kkas Posted June 7, 2009 Share Posted June 7, 2009 My current % transfer revenue made available is 5%. I thought this was how much transfer budget they had originally give me however when I ask the board for an increase they say they cannot afford to. Does this mean something else? Also in finances for overall wellbeing am I looking for the balance? Link to post Share on other sites More sharing options...
AcidBurn Posted June 7, 2009 Share Posted June 7, 2009 It is the amount you get to keep of money you make from selling players. Sell someone for £10 million and you get to keep 500k in your transfer budget. Link to post Share on other sites More sharing options...
kkas Posted June 8, 2009 Author Share Posted June 8, 2009 Thanks does anyone have an answer for the 2nd question? Link to post Share on other sites More sharing options...
afced7 Posted June 8, 2009 Share Posted June 8, 2009 Don't really understand it, but yes your balance is the thing that shows your overall amount of money-keep it positive. If your %transfer budget is 5% I'd suggest things don't look good Link to post Share on other sites More sharing options...
backpackant Posted June 8, 2009 Share Posted June 8, 2009 I usually look at "this season" to date for the health of my finances. If I've made a loss overall I'll look to see where I can make some cuts, whether I can afford to let anyone go etc. The % of transfer income is also usually a good indicator of how your finance are overall. If it's really low, your club is in trouble. Sell some dead wood or even put them up for sale for £0 just to get them off the wage bill. Link to post Share on other sites More sharing options...
kkas Posted June 8, 2009 Author Share Posted June 8, 2009 Well my profit/loss for this season is 302,000. I'm in league 2 by the way Link to post Share on other sites More sharing options...
Campbells Posted June 8, 2009 Share Posted June 8, 2009 is the profit/loss in red or black?? black is good Link to post Share on other sites More sharing options...
golfpunk Posted June 8, 2009 Share Posted June 8, 2009 Well my profit/loss for this season is 302,000. I'm in league 2 by the way That seems quite abit for a League Two club. I'd look at cutting your losses sooner rather than later Edit:- Wait, I just re-read your post. Is that a loss or a profit of £302,000? Link to post Share on other sites More sharing options...
kkas Posted June 8, 2009 Author Share Posted June 8, 2009 well its black so I assume its positive. Finances are confusing Link to post Share on other sites More sharing options...
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