Tips on making a Profit

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Sign decent young players either cheap or for free, develop them/loan them out for a couple seasons, then sell them.

I don`t know how well this works in FM11, but in FM10 I could make millions in profit each season once I got into the flow of it.
You won`t make anything the first 2-3 seasons, but as soon as you start selling off the first round of youngsters, the cash just keeps flowing in.

This might be considered cheating by some, but it is (or was in FM10 at least) very profitable.

Bigger clubs should always be looking to develop young talent to sell later, not every player in your squad needs to be a WonderKid... most top clubs in RL have lots of young talented players that are never going to be good enough for their own first team BUT they are commodities in their own right (i.e. you can sell them to other clubs which generates cash for yours!)
 
although I personally always give the standard bonuses - I don't see the point in risking the club's finances for a trophy...

I wouldn't say it was that much of a risk, the prize money for winning or being higher up the league is usually much greater than any bonus paid out in my experience. The only way you really save money by giving smaller bonuses is if your sure that you'll win anyway, or it can be a good way of making sure your players focus on one type of competition rather than another.
 
1) Reserve and fringe players usually don't have a high wage, and in the short term it may be bad but in the longer term you benefit.
2) You cant sell any players anyway because of the bug.
3) If your never gonna use your youth players what's the point of having them. Also no-where did it say anything about youths IT SAID UNWANTED/FRINGE PLAYERS!!!!!
4) What is the point of having a transfer budget if your not gonna use it. You might aswell make money from it, shouldn't you?
5) If you read the section about transfers it didn't say you must do that. If gave the pro's and cons of each and it said do what suits your financial situation.

I HAVE COUNTERED ALL YOUR AWFUL POINTS. SHOWS YOU DON'T KNOW A LOT MR SMARTY PANTS.

no, I don't know very much at all...

I've been playing the game 15 years and have learnt over time how best to manage my clubs and their finances...

a lot of your advice is BAD advice...

"1) Reserve and fringe players usually don't have a high wage, and in the short term it may be bad but in the longer term you benefit."

You don't benefit at all!! It's more beneficial to pay them over time than to give them the whole amount that they would earn over the length of their contract in one lump sum - any fool with half a brain can see the poor economic sense in paying a player 1 or 2 years wages in one go just to get them off the wage bill...
 
Bigger clubs should always be looking to develop young talent to sell later, not every player in your squad needs to be a WonderKid... most top clubs in RL have lots of young talented players that are never going to be good enough for their own first team BUT they are commodities in their own right (i.e. you can sell them to other clubs which generates cash for yours!)

Stop coming on here just to troll. If you read the title of the thread it said ADVICE. Not you must do this as it is exactly correctly.
If you don't like what you see on this thread and you just want to troll, BUGER OFF AND DON'T LOOK AT THIS THREAD.
 
Fantastic guide my friend!! just a quick question out of curiosity though, about the mention of the Nigel Clough tactic, but I thought that was on FM10 not 11..am I mistaken or does that tactic work well on FM11. Or has there been a new Clough tactic?

Thank you in advance!
 
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no, I don't know very much at all...

I've been playing the game 15 years and have learnt over time how best to manage my clubs and their finances...

a lot of your advice is BAD advice...

"1) Reserve and fringe players usually don't have a high wage, and in the short term it may be bad but in the longer term you benefit."

You don't benefit at all!! It's more beneficial to pay them over time than to give them the whole amount that they would earn over the length of their contract in one lump sum - any fool with half a brain can see the poor economic sense in paying a player 1 or 2 years wages in one go just to get them off the wage bill...

Yes, but then the next season you won't be paying their wages so can make about half a mil. read the post I made above.

---------- Post added at 01:15 AM ---------- Previous post was at 01:14 AM ----------

Fantastic guide my friend!! just a quick quistion out of curiosity though, about the mention of the Nigel Clough tactic, but I thought that was on FM10 not 11..am I mistaken or does that tactic work well on FM11. Or has there been a new Clough tactic?

Thank you in advance!

Thanks for the compliments.
I'm not sure if it the FM 10 version but I use it, and it works fine and I'm doing quite well with it.

---------- Post added at 01:17 AM ---------- Previous post was at 01:15 AM ----------

Bigger clubs should always be looking to develop young talent to sell later, not every player in your squad needs to be a WonderKid... most top clubs in RL have lots of young talented players that are never going to be good enough for their own first team BUT they are commodities in their own right (i.e. you can sell them to other clubs which generates cash for yours!)

Is that not what the post says?

Get some decent young players, nuture them, and then sell them. JUST GO AWAY TROLL.
 
Yes, but then the next season you won't be paying their wages so can make about half a mil. read the post I made above.

---------- Post added at 01:15 AM ---------- Previous post was at 01:14 AM ----------



Thanks for the compliments.
I'm not sure if it the FM 10 version but I use it, and it works fine and I'm doing quite well with it.

---------- Post added at 01:17 AM ---------- Previous post was at 01:15 AM ----------



Is that not what the post says?

Get some decent young players, nuture them, and then sell them. JUST GO AWAY TROLL.

Ah ok, thanks for that it's much appreciated I'll give it a go with the FM10 Clought tactic, and your welcome for the compliment but good work deserves them!
 
Guys can I just say, please vote if you think this was good, as if you don't some people will not look at this advice and it seems like a lot of people think this is good advice THANKS!!
 
look, rafmarinello...

I'm not intending to "troll" I'm attempting to point out where your "advice" is BAD advice...

you don't save anything by paying a player 2 years wages in one go... you don't pay him the next season no, but you will have already paid him his wages for that season and he'll likely be earning a wage somewhere else...

nor can you sell him... (one assumes the bug will be fixed next patch so your guide shouldn't be based on the current situation)

you obviously can't grasp the concept so lets try this::

* you have a player who has 2 years to run (call it 100 weeks for easy reckoning) on a £100 a week deal...

* you release him on a free at a cost of £10,000 instead of paying him £5,000 a year...

* the first year you are DOWN by £5k

* the second year your budgets are adjusted based on your situation both financially and "pre-season expectations" - you have saved nothing! Instead you have lost 5 grand unnecessarily!

* if you keep the player but transfer-list him (assuming the bug is fixed) you can then SELL him and make money AND save his wages - Win, Win!
 
Try loan to buys more often.
Short term - less cash up front, if player fails, send them back.
Long-term - agreed price done, possibly less cash to pay for player overall/

---------- Post added at 02:29 AM ---------- Previous post was at 02:25 AM ----------

Stop the arguing. Both have valid points.

However, if a player is unhappy, and you offer termination, the fee you will pay is almost certain to be lower than just releasing him.
 
Cancel all friendly's and put on cups and leagues prior to your competition matches. It's mentioned before but generates lots of money when playing equal teams. Especially when you have 4 or 5 before you start your competition. :)
 
look, rafmarinello...

I'm not intending to "troll" I'm attempting to point out where your "advice" is BAD advice...

you don't save anything by paying a player 2 years wages in one go... you don't pay him the next season no, but you will have already paid him his wages for that season and he'll likely be earning a wage somewhere else...

nor can you sell him... (one assumes the bug will be fixed next patch so your guide shouldn't be based on the current situation)

you obviously can't grasp the concept so lets try this::

* you have a player who has 2 years to run (call it 100 weeks for easy reckoning) on a £100 a week deal...

* you release him on a free at a cost of £10,000 instead of paying him £5,000 a year...

* the first year you are DOWN by £5k

* the second year your budgets are adjusted based on your situation both financially and "pre-season expectations" - you have saved nothing! Instead you have lost 5 grand unnecessarily!

* if you keep the player but transfer-list him (assuming the bug is fixed) you can then SELL him and make money AND save his wages - Win, Win!

Look it seems that most people disagree with you that my advice is bad.
Also there is more to than just wages, appearance fees etc.
Plus who told you that you pay their wages? Your wrong, and I can prove it. Park Ji Sung was on a £50,000 p/w contract with me and he had 2 years left. I terminated his contact, and I had to give him £1.7M in compensation. Now if had to pay him how much I would pay him anyway throughout the 2 years in a lump sum I would of had to pay him £4.8M. I've done the maths and it turns out that your wrong.
 
OK Mr I hate school...

have it your way, hopefully most people will read the entire thread and realise that your advice is wrong...

the funny thing is, a LOT of the original post is good advice, but releasing players to get them off the wage bill isn't...

(I do hope you're not planning a career in the financial sector when you leave school)
 
Look it seems that most people disagree with you that my advice is bad.
Also there is more to than just wages, appearance fees etc.
Plus who told you that you pay their wages? Your wrong, and I can prove it. Park Ji Sung was on a £50,000 p/w contract with me and he had 2 years left. I terminated his contact, and I had to give him £1.7M in compensation. Now if had to pay him how much I would pay him anyway throughout the 2 years in a lump sum I would of had to pay him £4.8M. I've done the maths and it turns out that your wrong.

You do know you can get your point across without being rude, that user had an opinion on what you put as advice, rather than being childish and rude, you could possibly be a bit gracious when your trying to get your point across. Makes the forum unpleasant when you see rudeness like this
 
Look it seems that most people disagree with you that my advice is bad.
Also there is more to than just wages, appearance fees etc.
Plus who told you that you pay their wages? Your wrong, and I can prove it. Park Ji Sung was on a £50,000 p/w contract with me and he had 2 years left. I terminated his contact, and I had to give him £1.7M in compensation. Now if had to pay him how much I would pay him anyway throughout the 2 years in a lump sum I would of had to pay him £4.8M. I've done the maths and it turns out that your wrong.
usually when terminating a contract you wont have to pay the whole sum of what he would have received

@Lazaru5: You beift from an extra £100 in your wage budget.

Look at it this way if you owned a business and you had a worker who was washing dishes even though you had a dishwasher :P

Would you terminate his contract or keep paying him weekly to watch as the dishwasher washes the dishes?

rafmarinello there is no need to be so defensive, he is trying to hep with your guild by giving his opinion on it.
 
OK Mr I hate school...

have it your way, hopefully most people will read the entire thread and realise that your advice is wrong...

the funny thing is, a LOT of the original post is good advice, but releasing players to get them off the wage bill isn't...

(I do hope you're not planning a career in the financial sector when you leave school)

Look just admit your wrong, because now your looking like a bit of ****, and I'm sure people would agree with me.
Also it seems most people disagree with you because if you look at the posts and poll you will see most people think this is pretty good advice.
I've clearly proved you wrong with your theory so just take it like a man an admit defeat.
Also you say that you hope people will realise the advice is **** but then 2 lines down you say it's good apart from the advice you disagree with.
GET A LIFE IT'S JUST ADVICE, SOME YOU CAN CHOOSE TO USE, SOME YOU DON'T.
 
Stop going on about it.

@ Lazaru5 - it is quite simple. If you do not agree with this advice. Don't use it. Stop trying to cause **** in a good advice thread.
 
You do know you can get your point across without being rude, that user had an opinion on what you put as advice, rather than being childish and rude, you could possibly be a bit gracious when your trying to get your point across. Makes the forum unpleasant when you see rudeness like this

If you read post's above you will see that I was trying not to be rude, but he kept going on and on.

---------- Post added at 01:48 AM ---------- Previous post was at 01:46 AM ----------

10 People who said no dont know what profits means

Thanks. I'm taking that this is a compliment right?

Stop going on about it.

@ Lazaru5 - it is quite simple. If you do not agree with this advice. Don't use it. Stop trying to cause **** in a good advice thread.

Agree with you there bud!
 
If you read post's above you will see that I was trying not to be rude, but he kept going on and on.

I know it can get frustrating sometimes but people will have a better opinion of you if can get your point across graciously.

BACK ON TOPIC

Very good list btw, i have found it hard to keep on top of finances, and have pasted the op on to my desktop, and i voted yes in the poll, keep up the good work
 
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