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financial question..

fincacial losses
Started on 6 May 2013 by Vicana
Latest Reply on 6 May 2013 by Justice
  • POSTS8
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Every month my club does a financial loss, almost 60 million every time, in the beginning of the season I am rich, in the end insecure. but since i win CL/pl every year it's no problem..
What can i do to make my club be rich al the way? Sell players and save the playerwages?
Really, more information is needed to be able to tell.

How much do you spend on players each year?
How much do you make from selling players each year?
What are the wages like?

Also, which sounds most likely - have you signed any players where you pay over, say, 24 months. If you pay monthly for a player, that can damage your finances a lot, especially if you used it to sign a lot of players.

What team are you too?
Im playing Everton and yes, in the beginning i did pay for over years but now i got the cash to spend, around 40m € in the summer, most of the time i jsut sign freetransfers and if they dont perform i sell them. one example Ganso, free transfer then sold him for 22,5m€

this season (18/19) i bought players for 31 M €and sold for 62 M €
season (17/18) I bought players for 49 m € and solf for 73 m €
season (16/17) I bought players for 104 m € and solf for 121 m €
season (15/16) I bought players for 62 m € and solf for 88 m €
season (14/15) I bought players for 95 m € and solf for 68 m €
season (13/14) I bought players for 45 m € and solf for 13,25 m €
season (12/13) I bought players for 24 m € and solf for 17 m €

spending 2 436 148 € week at wages.

monthly instalments: out
63.41k p/m -> 7m
17.61k p/m -> 17m
29.52k p/m -> 23m
375k p/m -> 18m

monthly instalments: In

328k p/m -> 30m
286k p/m -> 24m
246k p/m -> 24m
79,37k p/m -> 6m
328k p/m -> 41m
528k p/m -> 1m
328k p/m -> 11m
411k p/m -> 30m
70.98k p/m -> 11m
12.24k p/m -> 6m

Think that's it..


http://i44.tinypic.com/8vur2w.gif
do you have any loans to pay?
no loans at all =) just my own players that are at feederclubs
He means loans of money, like bank loans.
Well for me, I would always try to keep the wages below £1.5M per week. That does contribute a lot to your financial situation. This can be done by selling your older, less valuable players to get rid of bug wages and it also gets you money from sales. What you can do to replace these players is finding 16-17 year old players who have amazing potential and signing them up quickly. They will be lower in price and in wage demands. Try to offer them as long a contract as possible so that you won't have to give them a bigger contract so early.

As you probably have the best squad in the world right now, you shouldn't have to spend all of your budget, or even at all. This is when you start investing in youth, especially through your academy, and either fitting them in to your first team or selling them for big cash. Upgrading your youth facilities and intake will help with this.

I suppose the most obvious thing to do would be to upgrade your stadium. This will bring more people in, which will bring more money in. This does not only contribute to gate receipts but to matchday income and shirt sales too. A bigger stadium will also increase your reputation, meaning more fans who will spend their money for Everton gear.

I hope that this has helped :)
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