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 Post subject: You are the chairman
PostPosted: Fri May 03, 2013 8:14 am 
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You are the chairman of a football club and have to set a budget for your fitst team coach and chief execttive to build a squad for the coming season. Projected season ticket sales, sponsorship, advertising, tv and radio revenue, sales of beer and pies, shirts etc gives a turnover of £1million. You are allowed to spend 65% of turnover on player's salaries. Now answer the following:

a) How much money can you spend on player's wages
b) If you release 7 players who cost 33% of your budget how much money will you have
c) Alternatively you let the players go on holiday and you'll knock something together when they get back?

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 Post subject: Re: You are the chairman
PostPosted: Fri May 03, 2013 10:19 am 
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Can't understand a word..

Words displayed may not be the ones inputted...thanks tapatalk

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 Post subject: Re: You are the chairman
PostPosted: Sat May 04, 2013 9:04 pm 
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To answer this you need to apply the Financial Rules of Modern Football, 1993 Edition

Quote:
[With a] turnover of £1million. You are allowed to spend 65% of turnover on player's salaries. Now answer the following:

a) How much money can you spend on player's wages


As much as you like -- borrow the remainder from your tax account and let the next guy sort it out.

Quote:
b) If you release 7 players who cost 33% of your budget how much money will you have


None, but it doesn't matter, because see a)

Quote:
c) Alternatively you let the players go on holiday and you'll knock something together when they get back?


Well, why the hell not?

This is a time honoured tradition in modern football, and I don't see why you Poolies would expect it to be any different ;-)


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