Pay debt using transfer budget

[ttvbtw]

You should be able to pay debt using excess money from the transfer budget.

[FrazT]

Setting budgets and the handling of loans is not a task carried out by the Manager.  Be assured that the board will take the current state of the finances into account when deciding on budgets and whether to repay any outstanding debt.

[Guest]

Im playing with Barcelona, like 4 seasons in and i have 400m in the bank, and we have like 250m left on the loan that shall be repayed in 2031, it doesnt feel unrealistic that we could repay the loan earlier, it would be a nice feature if you could get the question from the board like "would you consider a smaller transferbudget next year so we could repay the outstanding loan?"

[boey]

On 09/01/2024 at 21:41, MasterFolke said:

Im playing with Barcelona, like 4 seasons in and i have 400m in the bank, and we have like 250m left on the loan that shall be repayed in 2031, it doesnt feel unrealistic that we could repay the loan earlier, it would be a nice feature if you could get the question from the board like "would you consider a smaller transferbudget next year so we could repay the outstanding loan?"

Financially, it may not always make sense for a business to clear its debt using current funds. Debt does not mean a company is poor. One such example is if the loan was taken out with favourable interest rates, and the company believes that it can earn more money by investing its money rather than using it to clear off debt.

 

It is possible for a club in-game to clear debt due to high balance, but it's completely up to the board.

[Zachary Whyte]

Thanks for the suggestion, we'll put under consideration.