Finance information - a summary

[Cloete]

alot of you people think your all so smart with trading, however if you had a look back i would say that at least 70% of you have got your good deals from new managers who are not up to scratch with the workings of the system... Now i see alot of people complain because they may have to work to build their squad rather then rely on niave managers to gain their advantage....

Before you got sprouting off anything, i am well over budget as well...

Maybe some of you should start thinking of the game rather then yourselves for a change... Especially BOARD MEMBERS, after all it is your job...

Just so you know... I never said anything about trading at all, apparently Guy overlooked every other manager in WCC and simply mentioned me. Which is a bit annoying, because now everyone is having a go at me for something which I have never said. And despite the fact it's clear that SA, WP, Waricks, ACT etc. do as much trading as anyone.

Anyway I can't actually recall any post where I have only mentioned myself. I've simply been pointing out negatives, which is actually good beacuase it means we can work to solve them can't we?

I'm $146,000 under my wage budget. I'd love to know how they're done though. As Porter is worth 402,000 and Hettiarachchi is worth 397,000 who are both **** in one form. But I have other players who are gun in both forms worth less or around the same number.. just want some clarification is all.

 

[Simon]

Just so you know... I never said anything about trading at all, apparently Guy overlooked every other manager in WCC and simply mentioned me. Which is a bit annoying, because now everyone is having a go at me for something which I have never said. And despite the fact it's clear that SA, WP, Waricks, ACT etc. do as much trading as anyone.

Anyway I can't actually recall any post where I have only mentioned myself. I've simply been pointing out negatives, which is actually good beacuase it means we can work to solve them can't we?

I'm $146,000 under my wage budget. I'd love to know how they're done though. As Porter is worth 402,000 and Hettiarachchi is worth 397,000 who are both **** in one form. But I have other players who are gun in both forms worth less or around the same number.. just want some clarification is all.

age and games plays a big part, by the look of things so does being an all rounder, cause my second best bat in Allen is one of my lowest valued players under 300k...

 

[Mr. P]

Just so you know... I never said anything about trading at all, apparently Guy overlooked every other manager in WCC and simply mentioned me. Which is a bit annoying, because now everyone is having a go at me for something which I have never said. And despite the fact it's clear that SA, WP, Waricks, ACT etc. do as much trading as anyone.

Anyway I can't actually recall any post where I have only mentioned myself. I've simply been pointing out negatives, which is actually good beacuase it means we can work to solve them can't we?

I'm $146,000 under my wage budget. I'd love to know how they're done though. As Porter is worth 402,000 and Hettiarachchi is worth 397,000 who are both **** in one form. But I have other players who are gun in both forms worth less or around the same number.. just want some clarification is all.

Yeah sorry about that.

I will confess, the reason I complained so much is that I didn't understand it 100%, which is stupid, obviously. So i'll apologise now

I take everything back. I wrote something about it in my match report...

 

[Mister Wright]

I'm gathering player values will be updated after every season, yes/no?

If so, I think it would be a good option to give a manager is to lock a player into a contract. If a manager feels that their player is at a good price but can see them improving and want to keep them in the side then they should be allowed to offer a player an extended contract at that price. Meaning the manager could keep the palyer at that price without risking the player's value rising. However, to offset this advantage the manager would have to keep the player and cannot cut him from the squad if they perform poorly, or if they do they have to keep that player's money as part of their budget until the contract runs out.

For example A. Player is valued at $380,000 by the finance department, but A. Player is a young player and has had good early season form, the manager can see that the player may improve and his value will go up, so therefore the manager locks him into a 2 year deal, so that player can stay at $380,000 and if his form continues he may have been valued at $420,000, saving the manager $40,000. However, the player's form could get worse, meaning the player's end of season value ends up at $320,000. The manager threfore loses $60,000 and has to keep the player.

I think this would be good because it will add an interest factor and sought out the good managers from the poor. And it won't be too hard to implement.

Just a thought.

 

[Cloete]

I'm gathering player values will be updated after every season, yes/no?

If so, I think it would be a good option to give a manager is to lock a player into a contract. If a manager feels that their player is at a good price but can see them improving and want to keep them in the side then they should be allowed to offer a player an extended contract at that price. Meaning the manager could keep the palyer at that price without risking the player's value rising. However, to offset this advantage the manager would have to keep the player and cannot cut him from the squad if they perform poorly, or if they do they have to keep that player's money as part of their budget until the contract runs out.

For example A. Player is valued at $380,000 by the finance department, but A. Player is a young player and has had good early season form, the manager can see that the player may improve and his value will go up, so therefore the manager locks him into a 2 year deal, so that player can stay at $380,000 and if his form continues he may have been valued at $420,000, saving the manager $40,000. However, the player's form could get worse, meaning the player's end of season value ends up at $320,000. The manager threfore loses $60,000 and has to keep the player.

I think this would be good because it will add an interest factor and sought out the good managers from the poor. And it won't be too hard to implement.

Just a thought.

Excellent idea. It means you can get a quality player on a small contract fee but it means you can't ever cut him or trade him. So it's very interesting.

 

[Mister Wright]

Excellent idea. It means you can get a quality player on a small contract fee but it means you can't ever cut him or trade him. So it's very interesting.

I was thinking you could trade him, but if the player is on a 3 year contract then the manager would have to pay 30% transfer fee instead of 10%. Also, you can cut the player but that players' value stays in your budget until the contract term runs out.

 

[Cloete]

I was thinking you could trade him, but if the player is on a 3 year contract then the manager would have to pay 30% transfer fee instead of 10%. Also, you can cut the player but that players' value stays in your budget until the contract term runs out.

oh ok... yeah liek you're still paying for his contract. Or you could be able to pay all of it in one hit?

If the player is transferred then the new manager has to pay him at what would be his actual price maybe?

 

[Simon]

ok think this would be a good idea, however i dont think the option should be there to cut a player if they are locked into a contract, perhaps you could have the option to cut them if they havent played 33% of games under their contract and give the player a release fee or something...

i believe we are looking at an option were players that have been at a club for a certain length of time be given a discount under the salary cap...

 

[Mister Wright]

ok think this would be a good idea, however i dont think the option should be there to cut a player if they are locked into a contract, perhaps you could have the option to cut them if they havent played 33% of games under their contract and give the player a release fee or something...

i believe we are looking at an option were players that have been at a club for a certain length of time be given a discount under the salary cap...

I don't really thnk that is needed if their value decreases as they get older. Unless of course a player is young when they come to the club, and after about 3 or 4 years their value sky-rockets. Then I think that would be a good option.

 

[Simon]

I don't really thnk that is needed if their value decreases as they get older. Unless of course a player is young when they come to the club, and after about 3 or 4 years their value sky-rockets. Then I think that would be a good option.

when we say they got older, we mean 30+ age players value probably wont peak until 60 or so games and around the age of 26, thats the way ive seen it...

 

[Jamee999]

So basicly if WageBudget= W, RunningCosts=R ,Values=V and Misc.(Physio etc.) =M. The optimum thing would be: (W-R)-M=V?

 

[Graham]

I think that players' contracts should be on a season by season basis. The system is supposed to be simple.

 

[nibbs]

marc, the one thing i can't quite figure out is that with current squads, some teams will went over budget with their current squads and some didn't???

the other i didn't quite understand was the differing wage demands of my players. better players are asking for less than players they are much better than??? were wages randomly calculated or what?

 

[marc71178]

1. Quick question. When will we get new running costs? Will it be at the end of this season or the start of the next? The reason i ask if because im not sure whether i need to keep some money left over for sign on costs, because if we get a new budget at the end of the season then in theory ill have money to spend in between seasons on signing new players.

New running costs will be worked out before season 7 starts, and they will apply for season 8, so these costs only apply to this current season.

You will have to keep some money from this grant so that you can use it on signing players during trading.

2. Another question, which is related to the first, when will the prizemoney be paid out because i could decide to take a risk and rely on that money for signing new players.

That money will be part of the next season's budget, and won't be issued till the end of this season (since in effect it won't be known till then)

3. Ok another question (decided to start numbering this). What will be the cost of a fine for non submission?

It will all be taken into account when looking at costs for next season - it'll be more like a look at general reliability than a strict system of fines.

4. What would happen in the case where a team spends all their money on physio and youth and has no money left for the fines?

Fines aren't coming out of this season's budget - they're all rolled up into next year - sorry for not making that clearer!

5. I would be right in saying that the money spent on youth this season will affect the youth players we receive during next season seeing as we have received this seasons batch?

All managers have been asked to allocate at least $350,000 as the rookies have been generated at that cost, but you can put more than that for this season if you want, and some more will be generated (unfortunately they won't be able to go into the academy this time).

There is a maximum number of rookies generated (if you put the full amount in) and clubs who spend more will be able to keep more of their rookies as part of the maximum of 12 before drafting.


Hope that all helps!

 

[marc71178]

It will go towards miscallaenous costs .. eg player and chairman/manager entertainment etc ..

Nope, my back pocket actually - got a big bar bill to pay

 

[marc71178]

do we have to determine over the next two weeks how much we want to allocate to signing on fee's? It's a bit hard to allocate money at this stage when we don't know how active we're going to be in the trading market.

You have to allocate it, because in a couple of weeks or so, physios and youth development officers will be joining your clubs, and they want to be paid for their services!

I know it might sound crazy but do we HAVE to have squads of 16 or can we have other amounts?

Afraid so.

 

[marc71178]

Just a thought i came up with. I think there might be a few problems when it comes to the draft as players may be forced to sign players they cannot afford. eg. Say we are up to the 5th round of the draft, so i have 2 picks left, and i have a remainder of 400,000 to spend. If the 'cheap' players are signed up i may need to spend over my budget just to meet the requirement of 16 players...

In the unlikely event of that happening, we will look into the situation, but having looked at the total wage demands of the 576 players currently in squads (just an indication of the soze of the task here!) - and compared it to the total budgets I've found that overall wage budgets are quite comfortably in excess of demands.

 

[marc71178]

I agree with Kyle, let say you allocate $750,000 on each then you might not have enough left to make sign on fees. It a bit too early in the season to know which players you want to keep, therefore give sign on costs too. Like Kyle said i think it would be better if we alloacted these amounts after trades.

That's the whole point - you have to decide on how to allocate your budget.

The most a player will ask for in a sign-on is around $60,000, assuming he's traded that is!

You don't have to pay to retain anybody, it's only when you trade in.

ie - say you trade Joe Bloggs (salary $250k) for John Smith (salary $350k) - you have to pay $35k to Smith and the person you traded with pays Bloggs $25k

 

[marc71178]

Another Question: Will the rookies be exempt from the salary cap or will all rookies have a set value say - $100,000?

No rookie will be paid in his development year, but his salary for next season will be calculated as soon as I get the information from Blewy, so that you know how much you'll be commiting to if you want to keep him.

Related Quesiton: Can the Finance department give a guide to how much money allocated to the youth development officer will equal in rookies? The FD says that at current the figure is $350,000 so does that mean every rookie in regards to finance is worth $175,000 to develop?

There's a scale I've calculated - it's a broadly sliding scale (so you can try and estimate what for example $550,000 will get you) but there's no strict figures being released.

 

[marc71178]

So basically I am $98000 over budget as it stands. Great. I have to weaken my squad.

If you saw the full picture of things then you wouldn't be whinging - I can assure that there are managers in a much worse position than you (up to 4 or 5 times worse off actually), and not one of them has had a moan.