How do you beat the Financial Storm challenge?

[AlcoholicSocks]

This seems impossible! 

 

I've tried it with 7 different sides, of different levels and can't even come close. I go bankrupt after 2 games.

 

I've tried selling every player at Liverpool, terminating all the staff's contracts too. It still isn't enough money.

 

I've tried at Valur. They start just 5,000 over wage budget. I adjusted my budgets, sold the high earners. I even won qualification to the Euro Cup. Still went bankrupt.