United's Debt

[coolguyrko]

Ok so Im on LFC's V5 summer update and I think we all know that United are really in debt.(2 loan deals that wont finish till 2017)Its costing the club quite a bit of money.So I thaught what about if I was really cheap and spent as little as possible and made as much as possible.
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Every player I have bought Ive paid up front so I dont have to worry about it coming back to bite me in the ***..Also Babacar is coming in for about £9m.
Some of players I sold deals I wanted over 48 months so it would help my monthly profit/loss.Its not really helped that much but its ok and I got 2 feeder clubs 1 in the USA and 1 in Japan so Im getting quite a bit extra in merchandising.
Now what I want to know is.Will my money saving help at all in the loan repayment process.Or will it just leave me with extra cash next season.Any other tips on helping me clear this debt will be appreciated.

 

[Steve*]

Search befor you post. Many people have asked about Uniteds debt before. Basicly keep within your budgets and dont overspend on fees and wages and you will pay it off eventually. Theres not much else you can do. However if the finances get too bad sometimes you will get a board takeover and they clear the debt

 

[Tommy Burke]

My friend has the same problem, he is spending most of the cash on youths and keeping the main team as cheap as possible. His debt is definetly decreasing every year once all the revenue from the league, tv rights, champions league etc flows in by the end of the season. He makes a loss of over 10 million most months which is due to debt payments we think, but the debt is decreasing. If you play as you are it would most likely result in the debt decreasing quicker. Hope that helps.

 

[coolguyrko]

Search befor you post. Many people have asked about Uniteds debt before. Basicly keep within your budgets and dont overspend on fees and wages and you will pay it off eventually. Theres not much else you can do. However if the finances get too bad sometimes you will get a board takeover and they clear the debt

I did.There where alot of posts that said Debt.I only saw 1 that delt with Uniteds but it wasnt the same as what I was doing.The guy had already been playing for awhile

 

[Jake]

http://www.fm-base.co.uk/forum/fm-2011-general-discussion/53869-tips-making-profit.html

 

[coolguyrko]

My friend has the same problem, he is spending most of the cash on youths and keeping the main team as cheap as possible. His debt is definetly decreasing every year once all the revenue from the league, tv rights, champions league etc flows in by the end of the season. He makes a loss of over 10 million most months which is due to debt payments we think, but the debt is decreasing. If you play as you are it would most likely result in the debt decreasing quicker. Hope that helps.

Thanks.And i will.Cant wait till Jan will be looking to pick up the people with 6 months left i.e Enyeama.

---------- Post added at 04:20 PM ---------- Previous post was at 04:18 PM ----------

http://www.fm-base.co.uk/forum/fm-2011-general-discussion/53869-tips-making-profit.html

Thanks Jake.Ive already looked at it and tried to implement some points.Just wondering can the loans be paid off quicker than 2017.

 

[Jake]

The only it has cleared quicker for me is a tycoon takeover.

 

[Shay Given]

Just wondering can the loans be paid off quicker than 2017.

Yes.