Hey there, I've took my Newcastle team to become the biggest team in the world (reputation wise, win the vast majority of trophies available, etc.) However, this has come at a cost. Thanks to a mega-rich chairman I could make any team I wanted, but now I'm enjoying the rewards of my youth system and trying to build a world class team from young players I've developed. I'm slowly selling off my top players, and therefore getting a ridiculous profit each transfer window, while cutting the wage bill. Financially, I was expecting to be doing phenomonally.
And with a maximum transfer budget of ~£700m (Yes, that is how much is available to me!) I suppose I am. A wage bill of ~£1.5m p/w is also very good considering the club's enormous reputation and achievements (Decreased from last year). But then I look at the income/expenditure for last season. Large player wages (~£85m) and very large bonuses (~£40m !!!). £53m in non-football costs, £64m in tax and £34m in "other," spells for some serious expenditure. Removing all transfer income and expenditure, the club is losing ~£26.5m a year.
This doesn't sit well with me, and while I have hope my merchandising clubs will help, and some big players with big bonuses have gone, this might cut it down a little more. But while Newcastle aren't gonna disappear any time soon, thanks to that £700m sitting safe, I'd love to see if it's possible to manage a big club in the black.
So I'm asking other experienced FM managers from their past experiences, how concerning are my figures? Are yours similar to mine? I don't typically leave Newcastle in my save so I don't have much perspective for what the situation and figures are at other clubs, but if you're a relatively big team, could you please post your financial loss/gain without transfer expenditure/income (and agent fees) to give me the ability to make a comparison? If you feel I should take any other figures into consideration please tell, and if you have any particularly good financial advice I'd love to hear it
That post turned out longer than expected, but thank you very much for reading, would love any feedback.
And with a maximum transfer budget of ~£700m (Yes, that is how much is available to me!) I suppose I am. A wage bill of ~£1.5m p/w is also very good considering the club's enormous reputation and achievements (Decreased from last year). But then I look at the income/expenditure for last season. Large player wages (~£85m) and very large bonuses (~£40m !!!). £53m in non-football costs, £64m in tax and £34m in "other," spells for some serious expenditure. Removing all transfer income and expenditure, the club is losing ~£26.5m a year.
This doesn't sit well with me, and while I have hope my merchandising clubs will help, and some big players with big bonuses have gone, this might cut it down a little more. But while Newcastle aren't gonna disappear any time soon, thanks to that £700m sitting safe, I'd love to see if it's possible to manage a big club in the black.
So I'm asking other experienced FM managers from their past experiences, how concerning are my figures? Are yours similar to mine? I don't typically leave Newcastle in my save so I don't have much perspective for what the situation and figures are at other clubs, but if you're a relatively big team, could you please post your financial loss/gain without transfer expenditure/income (and agent fees) to give me the ability to make a comparison? If you feel I should take any other figures into consideration please tell, and if you have any particularly good financial advice I'd love to hear it
That post turned out longer than expected, but thank you very much for reading, would love any feedback.