So i'm everton. currently half way through my first season sitting 4th in the table and i began to wonder how my finances were slowly dropping below the zero mark. I am regularly losing around £2m a month, is there any way i can solve this or at least minimise the expenditure without of course selling players as i only have a barebones squad at my disposal right now, Thanks.
Finances..
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I have this with my Fulham save, and so far the only thing I've found to do is to finish as high as you can in the league and hope the prize money can bring you back up. After that just hope you get a nice sponsership deal or something.
it's down to club debts and rising 'non footballing costs'. Unfortunately, you just gotta try and ride it out. Good ways to make extra money are --
Sign some half decent freebies and sell them on when their value increases (use them in Carling Cup or matches that aren't as important as others to raise value) and, in pre-season, instead of playing friendlies, set-up a friendly LEAGUE or two instead and invite really high profile teams to participate (you get quite a a lot of cash for these if you pick the right teams.)
If you're successful, you'll get the added prize money too and more tv revenue, which comes in very handy
Sign some half decent freebies and sell them on when their value increases (use them in Carling Cup or matches that aren't as important as others to raise value) and, in pre-season, instead of playing friendlies, set-up a friendly LEAGUE or two instead and invite really high profile teams to participate (you get quite a a lot of cash for these if you pick the right teams.)
If you're successful, you'll get the added prize money too and more tv revenue, which comes in very handy
It just prevents me from signing any new players, sub consciously im thinking should i really spend £4m on a player when i am negative £5m =/
Yeah, i signed adriano on a free agent and hes now worth £9m but i dont really wanna sell him cos hes my best striker
Yeah, i signed adriano on a free agent and hes now worth £9m but i dont really wanna sell him cos hes my best striker
Best advice is set up a pre-season tournament, I do between 2-3 of them, and rake in about 5m (playing the Brazilian teams), think you could get about 7m if you invited Barca, Real, Utd, Chelsea - just don't expect to win them!
If you can stay fourth until the end of the season you'll get a few big payouts...
Premier League prize money and the following season's inital tv payout just before the next season starts.
Use the league friendlies that I mentioned above to get another lump sum.
Get through you're Champions League play-off and you'll be given another huge amount of cash.
Just make you don't spend it all at once as the debts will be the same next year (can't remember how many seasons Everton's debt lasts for off the top of my head) and you're running costs will increase.
Repeat the same success the year after and (so long as you don't go crazy in the transfer market and with wages) you won't even notice the debt being paid off.
Premier League prize money and the following season's inital tv payout just before the next season starts.
Use the league friendlies that I mentioned above to get another lump sum.
Get through you're Champions League play-off and you'll be given another huge amount of cash.
Just make you don't spend it all at once as the debts will be the same next year (can't remember how many seasons Everton's debt lasts for off the top of my head) and you're running costs will increase.
Repeat the same success the year after and (so long as you don't go crazy in the transfer market and with wages) you won't even notice the debt being paid off.
I'd recommend buying players in instalments, not necessarily 48 months but 6, 12, 18 or 24 would be suffice, that way you have the chance to pay it back as you earn it rather than spending £5m up front and having to earn it back with a massive dent in your balance.
All the other ideas should help a bit, but the most important thing is to make sure you do as well in the league as possible, the domestic cups don't matter much as you pay out in bonuses pretty much every penny you make, however coming top 4 each year is worth about £40m.
All the other ideas should help a bit, but the most important thing is to make sure you do as well in the league as possible, the domestic cups don't matter much as you pay out in bonuses pretty much every penny you make, however coming top 4 each year is worth about £40m.