and once he is on -200k or so he can then safely sack his staff.

To the OP:
Then why threaten to quit?? It seems like a very childish response if your answer to problems is to just quit. You don't put up a good impression nor will you get much sympathy for threatening to to quit and give up rather than to stick your way through it. Especially when you got yourself in that mess.


From: CrazyEye

This Post:
00
142125.62 in reply to 142125.57
Date: 4/29/2010 2:51:56 AM
Overall Posts Rated:
959959
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?


mmh it will help on the way back, so it was the best :) And if he pays the salary monday or Saturday makes no big difference because he had to sell anyway ;) But if he don't fire him till monday, he overpays them longer and will be in short time as the same point them today.(and have 3k less then without firing them on monday)

This Post:
00
142125.63 in reply to 142125.61
Date: 4/29/2010 3:11:38 AM
Aussie Pride
II.3
Overall Posts Rated:
540540
It won't make any difference though, the end financial result would be the same. He either pays the severance now or the wages at the update. Either way he will have to pay the same amount this week. I'm assuming that bankruptcy is determined at the financial update and not in between?

Last edited by aussie dude at 4/29/2010 3:13:45 AM

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