Hattrick - User contributions [en]

Finances

2008-09-15T23:02:46Z

Ghopkins66:

{{Interwiki/Economy}}

== Revenues and Expenses ==

Economy page and menu link within Hattrick has been renamed to Finances as of 12/09/2008. The Hattrick team feels it better reflects what the Economy section is about. Economists staff have been renamed to Accountants for the same reason.

You need money to run your [[club]]. You pay the expenses and collect the income of the week every weekend. The exact time varies by league - check the [[Updates|league events]] for when it occurs in your league. The [[Economy]] page shows your budget for this week and last week's financial status. Note that all your [[income]] and [[expenses]] during the week are stacked and drawn from your account each weekend. For example, if you buy a player from the transfer list for 5 000 € the player is accessible immediately, the "temporary costs" entry is increased by 5 000 € but you still have the money in your account, for the time being. This also goes for income from attendance, which is paid a week after the entry (payment for [[cup]] matches is delayed by half a week).

There's nothing to keep you from spending money even if your balance is zero. You have a line of credit for 500 000 €, but you're going to have to pay some heavy interest on this borrowed money. If you run up [[debt]]s amounting to 500 000 € you'll be given a [[bankruptcy]] warning and, as a result, you'll have severely limited access to Hattrick. If you do not return your balance to within the 500 000 € debt limit within two weeks of your bankruptcy warning, you may be forced to leave the Hattrick series system! However, long before you reach this limit your [[interest]] costs will have become insurmountable, so stay clear of that limit! Also remember that [[economist]]s don't credit interest over 500 000 €, so don't count on them saving you.

Besides, you won't be allowed to purchase [[players]] if this will push your debts over 200 000 €. When you're about to place a bid the program will take into consideration other bids you've placed, and what's been offered for your own players listed for transfer.

In other words, think twice before you get yourself into debt!

== Weekly Income / expenditure ==

Every week, during the [[updates]], the following things occur:

=== Income ===

*Income from sponsors: Keep good relations with your sponsors and it will earn you a higher income.

*Income from attendance: Have you played a home match last round and/or had a match mid week? For details on how attendance income is calculated, look at the information at [[Arena]].

*Financial income: Only for those with an [[economist]] on the payroll. (Really you need lots of money in the bank or huge [[debt]]s to profit from hiring an economist). Economists can only help up to the point of bankruptcy, after that you're on your own.

*Temporary income: Some things give you extra income during the week, particularly [[player]] sales, but also membership fees from new [[supporters]] (they pay 30 € a person) may come in.

=== Expenses ===

*Costs for the squad: Each week you pay a [[wages]] for each [[player]] you have in your team. If you're lucky to have an international player on your squad, and he plays for his national team this week, you get a partial wages refund, which is deducted from this figure.

*Additional staff: Your [[staff]] cost 1 800 € per person per week.

*[[Arena]] costs: The running and servicing of your arena. Note that this is a sum you pay every week regardless of whether you're at home or away.

*Investments in your [[Youth|youth squad]]: None, small, medium or large for the youth squad, or the wages of your scouts for the youth academy.

*Interest costs: If you have [[debt]]s you pay 5% interest rate on the borrowed money.

*Temporary costs: Besides the purchasing of players, changing coaches, firing specialists, transferlisting players, moving up youth squad players etc. costs money. All the week's one-off costs are accumulated here.

== End Of Season Income ==

At the end of every season the league authorities hand out a bonus if their [[club]] has done well enough. Money is handed out to first, second, third, and fourth place. How much depends on your place and how high up you are in the league system:

{|
|+End of season bonus
|-
! !! #1 !! #2 !! #3 !! #4
|-
! Top level
| 750 000 € || 495 000 € || 375 000 € || 188 000 €
|-
! Level 2
| 550 000 € || 360 000 € || 270 000 € || 135 000 €
|-
! Level 3
| 375 000 € || 240 000 € || 180 000 € || 90 000 €
|-
! Level 4
| 240 000 € || 150 000 € || 120 000 € || 60 000 €
|-
! Level 5
| 150 000 € || 90 000 € || 75 000 € || 38 000 €
|-
! Level 6
| 90 000 € || 60 000 € || 45 000 € || 23 000 €
|-
! Level 7 and below
| 60 000 € || 45 000 € || 30 000 € || 15 000 €
|}

There is also a 10 000 € bonus paid for having the [[top scorer]] in a [[series]]. The money is paid out after the last match of the season. If two players tie for this award, both current owners of the players will receive the award; however, if two of your own players tie, then you only receive one prize.

The budget and all matters concerning economy can be found at - yes, you guessed it! - the "Economy" caption on "Your Club" menu.

=== Promotion bonus ===

The teams also agreed that a special bonus should be given to those who manage to promote their team to a higher level. If your team is automatically promoted from Level 6 or above, you get a higher bonus than teams that reach the higher division after playing a qualifying game. In league levels 7 and below, both the winners and runners-up of odd-numbered divisions gain automatic promotion without having to play a qualifying match. Even-numbered divisions after this level will have only the winners promote without qualification. The runners-up in these leagues will stay in their leagues. In divisions where two teams are promoted, the winner gets the higher bonus, while the runner up gets the lower bonus. When only one team is promoted, the winner gets the higher bonus, while the runner up doesn't get any bonus payment. If your team loses a qualifying game and stays in the lower division, no bonus at all is paid out. All promoted teams will also get a 10% supporter bonus (similarly, relegated teams will lose 10% of their supporters).

{|
|+Promotion bonus
|-
! !! Auto-Promoted !! Promoted after qualifier
|-
! Top level
| 525 000 € || ---
|-
! Level 2
| 380 000 € || 120 000 €
|-
! Level 3
| 260 000 € || 80 000 €
|-
! Level 4
| 170 000 € || 50 000 €
|-
! Level 5
| 100 000 € || 30 000 €
|-
! Level 6
| 60 000 € || 20 000 €
|-
! Level 7 and below
| 40 000 € || 10 000 €
|}

Here is an example of how the bonus system may look:

Club A wins its Division IV and is promoted without qualification to Division III. They will get 240 000 € in prize money for winning its Division IV and 170 000 € in bonus money for being promoted without qualification. Total: 410 000 €.

If you want to calculate € into your own native currency you can check the [[Currencies]] page.

== See also==

* [[Economist]]
* [[Wages]]
*[http://bobymoore.blogsome.com/category/tips/tips-economy Bobymoore's blog, a series of articles on managing your hattrick economy]

[[Category: Game Concepts]]

Finances

2008-09-15T23:02:30Z

Ghopkins66: Change to notice of Finances change

{{Interwiki/Economy}}

== Revenues and Expenses ==

Economy page and menu link within Hattrick, has been renamed to Finances as of 12/09/2008. The Hattrick team feels it better reflects what the Economy section is about. Economists staff have been renamed to Accountants for the same reason.

You need money to run your [[club]]. You pay the expenses and collect the income of the week every weekend. The exact time varies by league - check the [[Updates|league events]] for when it occurs in your league. The [[Economy]] page shows your budget for this week and last week's financial status. Note that all your [[income]] and [[expenses]] during the week are stacked and drawn from your account each weekend. For example, if you buy a player from the transfer list for 5 000 € the player is accessible immediately, the "temporary costs" entry is increased by 5 000 € but you still have the money in your account, for the time being. This also goes for income from attendance, which is paid a week after the entry (payment for [[cup]] matches is delayed by half a week).

There's nothing to keep you from spending money even if your balance is zero. You have a line of credit for 500 000 €, but you're going to have to pay some heavy interest on this borrowed money. If you run up [[debt]]s amounting to 500 000 € you'll be given a [[bankruptcy]] warning and, as a result, you'll have severely limited access to Hattrick. If you do not return your balance to within the 500 000 € debt limit within two weeks of your bankruptcy warning, you may be forced to leave the Hattrick series system! However, long before you reach this limit your [[interest]] costs will have become insurmountable, so stay clear of that limit! Also remember that [[economist]]s don't credit interest over 500 000 €, so don't count on them saving you.

Besides, you won't be allowed to purchase [[players]] if this will push your debts over 200 000 €. When you're about to place a bid the program will take into consideration other bids you've placed, and what's been offered for your own players listed for transfer.

In other words, think twice before you get yourself into debt!

== Weekly Income / expenditure ==

Every week, during the [[updates]], the following things occur:

=== Income ===

*Income from sponsors: Keep good relations with your sponsors and it will earn you a higher income.

*Income from attendance: Have you played a home match last round and/or had a match mid week? For details on how attendance income is calculated, look at the information at [[Arena]].

*Financial income: Only for those with an [[economist]] on the payroll. (Really you need lots of money in the bank or huge [[debt]]s to profit from hiring an economist). Economists can only help up to the point of bankruptcy, after that you're on your own.

*Temporary income: Some things give you extra income during the week, particularly [[player]] sales, but also membership fees from new [[supporters]] (they pay 30 € a person) may come in.

=== Expenses ===

*Costs for the squad: Each week you pay a [[wages]] for each [[player]] you have in your team. If you're lucky to have an international player on your squad, and he plays for his national team this week, you get a partial wages refund, which is deducted from this figure.

*Additional staff: Your [[staff]] cost 1 800 € per person per week.

*[[Arena]] costs: The running and servicing of your arena. Note that this is a sum you pay every week regardless of whether you're at home or away.

*Investments in your [[Youth|youth squad]]: None, small, medium or large for the youth squad, or the wages of your scouts for the youth academy.

*Interest costs: If you have [[debt]]s you pay 5% interest rate on the borrowed money.

*Temporary costs: Besides the purchasing of players, changing coaches, firing specialists, transferlisting players, moving up youth squad players etc. costs money. All the week's one-off costs are accumulated here.

== End Of Season Income ==

At the end of every season the league authorities hand out a bonus if their [[club]] has done well enough. Money is handed out to first, second, third, and fourth place. How much depends on your place and how high up you are in the league system:

{|
|+End of season bonus
|-
! !! #1 !! #2 !! #3 !! #4
|-
! Top level
| 750 000 € || 495 000 € || 375 000 € || 188 000 €
|-
! Level 2
| 550 000 € || 360 000 € || 270 000 € || 135 000 €
|-
! Level 3
| 375 000 € || 240 000 € || 180 000 € || 90 000 €
|-
! Level 4
| 240 000 € || 150 000 € || 120 000 € || 60 000 €
|-
! Level 5
| 150 000 € || 90 000 € || 75 000 € || 38 000 €
|-
! Level 6
| 90 000 € || 60 000 € || 45 000 € || 23 000 €
|-
! Level 7 and below
| 60 000 € || 45 000 € || 30 000 € || 15 000 €
|}

There is also a 10 000 € bonus paid for having the [[top scorer]] in a [[series]]. The money is paid out after the last match of the season. If two players tie for this award, both current owners of the players will receive the award; however, if two of your own players tie, then you only receive one prize.

The budget and all matters concerning economy can be found at - yes, you guessed it! - the "Economy" caption on "Your Club" menu.

=== Promotion bonus ===

The teams also agreed that a special bonus should be given to those who manage to promote their team to a higher level. If your team is automatically promoted from Level 6 or above, you get a higher bonus than teams that reach the higher division after playing a qualifying game. In league levels 7 and below, both the winners and runners-up of odd-numbered divisions gain automatic promotion without having to play a qualifying match. Even-numbered divisions after this level will have only the winners promote without qualification. The runners-up in these leagues will stay in their leagues. In divisions where two teams are promoted, the winner gets the higher bonus, while the runner up gets the lower bonus. When only one team is promoted, the winner gets the higher bonus, while the runner up doesn't get any bonus payment. If your team loses a qualifying game and stays in the lower division, no bonus at all is paid out. All promoted teams will also get a 10% supporter bonus (similarly, relegated teams will lose 10% of their supporters).

{|
|+Promotion bonus
|-
! !! Auto-Promoted !! Promoted after qualifier
|-
! Top level
| 525 000 € || ---
|-
! Level 2
| 380 000 € || 120 000 €
|-
! Level 3
| 260 000 € || 80 000 €
|-
! Level 4
| 170 000 € || 50 000 €
|-
! Level 5
| 100 000 € || 30 000 €
|-
! Level 6
| 60 000 € || 20 000 €
|-
! Level 7 and below
| 40 000 € || 10 000 €
|}

Here is an example of how the bonus system may look:

Club A wins its Division IV and is promoted without qualification to Division III. They will get 240 000 € in prize money for winning its Division IV and 170 000 € in bonus money for being promoted without qualification. Total: 410 000 €.

If you want to calculate € into your own native currency you can check the [[Currencies]] page.

== See also==

* [[Economist]]
* [[Wages]]
*[http://bobymoore.blogsome.com/category/tips/tips-economy Bobymoore's blog, a series of articles on managing your hattrick economy]

[[Category: Game Concepts]]

Finances

2008-09-15T22:59:24Z

Ghopkins66: Notice of change to 'Finances'

{{Interwiki/Economy}}

== Revenues and Expenses ==

Economy has been renamed, within Hattrick, to Finances as of 12/09/2008 as the Hattrick team feels it is generally a more apt name to describe what is beneath. You need money to run your [[club]]. You pay the expenses and collect the income of the week every weekend. The exact time varies by league - check the [[Updates|league events]] for when it occurs in your league. The [[Economy]] page shows your budget for this week and last week's financial status. Note that all your [[income]] and [[expenses]] during the week are stacked and drawn from your account each weekend. For example, if you buy a player from the transfer list for 5 000 € the player is accessible immediately, the "temporary costs" entry is increased by 5 000 € but you still have the money in your account, for the time being. This also goes for income from attendance, which is paid a week after the entry (payment for [[cup]] matches is delayed by half a week).

There's nothing to keep you from spending money even if your balance is zero. You have a line of credit for 500 000 €, but you're going to have to pay some heavy interest on this borrowed money. If you run up [[debt]]s amounting to 500 000 € you'll be given a [[bankruptcy]] warning and, as a result, you'll have severely limited access to Hattrick. If you do not return your balance to within the 500 000 € debt limit within two weeks of your bankruptcy warning, you may be forced to leave the Hattrick series system! However, long before you reach this limit your [[interest]] costs will have become insurmountable, so stay clear of that limit! Also remember that [[economist]]s don't credit interest over 500 000 €, so don't count on them saving you.

Besides, you won't be allowed to purchase [[players]] if this will push your debts over 200 000 €. When you're about to place a bid the program will take into consideration other bids you've placed, and what's been offered for your own players listed for transfer.

In other words, think twice before you get yourself into debt!

== Weekly Income / expenditure ==

Every week, during the [[updates]], the following things occur:

=== Income ===

*Income from sponsors: Keep good relations with your sponsors and it will earn you a higher income.

*Income from attendance: Have you played a home match last round and/or had a match mid week? For details on how attendance income is calculated, look at the information at [[Arena]].

*Financial income: Only for those with an [[economist]] on the payroll. (Really you need lots of money in the bank or huge [[debt]]s to profit from hiring an economist). Economists can only help up to the point of bankruptcy, after that you're on your own.

*Temporary income: Some things give you extra income during the week, particularly [[player]] sales, but also membership fees from new [[supporters]] (they pay 30 € a person) may come in.

=== Expenses ===

*Costs for the squad: Each week you pay a [[wages]] for each [[player]] you have in your team. If you're lucky to have an international player on your squad, and he plays for his national team this week, you get a partial wages refund, which is deducted from this figure.

*Additional staff: Your [[staff]] cost 1 800 € per person per week.

*[[Arena]] costs: The running and servicing of your arena. Note that this is a sum you pay every week regardless of whether you're at home or away.

*Investments in your [[Youth|youth squad]]: None, small, medium or large for the youth squad, or the wages of your scouts for the youth academy.

*Interest costs: If you have [[debt]]s you pay 5% interest rate on the borrowed money.

*Temporary costs: Besides the purchasing of players, changing coaches, firing specialists, transferlisting players, moving up youth squad players etc. costs money. All the week's one-off costs are accumulated here.

== End Of Season Income ==

At the end of every season the league authorities hand out a bonus if their [[club]] has done well enough. Money is handed out to first, second, third, and fourth place. How much depends on your place and how high up you are in the league system:

{|
|+End of season bonus
|-
! !! #1 !! #2 !! #3 !! #4
|-
! Top level
| 750 000 € || 495 000 € || 375 000 € || 188 000 €
|-
! Level 2
| 550 000 € || 360 000 € || 270 000 € || 135 000 €
|-
! Level 3
| 375 000 € || 240 000 € || 180 000 € || 90 000 €
|-
! Level 4
| 240 000 € || 150 000 € || 120 000 € || 60 000 €
|-
! Level 5
| 150 000 € || 90 000 € || 75 000 € || 38 000 €
|-
! Level 6
| 90 000 € || 60 000 € || 45 000 € || 23 000 €
|-
! Level 7 and below
| 60 000 € || 45 000 € || 30 000 € || 15 000 €
|}

There is also a 10 000 € bonus paid for having the [[top scorer]] in a [[series]]. The money is paid out after the last match of the season. If two players tie for this award, both current owners of the players will receive the award; however, if two of your own players tie, then you only receive one prize.

The budget and all matters concerning economy can be found at - yes, you guessed it! - the "Economy" caption on "Your Club" menu.

=== Promotion bonus ===

The teams also agreed that a special bonus should be given to those who manage to promote their team to a higher level. If your team is automatically promoted from Level 6 or above, you get a higher bonus than teams that reach the higher division after playing a qualifying game. In league levels 7 and below, both the winners and runners-up of odd-numbered divisions gain automatic promotion without having to play a qualifying match. Even-numbered divisions after this level will have only the winners promote without qualification. The runners-up in these leagues will stay in their leagues. In divisions where two teams are promoted, the winner gets the higher bonus, while the runner up gets the lower bonus. When only one team is promoted, the winner gets the higher bonus, while the runner up doesn't get any bonus payment. If your team loses a qualifying game and stays in the lower division, no bonus at all is paid out. All promoted teams will also get a 10% supporter bonus (similarly, relegated teams will lose 10% of their supporters).

{|
|+Promotion bonus
|-
! !! Auto-Promoted !! Promoted after qualifier
|-
! Top level
| 525 000 € || ---
|-
! Level 2
| 380 000 € || 120 000 €
|-
! Level 3
| 260 000 € || 80 000 €
|-
! Level 4
| 170 000 € || 50 000 €
|-
! Level 5
| 100 000 € || 30 000 €
|-
! Level 6
| 60 000 € || 20 000 €
|-
! Level 7 and below
| 40 000 € || 10 000 €
|}

Here is an example of how the bonus system may look:

Club A wins its Division IV and is promoted without qualification to Division III. They will get 240 000 € in prize money for winning its Division IV and 170 000 € in bonus money for being promoted without qualification. Total: 410 000 €.

If you want to calculate € into your own native currency you can check the [[Currencies]] page.

== See also==

* [[Economist]]
* [[Wages]]
*[http://bobymoore.blogsome.com/category/tips/tips-economy Bobymoore's blog, a series of articles on managing your hattrick economy]

[[Category: Game Concepts]]

Accountant

2008-09-15T22:55:53Z

Ghopkins66: Economist now Accountant, rest of the page should be changed!

{{Interwiki/Economist}}

Economists, now known as Accountants as of 12/09/2008, are responsible for your bank account and can get you profits from assets and debts. The result of their work shows with the [[Updates#Weekly_Update|financial update]] in your country. You have to calculate the interest with two different formulas, depending on whether you have a negative or positive balance.

__TOC__

==Credit Interest (positive balance)==
For a positive balance, the interest rate is calculated like this (as of 22/07/2007):

interest rate = 0.0375% * SQRT([amount of economists])

hence

interest = 100 * FLOOR(0.000375 * SQRT([amount of economists]) * [money on account] / 100)


That gives the following interest rates for numbers of economists:
{| border="1" cellspacing="0" cellpadding="2" style="border-collapse:collapse;"
! economists
! interest rate in percent
|-
|0 || 0
|-
|1 || 0.0375
|-
|2 || 0.0525
|-
|3 || 0.065
|-
|4 || 0.075
|-
|5 || 0.08375
|-
|6 || 0.09125
|-
|7 || 0.09875
|-
|8 || 0.10625
|-
|9 || 0.1125
|-
|10 || 0.11875
|}

It is important to note that interest is always rounded (down) to the next full 100 value, hence the floor function and division and multiplication by 100 in the formula.

The maximum interest is 25,000 €

== Debit Interest (negative balance) ==
If you had -270.000 € on your bank account the previous week, you paid 3,33% = 9.000 € in interest expenses.

With 1 economist you can generate 20% = 1.800 € in interest income from this:

interest = [money on account in previous week] * 0,0333 * 0,2

or

interest = [money on account in previous week] * 0,00666

Bear in mind that if your bank account states -269.000 €, you will only get 1.700 € in interest income, because it will round down to the nearest hundred €! Economist expenses will then be higher than interest income, and it will not be profitable to hire any economists.

2 economists can save between; 28,28%–28,34% ≈ 28,3%, of the paid interest in the previous week:

interest = [money on account in previous week] * 0,0333 * 0,283

or

interest = [money on account in previous week] * 0,0094239

With the example over you will generate 2.100 € in interest income. Economist expenses will be 3.600 €, so it will not be profitable to hire more than one economist. Here too it will round down to the nearest hundred €uro.

* If you make it out of the negative balance with the next update, remember to fire the economist(s) '''after''' this update, as they have already given you a profit.

* Always remember that '''firing''' an economist will cost you 1.800 €.

==Interest Table==
The table below shows how many economists you should hire to optimize profit. Keep in mind the compensation you have to pay them when you fire them.

Hence, you make 100 € profit each week after costs for the economist, so in 18 weeks you have earned the compensation, in 19 weeks you make the first profit. In other words, economists are good if you save money longer term. Economists can be a waste of money if you maintain your balance only for a short time.

{| border="1" cellspacing="0" cellpadding="5" style="border-collapse:collapse;"
! Minimum balance
! Maximum balance
! Economists needed
! Minimum income
! Maximum income
|-
|0.0 M€ || 4.8 M€ || 0 || 0 € || 0 €
|-
|4.8 M€ || 11.6 M€ || 1 || 0 € || 2546 €
|-
|11.6 M€ || 15.1 M€ || 2 || 2546 € || 4409 €
|-
|15.1 M€ || 17.9 M€ || 3 || 4409 € || 6235 €
|-
|17.9 M€ || 20.3 M€ || 4 || 6235 € || 8050 €
|-
|20.3 M€ || 22.5 M€ || 5 || 8050 € || 9859 €
|-
|22.5 M€ || 24.4 M€ || 6 || 9859 € || 11665 €
|-
|24.4 M€ || 25.3 M€ || 7 || 11665 € || 12400 €
|-
|25.3 M€ || 27.7 M€ || 6 || 12400 € || 14200 €
|-
|27.7 M€ || 30.9 M€ || 5 || 14200 € || 16000 €
|-
|30.9 M€ || 35.7 M€ || 4 || 16000 € || 17800 €
|-
|35.7 M€ || 43.7 M€ || 3 || 17800 € || 19600 €
|-
|43.7 M€ || 61.9 M€ || 2 || 19600 € || 21400 €
|-
|61.9 M€ || 66.7 M€ || 1 || 21400 € || 23200 €
|}

[[Category:Specialists]]
[[Category: Economy]]