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Loans

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300231.1
Date: 07/15/2019 18:07:36
Overall Posts Rated:
1717
It would be good and very expansive in the game to create the possibility that the teams that have more money can lend it to other teams and they have to pay them monthly a fee to cover the loan plus interest. it would help the growing teams a lot and it would make the game very dynamic

From: Ob1

This Post:
33
300231.2 in reply to 300231.1
Date: 07/16/2019 07:10:46
O-Beshimi
II.2
Overall Posts Rated:
140140
so who pays off the loan when borrower quits or is banned? i dont quite understand how this can be feasible or enforceable...i really hope we make this game harder and more challenging rather than making it easier. bad managers who cant manage finances are usually candidates for banishment

If you go into debt, you will be charged a 5% penalty each week until you are positive again at the time of a economic update. If your account is below -$500,000 at the time of a weekly economic update, you are given two weeks to bring your account back above -$500,000. Failure to reach that mark will result in all of your players being put on the transfer list automatically with a starting price of $0. If, after your players are sold, you are still not above -$500,000, you will be fired as the manager at the next economic update. Debt and bankruptcy are the first items calculated in the economic update each week. "Available cash after bids" does not count as money for the purposes of computing bankruptcy or the 5% interest penalty on a negative balance. Players must sell prior to the weekly economic update for these credits to pull you out of bankruptcy.

Last edited by Ob1 at 07/16/2019 07:11:17

From: nazavelez

To: Ob1
This Post:
00
300231.3 in reply to 300231.2
Date: 07/16/2019 14:21:26
Overall Posts Rated:
1717
When a team falls into negative numbers and has to pay 5% until they are back to positive numbers actually what happens is that the game "borrows" this team the money it has in negative and for this reason charges it a fee of interest.
There could be a table in which the most solvent equipment of the least solvent is classified and on the basis of this table it is applied a greater interest to the least solvent equipment, and a less interest to the most solvent or safe equipment, as happens in real life
The risk of the team going bankrupt and not beingable to finish paying the loan would exist, but it would be off set by a higher interest
I don't think this wouldmake the game easier, but it would make it harder as smaller teams could develop faster and the most important teams would have greater threats to their development and should continue to improve
It would also solve the problem of the game of teams that accumulate large sums of money, because in this way it is in their interest to lend the money rather than keep it in storage