zulu83 Posted March 21, 2012 Share Posted March 21, 2012 I am playing a career game that has taken me from the depths of the conference to the heights of the premier league. I have always taken advantage paying transfer fees over 48 months in order to maximise my transfer budget and with my previous 4 clubs have never suffered any major financial problems. So my problem is 3 seasons ago i took over at Liverpool who at the time were a mid table team with the target of prem/CL glory. After finishing 4th and 2nd I am now 1st in December. However, after following my previous transfer tactic of spreading transfer costs over 4 years I am now £104 MILLION (!!!!) in debt and leaking about 10 mil/month. I seem to be showing no sign of going into administration and my chairman is not going over my head to accept the numerous transfer offers for my stars. There is no reports of 'financial turmoil at Liverpool' in my news items and no restructuring of clubs finances. I am even under my wage budget and have transfer funds available. How can i be so far in debt yet still seemingly stable? Is there a certain debt threshold i must cross? With any of my former teams I would be in administration and probably sacked by now. Is it that Liverpool are such a big club that they can carry these debts without any problems? Anyone else been in a similar scenario? Or anyone with any idea of a likely outcome? Link to post Share on other sites More sharing options...
zulu83 Posted March 21, 2012 Author Share Posted March 21, 2012 I am also aware I am a moron! Link to post Share on other sites More sharing options...
scott MUFC Posted March 22, 2012 Share Posted March 22, 2012 yea that happens, with blackpool i only make a profit now through the season because of prize money, hell wages are in my allowed limit, lack of sponsorship deals are a killer, especially when you consider i just got 115 million profit as man utd at seasons end, blackpool i was getting 30-50million Link to post Share on other sites More sharing options...
zulu83 Posted March 22, 2012 Author Share Posted March 22, 2012 so u reckon ill make the summer ok? at current loss rate i should be on about minus £150 mil come the summer? i should get about £90 mil in prize money by then but will the bubble burst before then? Link to post Share on other sites More sharing options...
scott MUFC Posted March 22, 2012 Share Posted March 22, 2012 no idea, depends on what is happening, prize money might not cover that massive hole. Link to post Share on other sites More sharing options...
marty78 Posted March 22, 2012 Share Posted March 22, 2012 If you have a transfer window then try to sell a couple before the end of the season but only if you think you can replace easily in the summer. Also maybe loan out one or two on 100% wages. I would personally try to address that debt immediately rather than wait and see what happens. The problem here is the chairman has allowed this in the first place. Link to post Share on other sites More sharing options...
zulu83 Posted March 22, 2012 Author Share Posted March 22, 2012 cheers guys, my problem is solved - abel hernandez to barca for 85 mil, replaced by fm legend yaya sanogo for 12 mil!!!! Link to post Share on other sites More sharing options...
bigdanio Posted March 22, 2012 Share Posted March 22, 2012 you didn't have to manage Barca and buy a player off yourself ;-) 85 mil - not a bad price eh? really plugs that £100m debt. Link to post Share on other sites More sharing options...
snootyjim Posted March 22, 2012 Share Posted March 22, 2012 It's pretty much impossible to destroy a club through debt, I tried it a couple of times for interest's sake. However stupid the amount becomes, the board will always eventually "restructure the debt" or make investments into the club. Either way, massive amounts of debt just disappear. The worst that can possibly happen is administration (no idea exactly what triggers it though, obviously you haven't), whereby you lose points, and very, very occasionally a big name player might suddenly undergo forced mutual termination and become a free agent without your involvement. Link to post Share on other sites More sharing options...
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