Debt

How far in the red do you have to be before the club goes into administration? does the figure depend on the clubs size?

No idea, but since my league 1 team took a big loan for a new stadium im sure im going to find out pretty soon

I am your man!! It has just happened to me twice. The first time was when I hit 200 million GBP in the red, the second as I hit 175 million. I have seriously cut back and am recruiting youth from here on in with one big-ish money signing each summer. I had 9 points deducted each time but i won the title in the EPL by 16 points each time. The second time (in my season just finished) the deduction meant I finished 5th and missed out on the champions League as I move in to my new stadium for the first time!

I am your man!! It has just happened to me twice. The first time was when I hit 200 million GBP in the red, the second as I hit 175 million. I have seriously cut back and am recruiting youth from here on in with one big-ish money signing each summer. I had 9 points deducted each time but i won the title in the EPL by 16 points each time. The second time (in my season just finished) the deduction meant I finished 5th and missed out on the champions League as I move in to my new stadium for the first time!

Do you think that administration isn't harsh enough? £175m in the red should really trigger a fire sale...

You are probably right. I used the 48 month instalment thing far too much and I am now suffering. That said I have sold a lot of expensive talent (many to clubs who are paying me over 48 months) and the balance is being redressed somewhat. I look forward to a bright debt free future in a new ground twice the size of my last one. I am investing in younger players and not buying anyone I cannot afford to pay for in one instalment and on reasonable wages - I will not pay more than 99k per week. I also made an error in my last post. I won the league by 16 points the first time. The second time is when I finished 5th in the season just gone.