Help on finances please

[jamielong951]

Hi,

Ok so my team is making a profit every month and weve got a balance of about 300k.

I am trying to sign a new coach who I have succesfully agreeed a contract with. However I am having to delay the transfer a week, and the reason giving is the team does not have enough funds. How can I check to see my funds that the money will come out of for this kind of transfer. I know I have to compensate the other team and the amount I need to compensate is LESS than my current team balance meaning I must have enough.

UNLESS.. does the compensation money come out of your transfer budget?

Thanks alot,
Jamie.

 

[Tonas579]

Yeah the compensation money does come out of your transfer budget, hope this helps.

 

[jamielong951]

Well that explains it then, anyone else confirm that for me?

 

[TheHig]

yeah he's spot on, it comes out your budget

 

[cainavfc]

yeah there right it does come out of your transfer budget because it is a transfer as such

 

[gillrfc]

yh this is true bcos whn i first took over at rangers i got rid of every1 including all my background staff and by signin new background staff it significantly decreased ma transper budget

 

[ChrisMorgan]

Yup all out your transfer budget.