vex
10-01-2003, 12:04 AM
It's the newest HT news item up and I must say, it is some of the worse advice I have ever heard.
So you've gone into debt…
By Cyntech
Going into debt in Hattrick, is a little like real life. You start owing the "bank" money and have to pay interest on the money you borrow. It is when you really need to start paying attention to what money you are spending and what you are receiving, as if you're not careful, you could end up going bankrupt.
In Oceania, the threshold limit is AU$1,000,000 in debt. If you hit this much debt, then the Hattrick system gives you only 5 logins to resurrect this amount or your team is rendered "bankrupt" and given to another manager. So because of this, going into debt is a very serious matter.
Now, as you can imagine, like in real life, there are some things you're going to have to sacrifice. What you have to sacrifice is dependant on how much debt you are in and what your cash flow is like. The situation I am going to base my article on is my own, where my team is very new in Division 5 and cash flow isn't very good.
Some things to remember is that you want to try and make a profit every two weeks, ie with one home game and one away game. Obviously there is going to be (9 times out of 10) a loss on the week with the away game, so you want to make back that loss and then make a little more on the week with the home game.
Some things you can do are:
No more buying of players.
Well, at least until you are out of debt. It's a hard concept to get used to, trust me I know, but if you want to make money and get out of debt, new players will have to wait until you are more financially sound.
Host international friendlies, don't go overseas.
As you may or may not know, going overseas for an international friendly will cost your team AU$12,000. This is a cost you do not need if you are in debt. So avoid them. However, one of the best ways to get more revenue is to have an international team come to your stadium. International friendlies attract bigger crowds than normal friendlies, especially if you make them cup rules. Additionally, try to ask teams that would typically have a lot of fans, so that spectators at your game will be higher. It doesn't matter if they are better than you, it's a friendly after all.
Sell unneeded players.
One of the expenditure elements that can easily mount up is wages. A good way of reducing the amount of money going out every week is to reduce the amount of wages that you pay. To do this, you can sell any players that you might not need. The bare minimum team you can have is the 11 players you play for a league game. However, I don't recommend this. If you get a bad injury then you'll be in bigger trouble that before.
Sell any players that you think will bring you some cash. Any player that is poor or below in their highest skill level, it's probably better to fire them, as it costs you money to place them on the transfer list. If a player is only going to sell for around AU$3000 or AU$4000 then this will only just cover the cost of listing them. These players generally do not help your team and are basically a "waste" of wages. My suggestion is to keep 1 back up player for each position, and your trainees.
For example, I train playmaking, so I kept a couple of spare defenders, 1 spare winger, 1 spare striker and my inner midfielder b-team trainees. This meant I could sell 2 defenders, 1 winger and a couple of strikers. This little influx of cash can put you a long way to recovery. However, again, only make this decision if you are a long way in debt. If you are only around $200,000 in debt, it may not be worth to do this.
Drop your level of Youth Squad investment to a lower level.
This is a weekly investment, so it's money that can be saved per week. If you are greater than $200,000 into debt and your cash flow is less than +/- $100,000, then this can help a lot.
If you're worried about your Youth Squad skill level dropping, then this may give you some assurance. In my situation, my Youth Squad had reached passable when I dropped my investment level to $20,000. My Youth Squad stayed at this level for the duration that I had the Investment at $20,000.
It seems that the medium level of investment will keep your Youth Squad level around passable. Any lower and it will start dropping. If your Youth Squad happens to be higher than passable, $20,000 investment will drop it eventually to passable. If it's lower than Passable, $20,000 will slowly raise it to passable. However, if it is lower than passable, you might want to consider even dropping it to $10,000 or maybe even $0. This is a decision you have to make depending on your situation and how much debt you are in. If your Youth Squad isn't very good and your weekly cashflow isn't great, then this is probably advisable.
Downsize to essential staff.
Your staff cost you AU$3000 per week, so it's good to try and keep to the bare minimum when you're trying to make back some money. Trim back any Assistant coaches, Psychologists, Physios etc that you think you can do without. Remember, each staff member you can do without is AU$3000 more you get each week.
However, because training is one of the most important elements to maintain in Hattrick, try to keep your assistant coaches and goaltending coaches as long as you can. If you get rid of them, your training will suffer.
Expand your stadium.
This course of action requires a lot of serious thinking. It will set you further in debt, but for higher return. However, if you are close to the AU$1,000,000 mark then this one is out of the question because stadium costs could possibly send you over the bankruptcy line.
Basically the theory behind this is that if you expand your stadium, you will get bigger returns because you have more people coming to your games.
Sell top skilled players.
As I said before, there are sacrifices you need to make and this is a pretty big sacrifice. This course of action is usually reserved for when you get really close to that $1,000,000 bankruptcy mark and you really need to have a lot of money coming in to help.
Basically you pick one of your best players and sell him and hope that he goes for a really good price.
Remember, this should only be your very LAST resort. Without your top players on your team, you will find it harder to win games. Without winning games, means you can't get promoted, and without promotion you can't earn more money.
Well, there you have it... Some suggestions on how to get out of debt. They're not guarenteed mind you, it's really a lot of trial and error. Try some of these and see where you get. Don't forget that if you need to ask someone for help, then do it. The Newbie Conference in Hattrick is very helpful.
Good Luck! :)
So you've gone into debt…
By Cyntech
Going into debt in Hattrick, is a little like real life. You start owing the "bank" money and have to pay interest on the money you borrow. It is when you really need to start paying attention to what money you are spending and what you are receiving, as if you're not careful, you could end up going bankrupt.
In Oceania, the threshold limit is AU$1,000,000 in debt. If you hit this much debt, then the Hattrick system gives you only 5 logins to resurrect this amount or your team is rendered "bankrupt" and given to another manager. So because of this, going into debt is a very serious matter.
Now, as you can imagine, like in real life, there are some things you're going to have to sacrifice. What you have to sacrifice is dependant on how much debt you are in and what your cash flow is like. The situation I am going to base my article on is my own, where my team is very new in Division 5 and cash flow isn't very good.
Some things to remember is that you want to try and make a profit every two weeks, ie with one home game and one away game. Obviously there is going to be (9 times out of 10) a loss on the week with the away game, so you want to make back that loss and then make a little more on the week with the home game.
Some things you can do are:
No more buying of players.
Well, at least until you are out of debt. It's a hard concept to get used to, trust me I know, but if you want to make money and get out of debt, new players will have to wait until you are more financially sound.
Host international friendlies, don't go overseas.
As you may or may not know, going overseas for an international friendly will cost your team AU$12,000. This is a cost you do not need if you are in debt. So avoid them. However, one of the best ways to get more revenue is to have an international team come to your stadium. International friendlies attract bigger crowds than normal friendlies, especially if you make them cup rules. Additionally, try to ask teams that would typically have a lot of fans, so that spectators at your game will be higher. It doesn't matter if they are better than you, it's a friendly after all.
Sell unneeded players.
One of the expenditure elements that can easily mount up is wages. A good way of reducing the amount of money going out every week is to reduce the amount of wages that you pay. To do this, you can sell any players that you might not need. The bare minimum team you can have is the 11 players you play for a league game. However, I don't recommend this. If you get a bad injury then you'll be in bigger trouble that before.
Sell any players that you think will bring you some cash. Any player that is poor or below in their highest skill level, it's probably better to fire them, as it costs you money to place them on the transfer list. If a player is only going to sell for around AU$3000 or AU$4000 then this will only just cover the cost of listing them. These players generally do not help your team and are basically a "waste" of wages. My suggestion is to keep 1 back up player for each position, and your trainees.
For example, I train playmaking, so I kept a couple of spare defenders, 1 spare winger, 1 spare striker and my inner midfielder b-team trainees. This meant I could sell 2 defenders, 1 winger and a couple of strikers. This little influx of cash can put you a long way to recovery. However, again, only make this decision if you are a long way in debt. If you are only around $200,000 in debt, it may not be worth to do this.
Drop your level of Youth Squad investment to a lower level.
This is a weekly investment, so it's money that can be saved per week. If you are greater than $200,000 into debt and your cash flow is less than +/- $100,000, then this can help a lot.
If you're worried about your Youth Squad skill level dropping, then this may give you some assurance. In my situation, my Youth Squad had reached passable when I dropped my investment level to $20,000. My Youth Squad stayed at this level for the duration that I had the Investment at $20,000.
It seems that the medium level of investment will keep your Youth Squad level around passable. Any lower and it will start dropping. If your Youth Squad happens to be higher than passable, $20,000 investment will drop it eventually to passable. If it's lower than Passable, $20,000 will slowly raise it to passable. However, if it is lower than passable, you might want to consider even dropping it to $10,000 or maybe even $0. This is a decision you have to make depending on your situation and how much debt you are in. If your Youth Squad isn't very good and your weekly cashflow isn't great, then this is probably advisable.
Downsize to essential staff.
Your staff cost you AU$3000 per week, so it's good to try and keep to the bare minimum when you're trying to make back some money. Trim back any Assistant coaches, Psychologists, Physios etc that you think you can do without. Remember, each staff member you can do without is AU$3000 more you get each week.
However, because training is one of the most important elements to maintain in Hattrick, try to keep your assistant coaches and goaltending coaches as long as you can. If you get rid of them, your training will suffer.
Expand your stadium.
This course of action requires a lot of serious thinking. It will set you further in debt, but for higher return. However, if you are close to the AU$1,000,000 mark then this one is out of the question because stadium costs could possibly send you over the bankruptcy line.
Basically the theory behind this is that if you expand your stadium, you will get bigger returns because you have more people coming to your games.
Sell top skilled players.
As I said before, there are sacrifices you need to make and this is a pretty big sacrifice. This course of action is usually reserved for when you get really close to that $1,000,000 bankruptcy mark and you really need to have a lot of money coming in to help.
Basically you pick one of your best players and sell him and hope that he goes for a really good price.
Remember, this should only be your very LAST resort. Without your top players on your team, you will find it harder to win games. Without winning games, means you can't get promoted, and without promotion you can't earn more money.
Well, there you have it... Some suggestions on how to get out of debt. They're not guarenteed mind you, it's really a lot of trial and error. Try some of these and see where you get. Don't forget that if you need to ask someone for help, then do it. The Newbie Conference in Hattrick is very helpful.
Good Luck! :)