matthewgoodfield Posted December 23, 2008 Share Posted December 23, 2008 Hi I am Aston Villa and in my second season I have got a balance of 5m but my transfer budjet just given to me was 36m . So What will happen if I spend all of the 36m will I go into administration Thanks Link to post Share on other sites More sharing options...
Cardiovascular Posted December 23, 2008 Share Posted December 23, 2008 Have you got millionaire owners? or still good ol' Randy? Link to post Share on other sites More sharing options...
matthewgoodfield Posted December 23, 2008 Author Share Posted December 23, 2008 I have still got Randy ???????? Link to post Share on other sites More sharing options...
Cardiovascular Posted December 23, 2008 Share Posted December 23, 2008 I'd be careful, he could pump money as you spend or he could just let the club rot. Link to post Share on other sites More sharing options...
Cardiovascular Posted December 23, 2008 Share Posted December 23, 2008 He could pump money as you spend or leave the club to rot - be careful Are you sure it's 5m? Double-post Link to post Share on other sites More sharing options...
matthewgoodfield Posted December 23, 2008 Author Share Posted December 23, 2008 So what is the point in giving me 36m Before I went into debt with Villa he just took out a Bank Loan of 25m over 15 years for 200k a month Link to post Share on other sites More sharing options...
matthewgoodfield Posted December 23, 2008 Author Share Posted December 23, 2008 Yes the balance is 5.6m and the transfer budjet is 36m When I went into debt before he took out a Bank loan of 25m . Link to post Share on other sites More sharing options...
Cardiovascular Posted December 23, 2008 Share Posted December 23, 2008 Just tread carefully - spend 6m and see if he pumps money into or what happens etc. Link to post Share on other sites More sharing options...
matthewgoodfield Posted December 23, 2008 Author Share Posted December 23, 2008 Thanks I will give it a ago Link to post Share on other sites More sharing options...
4457 Posted December 23, 2008 Share Posted December 23, 2008 Be careful! Don't forget you still have to pay wages. Link to post Share on other sites More sharing options...
matthewgoodfield Posted December 23, 2008 Author Share Posted December 23, 2008 I will just have to hope he puts more money into the club I have just saved and bidded 6.5m for a players , I want to see what happens when I go in DEBT Thanks Link to post Share on other sites More sharing options...
i_lendl Posted December 23, 2008 Share Posted December 23, 2008 Were you profitable in your first season? Link to post Share on other sites More sharing options...
matthewgoodfield Posted December 23, 2008 Author Share Posted December 23, 2008 Yes Quite I have just done a test and spent 30m on a players and now in debt I will wait to see if he pumps any money in the club Link to post Share on other sites More sharing options...
CaptainPlanet Posted December 23, 2008 Share Posted December 23, 2008 Yeah he will, this happens with a lot of the big clubs they'll let you go into the red before they then bring the balance back with a cash injection. Link to post Share on other sites More sharing options...
bigdunk Posted December 23, 2008 Share Posted December 23, 2008 Obviously it's too late now, but it would have been a good idea to try and sign these players on installment deals (over 18-24 months), rather than upfront fees, so that the income from gate receipts and TV money etc that comes in throughout the season offsets the repayments. It would have stopped you being massively in debt like you are now. Link to post Share on other sites More sharing options...
matthewgoodfield Posted December 23, 2008 Author Share Posted December 23, 2008 Obviously it's too late now, but it would have been a good idea to try and sign these players on installment deals (over 18-24 months), rather than upfront fees, so that the income from gate receipts and TV money etc that comes in throughout the season offsets the repayments. It would have stopped you being massively in debt like you are now. Right at the moment after buying that player I am -28m in debt - Do u think we will bring a cash injection ?? Thanks Link to post Share on other sites More sharing options...
Evilmaniacuk Posted December 23, 2008 Share Posted December 23, 2008 You'll get docked points if you go into administration. Best thing ever, FM08. Newcastle had basically won the league, went into administration, docked 10 points and ended up finishing 5th. Link to post Share on other sites More sharing options...
Micado Posted December 23, 2008 Share Posted December 23, 2008 Be careful! Don't forget you still have to pay wages. Don't forget this. Wages are normally the biggest part of outgoing money. I guess you will goo in to administration if you spend all the money and they will deduct points. Link to post Share on other sites More sharing options...
craigy18181 Posted December 23, 2008 Share Posted December 23, 2008 man city do that, I tried my hardest to bank rupt them but it never worked. I would imagine if you have been given the cash to spend then the same thing will happen. Link to post Share on other sites More sharing options...
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