ElJaffacakeo Posted January 5, 2011 Share Posted January 5, 2011 Question, If I buy a player and pay the sum up, i.e 1m down, 6 over 48 months, why does the full sum come out of my transfer budget straight away? Surely, the whole point is to pay it off, and if it does off straight away, the option to pay it off is pointless? Link to post Share on other sites More sharing options...
Maidel Posted January 5, 2011 Share Posted January 5, 2011 The full sum shouldnt - the ammount that you have to pay in that season should come out immediately (EG if it was 10 million over 24 months then 5million should come out immediately and 5million will be deducted from next years transfer budget) Link to post Share on other sites More sharing options...
Smurf Posted January 5, 2011 Share Posted January 5, 2011 Don't pay anything up front. Just offer 7m over 48months. Link to post Share on other sites More sharing options...
Maidel Posted January 5, 2011 Share Posted January 5, 2011 Don't pay anything up front. Just offer 7m over 48months. But that is a false economy because you can end up having ZERO transfer budget the next year because you already spent it the previous one. Link to post Share on other sites More sharing options...
underwater sunlight Posted January 5, 2011 Share Posted January 5, 2011 you need to have the full amount available in your budget iirc, but the money comes out monthly Link to post Share on other sites More sharing options...
Maidel Posted January 5, 2011 Share Posted January 5, 2011 you need to have the full amount available in your budget iirc, but the money comes out monthly Not if its bought over 2 years - I just bought a player for 27million over 2 years with only 17million in my budget. Link to post Share on other sites More sharing options...
EnriqueZove Posted January 5, 2011 Share Posted January 5, 2011 I think, its the reserve that is taken out... so that the payment is made sure even if you go bankrupt... Link to post Share on other sites More sharing options...
Maidel Posted January 5, 2011 Share Posted January 5, 2011 I think, its the reserve that is taken out... so that the payment is made sure even if you go bankrupt... Tell that to Portsmouth. They went bankrupt owing huge sums to other clubs. Link to post Share on other sites More sharing options...
Mezz Boms Posted January 6, 2011 Share Posted January 6, 2011 they havent actually gone bankrupt though have they? or they would no longer exist, they just went into administration which is the stage before going bankrupt Link to post Share on other sites More sharing options...
Maidel Posted January 6, 2011 Share Posted January 6, 2011 they havent actually gone bankrupt though have they? or they would no longer exist, they just went into administration which is the stage before going bankrupt Yes - TECHNICALLY they werent bankrupt - but its a massive grey area. If it wasnt a football club, they would have been bankrupt. Therefore I will retract my previous statement and replace it with: Tell that to Portsmouth. They went to the brink of bankrupt owing huge sums to other clubs, which had it not have been for the rule in football that you pay back football creditors first before other creditors can take anything, then would have not been able to fulfill their tranfer fees. Link to post Share on other sites More sharing options...
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