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FanFooty => Archives => FTP => Topic started by: Cicjose on January 03, 2011, 09:31:06 PM

Title: Bank Balance
Post by: Cicjose on January 03, 2011, 09:31:06 PM
http://www.fromthepavilion.org/finances.htm
(http://www.fromthepavilion.org/finances.htm)
$344,836

should i be saving this money or putting it into academies?
Title: Re: Bank Balance
Post by: Justin Bieber on January 03, 2011, 09:35:12 PM
Keep academies on Improving for now and keep it in the bank for a rainy day or if you see a cheap GUN. Academies are long term and Seniors will pay off more than Youths (money wise).

My bank balance is in the negatives to keep both my academies on Improving.
Title: Re: Bank Balance
Post by: Boomz on January 03, 2011, 09:36:54 PM
Agree with HP.

Have started investing in youths the last 2 weeks but it's going ot be hard to keep up...
Title: Re: Bank Balance
Post by: Bazinga on January 03, 2011, 09:39:05 PM
I'm only new at this game, but for me, I like to make [wages + acadamies]equal [gate takings + sponsorship].
If I don't make any player purchases then my funds will stay the same while maximising my academy investment.
Title: Re: Bank Balance
Post by: Cicjose on January 03, 2011, 09:39:26 PM
what should i be aiming to spend on the academies this season per week roughly?
Title: Re: Bank Balance
Post by: DazBurg on January 03, 2011, 09:40:02 PM
i've got $215,932 in the bank after the finae update so not bad as i will make money from games

i got both on improving and just hording  the cash for a rainy day like HP said
Title: Re: Bank Balance
Post by: Justin Bieber on January 03, 2011, 09:42:16 PM
Quote from: Cicjose on January 03, 2011, 09:39:26 PM
what should i be aiming to spend on the academies this season per week roughly?
Whatever level you are on, pay $500 over the next level up to get improving (while giving a little room incase the average investment goes up next week).

I can keep my academies on steady and get close to a breakeven sort of scenario but need to cut wages even more. Having 9 senior bowlers doesn't help :P. But is handy when I need to rest some like now ;D.
Title: Re: Bank Balance
Post by: Bazinga on January 03, 2011, 09:45:05 PM
Quote from: Hellopplz on January 03, 2011, 09:35:12 PM
Keep academies on Improving for now and keep it in the bank for a rainy day or if you see a cheap GUN. Academies are long term and Seniors will pay off more than Youths (money wise).

My bank balance is in the negatives to keep both my academies on Improving.
So HP, are you saying thats its wiser to invest more in your senior academy than your youth academy? I thought if your youth academy was better, then you would train better players for the future ??
Title: Re: Bank Balance
Post by: 8-6 Suited on January 03, 2011, 09:50:37 PM
Bank Balance   -$27,680


:D

But I have 75k in bids at the moment because I forgot about the Finance update.
Title: Re: Bank Balance
Post by: McRooster on January 03, 2011, 09:57:53 PM
Quote from: Cicjose on January 03, 2011, 09:31:06 PM
http://www.fromthepavilion.org/finances.htm
(http://www.fromthepavilion.org/finances.htm)
$344,836

should i be saving this money or putting it into academies?
About the same for me CJ, have set senior academy at 37ish (just over excellent) and junior at nearly 12.
Average investment has defintely declined since last week in Senior Academies as maybe people try to afford those guns still being offered and the prizemoney dwindles.

Will go for a batting gun if one arises soon and then that's it.......maybe  :P
Title: Re: Bank Balance
Post by: Alex7089 on January 03, 2011, 10:13:34 PM
I have no money in the bank but hoping to get a bit from selling my youth pull this week and I have 2 good games this week for SOD & T20 so I will get a fair bit from gate takings.

I don't invest in youths because money wise I can't afford to right now and it doesn't offer enough for me at the current time. However once I am earning a bit more, I MIGHT invest. But not massively for some time.
Title: Re: Bank Balance
Post by: roo boys! on January 03, 2011, 10:16:55 PM
I have 60k but home games for SOD and T20 is good :)
Title: Re: Bank Balance
Post by: bomberboy0618 on January 03, 2011, 10:17:54 PM
i have 241k :)
Title: Re: Bank Balance
Post by: Master Q on January 03, 2011, 10:19:41 PM
30k. Investing tons in Academies. Gonna cut down soon though.
Title: Re: Bank Balance
Post by: Alex7089 on January 03, 2011, 10:20:05 PM
Oh yeah my games are at home as well :b
I have discovered the backwards tongue thing! :b :p hehe and a buck tooth :B
Title: Re: Bank Balance
Post by: bomberboy0618 on January 03, 2011, 10:23:20 PM
yeah coz we didnt know :b :F
better buck tooth :E
Title: Re: Bank Balance
Post by: Alex7089 on January 03, 2011, 10:28:51 PM
What sort of idiot has buck teeth on the bottom? ::)
:O
=-= -Dunno but it looks nice
:S - OHNOES!!!
-(00)-    - Pig :D
Title: Re: Bank Balance
Post by: MajorLazer on January 03, 2011, 10:30:15 PM
I have 100k. :)
Title: Re: Bank Balance
Post by: roo boys! on January 03, 2011, 10:31:36 PM
+_+
Title: Re: Bank Balance
Post by: Alex7089 on January 03, 2011, 10:33:55 PM
/|\ - Tent XD
<.>
Title: Re: Bank Balance
Post by: bomberboy0618 on January 03, 2011, 10:35:04 PM
X_X
(\__/)
(='.'=)
(")_(")
Title: Re: Bank Balance
Post by: Alex7089 on January 03, 2011, 10:36:38 PM
OK the top one is good but the next 3 ::)
@_@
Title: Re: Bank Balance
Post by: Justin Bieber on January 03, 2011, 11:14:48 PM
Quote from: Bazinga on January 03, 2011, 09:45:05 PM
Quote from: Hellopplz on January 03, 2011, 09:35:12 PM
Keep academies on Improving for now and keep it in the bank for a rainy day or if you see a cheap GUN. Academies are long term and Seniors will pay off more than Youths (money wise).

My bank balance is in the negatives to keep both my academies on Improving.
So HP, are you saying thats its wiser to invest more in your senior academy than your youth academy? I thought if your youth academy was better, then you would train better players for the future ??
For newer teams, Senior is more important than youths to gain money. If you can get solid Seniors, you get 2 matches for Gatetakings than 1 match for Youths. Long term, I've invested in both as I have a few good Youth Pulls who should make it to my senior team.

Both my academies are good and have nice young players coming through in both (which is paying off after 2 seasons). I was cheap when buying players early on so had the cash. If you don't have much cash, go senior over Youths early.
Title: Re: Bank Balance
Post by: Maca24 on January 04, 2011, 12:10:06 AM
does anything happen if your finances stay in the negatives for a period of time?
Title: Re: Bank Balance
Post by: Alex7089 on January 04, 2011, 12:23:21 AM
Not that I have heard of. You have no money though s it would not be a lot of fun :b
Title: Re: Bank Balance
Post by: cookie311993 on January 04, 2011, 10:53:48 AM
i have 193,865. Increasing my 1,000 per week. need to fix that though
Title: Re: Bank Balance
Post by: Fletch74 on January 04, 2011, 11:00:12 AM
I only have $17,876 :( but I have just put a 16yo on the market this morning with ord/ord bat/tech and ord/ord endurance/power with endurance/power talents, so I expect a good return from him :) Already at $2K
Title: Re: Bank Balance
Post by: Justin Bieber on January 04, 2011, 11:50:12 AM
Quote from: Maca24 on January 04, 2011, 12:10:06 AM
does anything happen if your finances stay in the negatives for a period of time?
It can. Means you can't invest into academies or bid on players until you get back to positives. Can try to sell players if you go into the negatives.
Title: Re: Bank Balance
Post by: bomberboy0618 on January 04, 2011, 11:52:04 AM
Quote from: Hellopplz on January 04, 2011, 11:50:12 AM
Quote from: Maca24 on January 04, 2011, 12:10:06 AM
does anything happen if your finances stay in the negatives for a period of time?
It can. Means you can't invest into academies or bid on players until you get back to positives. Can try to sell players if you go into the negatives.
how do u pay wages?
Title: Re: Bank Balance
Post by: 8-6 Suited on January 04, 2011, 11:53:14 AM
Keeps putting you futher into Debt.


My tip, judging from the ads on TV, you can also call My Budget and they will get you out of Debt and back to saving... Apparently anyway.
Title: Re: Bank Balance
Post by: Alex7089 on January 04, 2011, 12:53:34 PM
Quote from: 8-6 Suited on January 04, 2011, 11:53:14 AM
Keeps putting you futher into Debt.


My tip, judging from the ads on TV, you can also call My Budget and they will get you out of Debt and back to saving... Apparently anyway.
Pretty sure that involves selling everything and starting again :P
Title: Re: Bank Balance
Post by: roo boys! on January 04, 2011, 01:38:35 PM
I would like to call My Budget to help me get to 1 mil :P
Title: Re: Bank Balance
Post by: Alex7089 on January 04, 2011, 01:46:05 PM
Sell all your players :b