General Help/FAQ: How to Get Out/Stay Out of Debt

July 3rd, 2008 by SM Dev (ste)

The SM Forum contains a wide variety of forumers who all offer different insights into the world of SM. Due to this I am going to start publishing some of their articles within the SM Blog, and these will be in relation to general game help.

The following is from a sticky thread within the ‘General Help’ category created by forumer Premiership, and it is called ‘How to Get Out/Stay Out of Debt‘:

I am making this to try and help people in order to stay out of debt, or , if they are in it, to try and get out. Even though I haven’t seem many threads regarding this issue, I hope it will be available for future use, because I know that somone will come and ask, so this will be there for them to look at instead of posting a thread.

Firstly, I will define the true meaning of the word “debt”:

Somthing that is owed, such as money, goods, services.
2.An obligation to pay or perform somthing; liability.

Staying Out

1. Know your targets!
You have to buy players appropriate of the stadium size, and their salaries. So you shouldn’t buy players who are rated 96,97,98 when you only have a small stadium, where you will only get so much money. Even if you can afford to get them, thier wages will cause a slump in finances. When stadium upgrades come in, this will be minimised to an extent.

To know roughly the boundaries of ratings which your team will support, check out the original squad of your team
http://www.soccermanager.com/clublist.php?type=1 Again, stadium upgrades means the factors will vary among teams’ stadium capacities, divisions etc.

Watch those wages!
The players aren’t going to play for you for free, so it’s important that you be careful that the total wages (can been viewed on the squad section of the team), aren’t more than the amount you recieve in gate reciepts. Obviously how much you get depends on the stadium size, and the division that the team is in. Derbies will change this to a small effect, once they are implemented.

Also, you need to keep the sqaud size to a reasonable level. I reccomend around 30-50 players (total) is adequate. Too few players generally (not always) results in poor seasons, and too many tend to cost the team a lot of money in wages.

Getting out

1.Sell those money-wasters!
If the debt is fairly low (won’t write an exact amount, as it varies on the club), then it may be the case that those that you don’t play, for whatever reason, are simply causing the club to lose out. In this instance, you put them on the transfer list, and wait until a bid appears. The AI put in good bids now, so if a managed team doesn’t bid, the AI will give you a very good price.

2.Go for broke
Somtimes, a club can experiece points where, for some reason, they fall under, and lose masses of cash. They become seriously high in debt, and selling cheaply will not help yuor cause. In this instance, you should go straight for the players’ whose ratings are the highest. I know this will make the team worse, but if you can get good loans, and gel the team quickly with good tactics, there shouldn’t be too much of a differnce.
In the past, there have been many people who have taken on the challenge of a club in debt. The most recent (I think, tell me if I’m wrong), and most miracolous, is Leamingtonsteve, who took over a West Ham United who were bottom of division 4, and over £25million pounds in debt. By selling the best players, getting good loans, and using good tactics, he was able to steer them away. It just goes goes to show that nothing is impossible.

I hope that the above information provided by the forumer Premiership comes in useful to those of you are are currently having money troubles.

Please Note: The above guide is not guaranteed to get you out of debt or ensure you stay out of debt, and it is only the advice from a member of our community and not that of SM.

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13 Comments Add your own

1. Nathan Dickson | July 3rd, 2008 at 8:21 pm

im sorry i found this sooo funny….debt advice! what is this coming too, next thing you know they’ll be giving out loans…

LOOOOOL
2. Amrish Roopun | July 4th, 2008 at 6:32 am

We need to have a search for free agents.
3. wc 342 man united owner | July 4th, 2008 at 12:17 pm

LOL if seriously they hand out loans i hope they add interest to make ppl pressured haha!
4. DAz EvaNs | July 4th, 2008 at 4:01 pm

maybe loanz will be gud.

AboUt stAdium SizEs anD upGradEs wilL NorWichS StaDium inCreaSe?
5. guest | July 4th, 2008 at 4:19 pm

yea right 25m in debt, that west ham must having a few 90++ rating players and sell at the highest possible price 2.5 to 3 times of thier value

if so, i think everyone can do that so called ‘nothing is impossible’
6. guest | July 4th, 2008 at 4:23 pm

or maybe the west ham have 100 decent players in the squad …
7. wc 342 man utd owner | July 4th, 2008 at 4:53 pm

i kinda believe because they didnt mention it took a while to clear debts i believe they took possibl at least 1/2 yr
8. Jad Houssami (premiership) | July 4th, 2008 at 7:18 pm

I don’t think anyone has grasped the point of the article.
I wrote it (and if ya don’t believe me make a forum account and look) and it says nowt about loans so where did you get that from? It’s just a little guide to help people in debt to get out of it especially if people take debt-ridden teams up as a challenge. So read it properly before jumping to conclusions, please.
9. ash | July 5th, 2008 at 12:58 am

free agent search
10. Vino | July 5th, 2008 at 2:32 am

I’ve had loads of teams in debt and I’ve just got out of it when I got my prize money and investments and then bought some more players and then went under again lol.

To the people requesting the free agent search I say you are totally and utterly correct, I mean what the blooming hell of course there should be one and why did they take that away. I remember in the good old days it was there, and then they disabled it and then it was back for a while and then it went again I mean WHY?. I heard they were thinking about taking the new players page away too lol!.

Some teams are impossible to get out of debt though. I mean Boston, once they go under they’re totally screwed. Never see a penny again.

(I’ve had to write this twice so i’m rather annoyed lol).
11. vinesh | July 5th, 2008 at 6:10 am

We need to have a search for free agents.
12. lois | July 5th, 2008 at 4:04 pm

aha. yes.
13. wes allen sunderland | November 20th, 2008 at 9:22 pm

we should have free agents and that will make lower team get higher up in the table.it will be better for every one and we should only let the players be 85 and under my reson if you could go higher there would be no good players and we will not make profit.