sportsman Posted July 15, 2009 Share Posted July 15, 2009 I'm currently 63 million pound in the loss with chelsea and I am wondering approximately how long until the administrators get called in? Link to post Share on other sites More sharing options...
DJJOEYT Posted July 15, 2009 Share Posted July 15, 2009 its when you cant pay your wages . whats your wage budget ? Link to post Share on other sites More sharing options...
sportsman Posted July 15, 2009 Author Share Posted July 15, 2009 my wage budget is around 1.4 million, I am currently 75k behind it and with chelsea in the red how much total money have they got since I am in the red now Link to post Share on other sites More sharing options...
gazwefc Posted July 15, 2009 Share Posted July 15, 2009 its when you cant pay your wages .whats your wage budget ? if your already in the red then where is the line drawn when can you not pay wages? Link to post Share on other sites More sharing options...
trekman Posted July 15, 2009 Share Posted July 15, 2009 I'm currently 63 million pound in the loss with chelsea and I am wondering approximately how long until the administrators get called in? What year are you in? I personally dont think that your anywhere near going into administration especially playing in England. With all the tv money you get (30 million + I believe),prize money and champions league money I think you'll make up 63 million pretty quickly. You could always try selling a few players that you dont really need which will bring the 63 million down and also help reduce your wage bill. Link to post Share on other sites More sharing options...
kopitelewis Posted July 15, 2009 Share Posted July 15, 2009 I'm amazed you got Chelsea into debt. Link to post Share on other sites More sharing options...
Maccers Posted July 15, 2009 Share Posted July 15, 2009 Yes, do what trekman said and offload a couple of Fringe players and also release any Reserves or U18's who won't make it as they are takeing up wages. Link to post Share on other sites More sharing options...
santy001 Posted July 15, 2009 Share Posted July 15, 2009 If you can take the hit it won't be that much of a problem I think, on FM08 had a play around with Arsenals finances and put them in 500m debt, they went into admin, few weeks later operating at a profit again. Did this repeatedly and each time they got back into profit within weeks despite administrators being called in. Link to post Share on other sites More sharing options...
sportsman Posted July 16, 2009 Author Share Posted July 16, 2009 I'm below the wage budget it was all the clauses I put on my players when I try and buy them it just that it seems when a club goes in debt no high class players wanna join, i haven't really got any fringe players in the first team. and I am in 2009/2010 Link to post Share on other sites More sharing options...
TomHAVFC Posted July 17, 2009 Share Posted July 17, 2009 I'm amazed you got Chelsea into debt. whs. You managed to get Chelsea into debt in the 2009/10 season, that's an incredible achievment. Link to post Share on other sites More sharing options...
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