matthew_234 Posted November 21, 2009 Share Posted November 21, 2009 I have been at Newcastle for 5 years and have got them to the premiership During the end of each season I am always around 10m in debt , but then I receive all my TV money and it goes to +5m But then they give me a budjet of 15m so I spend it and it goes back into debt Do you know If I will go into administration ? Link to post Share on other sites More sharing options...
TheRiddler Posted November 21, 2009 Share Posted November 21, 2009 Doubt it - lots of clubs operate in debt - the problem comes when you can't afford the repayments. What do the board say about your finances? Link to post Share on other sites More sharing options...
lfc 4 ever Posted November 21, 2009 Share Posted November 21, 2009 try and do a season mate not spending any money an just make sure you stay under your wage budget Link to post Share on other sites More sharing options...
DeadZone Posted November 21, 2009 Share Posted November 21, 2009 Because you have 15m to spend doesnt mean you "have" to spend 15m Only buy where you need, and get rid of a few "dead-weights" (even if it means letting their contracts run out) Try a season where you're dont try to improve, should give your finances a break, which may mean you actually are given more to spend in following seasons (but again you dont need to spend everything you're given) Link to post Share on other sites More sharing options...
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