Financial director - Revision history

Para Para at 09:58, 24 May 2021

2021-05-24T09:58:17Z

Para Para at 09:38, 24 May 2021

2021-05-24T09:38:56Z

← Older revision		Revision as of 09:38, 24 May 2021
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	{{Interwiki/Economist}}		{{Interwiki/Economist}}
	[[image:accountants.png\|thumb]]		[[image:accountants.png\|thumb]]
	The '''~~Financial Director~~''' (known before as "Economist" and as "Accountant") is a [[staff\|specialist]] that is especially useful for clubs that have a strong financial position.		The '''financial director''' (known before as "Economist" and as "Accountant") is a [[staff\|specialist]] that is especially useful for clubs that have a strong financial position.

	He increases the amount of funds a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.		He increases the amount of funds a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.

	== Board ==		== Board ==
	~~Normally, the Board~~ sets a limit to how much money is at the managers direct disposal for ~~things~~ such as salaries, player transfer fees, or arena projects. ~~The rest of the cash~~ will be ~~held~~ by the Board ~~and~~ will ~~only be released by~~ the ~~Board when~~ the ~~Board deems it necessary~~.		Every club board sets a limit to how much money is at the managers direct disposal for expenses such as [[wage\|salaries]], player [[transfers\|transfer fees]], or [[arena]] projects. Any assets beyond this working capital will be reserved by the Board to ensure the future stability of the club. If needed, the Board will release money from the reserves into the working capital, but only at a measured rate.

	~~Reserves were created~~ to ~~act as~~ a ~~buffer~~, ~~making sure rich teams~~ would ~~not be able to spend all their cash in one go, dramatically boosting their competitive edge in~~ the ~~middle of a league season, for example~~.		Normally, the Board limits the money available in cash to '''15 000 [[currencies\|US$]]'''. Hiring a Financial Director increases the Club’s economic flexibility.
			When you run up debts amounting to '''- 200 000 US$''', your board will prohibit you from purchasing other players, replacing your [[coach]] and doing anything that would take the debt beyond that threshold.

	~~However~~, ~~after~~ Board reserves ~~creation~~, ~~users started~~ to risk their money on speculative player purchases to “store” money there rather than as asked by Board. ~~That means the board system~~ is ~~really effective, but too much restrictive as shown by~~ the [[Future Coach#Hoarding of Future Coaches\|future ~~coach hike~~]].		Curiously, each Board act appears to be aimed at sabotaging or seriously slowing down the team development. Reserves were created to act as a buffer and the cash held by the Board will only be released when the Board deems it necessary. In the same way, money loans are limited to prevent too much indebtedness to the [[Hattrick Central Bank]].

			The board reserves system, with all its limitations, ensures that rich teams would not be able to spend all their cash in one go, for example dramatically boosting their competitive edge in the middle of a league season.
			It is really effective, but too much restrictive. Very competitive managers can still risk their money on speculative player purchases to “store” money there rather than as asked by Board. An example is the skyrocketed price of [[Future Coach#Hoarding of Future Coaches\|future coaches]].

	=== Effects ===		=== Effects ===
	~~Hiring~~ a Financial Director ~~increases~~ the ~~Club’s economic flexibility~~.		The financial director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to.
			Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title. However, both the ceiling of 25 million and the possibility of returning a maximum of 8 million per season, accessible only on condition that you spend money during that season, are considered too limiting by some managers.<br>

	~~The Financial Director will grant~~ the ~~manager the possibility to invest saved~~ funds ~~into the squad more aggressively than the Board would otherwise have agreed~~ to. ~~Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for~~ the ~~Cup or league title~~.		{\| style="border:1px dashed gray" width=100%
			\|+ '''In a nutshell'''
			\| width=50% \|
			This specialist can be hired to:
			* Raise the limit of available cash funds.
			* Prevent some cash from flowing to Reserves.
			* Increase the release speed of money in Reserves.

	{\| style="~~border~~: ~~dashed 1px #A7D7F9~~;"		As side effects:
	\|- style="background-color:#b0c4de~~;text-align:center~~"		* A manager will have to pay money to get money back.
	! width=~~25%~~\| Skill Level \|\| width=25%\| ##Max Funds \|\| width=25%\| ##Return / Week \|\| width=25%\| Cost/week		\| width=50% \|
			{\| class=wikitable style="text-align:center; font-size:92%;"
			\|+ <!--Bonus and the side effects -->In US$ or €
			\|- style="background-color:#b0c4de"
			\| colspan=2 width=125px \| '''Skill Level''' \|\| width=25%\| '''Max Funds''' \|\| width=25%\| '''Return / Week''' \|\| width=25%\| '''Cost/week'''
	\|-		\|-
			! align=left \| 0
	\| bgcolor=#EEE align=left \| '''-'''		\| bgcolor=#EEE align=left \| '''-'''
	\| 15 000 000 € \|\| 50 000 € \|\| 0 €		\| 15 000 000 \|\| 50 000 \|\| 0
	\|-		\|-
			! align=left \| 1
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]
	\| 17 000 000 € \|\| 100 000 € \|\| 1 020 - 2 115 €		\| 17 000 000 \|\| 100 000 \|\| 1 020 - 2 115
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]		! align=left \| 2
	\| 19 000 000 € \|\| 200 000 € \|\| 2 040 - 4 230 €		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]
			\| 19 000 000 \|\| 200 000 \|\| 2 040 - 4 230
			\|-
			! align=left \| 3
			\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
			\| 21 000 000 \|\| 300 000 \|\| 4 080 - 8 460
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		! align=left \| 4
	\| 21 000 000 € \|\| ~~300~~ 000 € \|\| ~~4 080~~ - ~~8 460 €~~		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
			\| 23 000 000 \|\| 400 000 \|\| 8 160 - 16 920
	\|-		\|-
	~~\| bgcolor=#EEE~~ align=left \| ~~[[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]~~		! align=left \| 5
	~~\| 23 000 000 € \|\| 400 000 € \|\| 8 160 - 16 920 €~~		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\|-		\| 25 000 000 \|\| 500 000 \|\| 16 320 - 33 840
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\|}
	\| 25 000 000 € \|\| 500 000 € \|\| 16 320 - 33 840 €
	\|}		\|}

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	<blockquote>Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 21 million € and the weekly release rate to 300 000 €. The Club can now spend an extra 300 000 € per week without lowering cash reserves, or increase cash reserves up to 21 million € without any further Board intervention.</blockquote>		<blockquote>Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 21 million € and the weekly release rate to 300 000 €. The Club can now spend an extra 300 000 € per week without lowering cash reserves, or increase cash reserves up to 21 million € without any further Board intervention.</blockquote>

	==~~Historical Development~~==		==History==
	===Accountants===		===Accountants===
	Old '''Accountants''', known as Economists before 12/09/2008, were removed for the game in [[Faster training next season\|Global season 43]]. They were responsible for your bank account and could get you profits from assets and debts. The result of their work showed with the [[Updates#Weekly_Update\|financial update]] in your country. You had to calculate the interest with two different formulas, depending on whether you have a negative or positive balance.		Old '''Accountants''', known as Economists before 12/09/2008, were removed for the game in [[Faster training next season\|Global season 43]]. They were responsible for your bank account and could get you profits from assets and debts. The result of their work showed with the [[Updates#Weekly_Update\|financial update]] in your country. You had to calculate the interest with two different formulas, depending on whether you have a negative or positive balance.

Para Para at 20:38, 3 May 2021

2021-05-03T20:38:23Z

← Older revision		Revision as of 20:38, 3 May 2021
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	He increases the amount of funds a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.		He increases the amount of funds a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.

	== ~~Effects~~ ==		== Board ==
	~~Hiring a Financial Director increases the Club’s economic flexibility.~~ Normally, the Board sets a limit to how much money is at the managers direct disposal for things such as salaries, player transfer fees, or arena projects. The rest of the cash will be held by the Board and will only be released by the Board when the Board deems it necessary.		Normally, the Board sets a limit to how much money is at the managers direct disposal for things such as salaries, player transfer fees, or arena projects. The rest of the cash will be held by the Board and will only be released by the Board when the Board deems it necessary.

			Reserves were created to act as a buffer, making sure rich teams would not be able to spend all their cash in one go, dramatically boosting their competitive edge in the middle of a league season, for example.

			However, after Board reserves creation, users started to risk their money on speculative player purchases to “store” money there rather than as asked by Board. That means the board system is really effective, but too much restrictive as shown by the [[Future Coach#Hoarding of Future Coaches\|future coach hike]].

			=== Effects ===
			Hiring a Financial Director increases the Club’s economic flexibility.

	The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.		The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.

Para Para: Para Para moved page Financial Director to Financial director

2021-04-28T09:12:06Z

Para Para moved page Financial Director to Financial director

← Older revision	Revision as of 09:12, 28 April 2021
(No difference)

Para Para at 19:10, 20 November 2020

2020-11-20T19:10:17Z

← Older revision		Revision as of 19:10, 20 November 2020
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	{{Interwiki/Economist}}		{{Interwiki/Economist}}
	[[image:accountants.png\|thumb]] The '''Financial Director''' (known before as Economist and as Accountant) is a [[staff\|specialist]] that ~~increases the amount of funds~~ a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.		[[image:accountants.png\|thumb]]
			The '''Financial Director''' (known before as "Economist" and as "Accountant") is a [[staff\|specialist]] that is especially useful for clubs that have a strong financial position.

	Hiring a Financial Director increases the Club’s economic flexibility ~~and is especially useful for clubs that have a strong financial position~~. Normally, the Board sets a limit to how much money is at the managers direct disposal for things such as salaries, player transfer fees, or arena projects. The rest of the cash will be held by the Board and will only be released by the Board when the Board deems it necessary.		He increases the amount of funds a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.

			== Effects ==
			Hiring a Financial Director increases the Club’s economic flexibility. Normally, the Board sets a limit to how much money is at the managers direct disposal for things such as salaries, player transfer fees, or arena projects. The rest of the cash will be held by the Board and will only be released by the Board when the Board deems it necessary.

	The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.		The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.

Laurens deneve at 15:21, 29 November 2019

2019-11-29T15:21:09Z

← Older revision		Revision as of 15:21, 29 November 2019
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	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]
	\| 17 000 000 € \|\| 100 000 € \|\| 1 ~~500~~ €		\| 17 000 000 € \|\| 100 000 € \|\| 1 020 - 2 115 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 19 000 000 € \|\| 200 000 € \|\| ~~3 000~~ €		\| 19 000 000 € \|\| 200 000 € \|\| 2 040 - 4 230 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 21 000 000 € \|\| 300 000 € \|\| ~~6 000~~ €		\| 21 000 000 € \|\| 300 000 € \|\| 4 080 - 8 460 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 23 000 000 € \|\| 400 000 € \|\| ~~12 000~~ €		\| 23 000 000 € \|\| 400 000 € \|\| 8 160 - 16 920 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 25 000 000 € \|\| 500 000 € \|\| ~~24 000~~ €		\| 25 000 000 € \|\| 500 000 € \|\| 16 320 - 33 840 €
	\|}		\|}

	<blockquote>Example: Team Tycoon has accumulated 30 million [[€]] in funds. Without a Financial Director, the Board will only the allow the manager access to 10 million € at a time. If the manger spends 2 millions, and the new cash balance is 8 million €, the Board will again make investment funds available to the manager, but only at the slow rate of 10 000 € a week.</blockquote>		<blockquote>Example: Team Tycoon has accumulated 30 million [[€]] in funds. Without a Financial Director, the Board will only the allow the manager access to 15 million € at a time. If the manger spends 2 millions, and the new cash balance is 13 million €, the Board will again make investment funds available to the manager, but only at the slow rate of 50 000 € a week.</blockquote>

	<blockquote>Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 16 million € and the weekly release rate to ~~100~~ 000 €. The Club can now spend an extra ~~100~~ 000 € per week without lowering cash reserves, or increase cash reserves up to 16 million € without any further Board intervention.</blockquote>		<blockquote>Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 21 million € and the weekly release rate to 300 000 €. The Club can now spend an extra 300 000 € per week without lowering cash reserves, or increase cash reserves up to 21 million € without any further Board intervention.</blockquote>

	==Historical Development==		==Historical Development==

37.117.186.87: make-up changes

2019-10-29T00:23:01Z

make-up changes

← Older revision		Revision as of 00:23, 29 October 2019
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	The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.		The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.

	{\| ~~class~~=~~wikitable~~ style="text-align:center"		{\| style="border: dashed 1px #A7D7F9;"
	~~\|- bgcolor=lightgrey~~		\|- style="background-color:#b0c4de;text-align:center"
	! width=25%\| Skill Level \|\| width=25%\| ##Max Funds \|\| width=25%\| ##Return / Week \|\| width=25%\| Cost/week		! width=25%\| Skill Level \|\| width=25%\| ##Max Funds \|\| width=25%\| ##Return / Week \|\| width=25%\| Cost/week
	\|-		\|-
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	\|}		\|}

	Example: Team Tycoon has accumulated 30 million [[€]] in funds. Without a Financial Director, the Board will only the allow the manager access to 10 million € at a time. If the manger spends 2 millions, and the new cash balance is 8 million €, the Board will again make investment funds available to the manager, but only at the slow rate of 10 000 € a week.		<blockquote>Example: Team Tycoon has accumulated 30 million [[€]] in funds. Without a Financial Director, the Board will only the allow the manager access to 10 million € at a time. If the manger spends 2 millions, and the new cash balance is 8 million €, the Board will again make investment funds available to the manager, but only at the slow rate of 10 000 € a week.</blockquote>

	Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 16 million € and the weekly release rate to 100 000 €. The Club can now spend an extra 100 000 € per week without lowering cash reserves, or increase cash reserves up to 16 million € without any further Board intervention.		<blockquote>Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 16 million € and the weekly release rate to 100 000 €. The Club can now spend an extra 100 000 € per week without lowering cash reserves, or increase cash reserves up to 16 million € without any further Board intervention.</blockquote>

	==Historical Development==		==Historical Development==
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	Accountants had double function:		Accountants had double function:
	* '''Debit Interest''': If you had negative balance the previous week.		* '''Debit Interest''': If you had negative balance the previous week.
			:<code style="font-size:initial;color:#277f31">Interest for 1 accountant = 0,00666 * [ money on account in previous week ] </code><small> = [money on account in previous week] * 0,0333 * 0,2</small>

	<~~span style="color:#3A5FCD">Interest for 1 accountant= [money on account in previous week] * 0,00666</span> (<small~~>~~[money on account in previous week] * 0,0333 * 0,2</small>)~~		<blockquote>Example: With -270.000 € on your bank account, you paid 3,33% = 9.000 € in interest expenses and you will generate 2.100 € in interest income. Accountant expenses will be 3.600 €, so it will not be profitable to hire more than one accountant. Here too it will round down to the nearest hundred €. </blockquote>

	:Example: With -270.000 € on your bank account, you paid 3,33% = 9.000 € in interest expenses and you will generate 2.100 € in interest income. Accountant expenses will be 3.600 €, so it will not be profitable to hire more than one accountant. Here too it will round down to the nearest hundred €.
	: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 €. Accountant expenses will then be higher than interest income, and it will not be profitable to hire any accountants!		: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 €. Accountant expenses will then be higher than interest income, and it will not be profitable to hire any accountants!

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

	: Interest rate = 0.0375% * SQRT([amount of accountants]) (<small>100 * FLOOR(0.000375 * SQRT([amount of accountants]) * [money on account] / 100)</small>)		:<code style="font-size:initial;color:#277f31">Interest rate = 0.0375% * SQRT ( [ amount of accountants ] ) </code><small> = 100 * FLOOR(0.000375 * SQRT([amount of accountants]) * [money on account] / 100)</small>)

	:Unfortunately the math package was not installed properly. Once this works, these formulas should be used:		:Unfortunately the math package was not installed properly. Once this works, these formulas should be used:

	<~~span~~ style="color:#~~3A5FCD~~">~~interest~~ rate = 0.0375% * \sqrt{[amount of accountants]}</~~span~~> (<small>~~interest~~ = 0.0375% * \sqrt{[amount of accountants]} * [money on account]</small>)		:<code style="font-size:initial;color:#277f31">Interest rate = 0.0375% * \sqrt { [ amount of accountants ] } </code><small> = 0.0375% * \ sqrt { [ amount of accountants ] } * [ money on account ]</small>

	:That gives the following interest rates for numbers of economists:		:That gives the following interest rates for numbers of economists:
	:{\| ~~width~~=~~33% border~~=~~0 cellspacing=0 cellpadding=0~~
	\|- ~~bbgcolor~~=lightgrey		:{\| class=wikitable style="text-align:center"
			\|- bgcolor=lightgrey
	\| '''# Accountants''' \|\| '''% interest rate'''		\| '''# Accountants''' \|\| '''% interest rate'''
	\|-		\|-

Lucaxvi: values updated

2015-08-16T13:40:18Z

values updated

← Older revision		Revision as of 13:40, 16 August 2015
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	\|-		\|-
	\| bgcolor=#EEE align=left \| '''-'''		\| bgcolor=#EEE align=left \| '''-'''
	\| 20 000 000 € \|\| 50 000 € \|\| 0 €		\| 15 000 000 € \|\| 50 000 € \|\| 0 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]
	\| 22 000 000 € \|\| 100 000 € \|\| 1 500 €		\| 17 000 000 € \|\| 100 000 € \|\| 1 500 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 24 000 000 € \|\| 200 000 € \|\| 3 000 €		\| 19 000 000 € \|\| 200 000 € \|\| 3 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 26 000 000 € \|\| 300 000 € \|\| 6 000 €		\| 21 000 000 € \|\| 300 000 € \|\| 6 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 28 000 000 € \|\| 400 000 € \|\| 12 000 €		\| 23 000 000 € \|\| 400 000 € \|\| 12 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 30 000 000 € \|\| 500 000 € \|\| 24 000 €		\| 25 000 000 € \|\| 500 000 € \|\| 24 000 €
	\|}		\|}

Para Para at 09:43, 29 April 2014

2014-04-29T09:43:16Z

← Older revision		Revision as of 09:43, 29 April 2014
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	\|-		\|-
	\| bgcolor=#EEE align=left \| '''-'''		\| bgcolor=#EEE align=left \| '''-'''
	\| 10 000 000 € \|\| 10 000 € \|\| 0 €		\| 20 000 000 € \|\| 50 000 € \|\| 0 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]
	\| 12 000 000 € \|\| 50 000 € \|\| 1 500 €		\| 22 000 000 € \|\| 100 000 € \|\| 1 500 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 14 000 000 € \|\| ~~100~~ 000 € \|\| 3 000 €		\| 24 000 000 € \|\| 200 000 € \|\| 3 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 16 000 000 € \|\| ~~150~~ 000 € \|\| 6 000 €		\| 26 000 000 € \|\| 300 000 € \|\| 6 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 18 000 000 € \|\| ~~200~~ 000 € \|\| 12 000 €		\| 28 000 000 € \|\| 400 000 € \|\| 12 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 20 000 000 € \|\| ~~250~~ 000 € \|\| 24 000 €		\| 30 000 000 € \|\| 500 000 € \|\| 24 000 €
	\|}		\|}

Para Para at 15:58, 27 March 2014

2014-03-27T15:58:52Z

← Older revision		Revision as of 15:58, 27 March 2014
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	{{Interwiki/Economist}}		{{Interwiki/Economist}}
	~~<!--~~[[image:accountants.png\|thumb]] The '''Financial Director''' (known before as Economist and as Accountant) is a [[staff\|specialist]] that increases the amount of funds a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.		[[image:accountants.png\|thumb]] The '''Financial Director''' (known before as Economist and as Accountant) is a [[staff\|specialist]] that increases the amount of funds a [[club]] can keep in cash, before the Board intervenes. It also increases the speed with which the Board will release money to the manager when cash runs below the cash reserve limit established by the Board.

	Hiring a Financial Director increases the Club’s economic flexibility and is especially useful for clubs that have a strong financial position. Normally, the Board sets a limit to how much money is at the managers direct disposal for things such as salaries, player transfer fees, or arena projects. The rest of the cash will be held by the Board and will only be released by the Board when the Board deems it necessary.		Hiring a Financial Director increases the Club’s economic flexibility and is especially useful for clubs that have a strong financial position. Normally, the Board sets a limit to how much money is at the managers direct disposal for things such as salaries, player transfer fees, or arena projects. The rest of the cash will be held by the Board and will only be released by the Board when the Board deems it necessary.
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	The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.		The Financial Director will grant the manager the possibility to invest saved funds into the squad more aggressively than the Board would otherwise have agreed to. Having a Financial Director on the team may be necessary for teams that save up for a few seasons to make an expensive run for the Cup or league title.

	{\| class=wikitable ~~width=40%~~ style="text-align:center"		{\| class=wikitable style="text-align:center"
	\|- bgcolor=lightgrey		\|- bgcolor=lightgrey
	!Skill Level \|\| ##Max Funds \|\| ##Return / Week \|\| Cost/week		! width=25%\| Skill Level \|\| width=25%\| ##Max Funds \|\| width=25%\| ##Return / Week \|\| width=25%\| Cost/week
	\|-		\|-
	! align=left \| 0		\| bgcolor=#EEE align=left \| '''-'''
	~~\|No bonus \|\| 40% \|\| 0 €~~
	\|-
	~~! align=left \| 0~~
	\| 10 000 000 € \|\| 10 000 € \|\| 0 €		\| 10 000 000 € \|\| 10 000 € \|\| 0 €
	\|-		\|-
	! align=left \| 1		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]
	\| 12 000 000 € \|\| 50 000 € \|\| 1 500 €		\| 12 000 000 € \|\| 50 000 € \|\| 1 500 €
	\|-		\|-
	! align=left \| 2		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 14 000 000 € \|\| 100 000 € \|\| 3 000 €		\| 14 000 000 € \|\| 100 000 € \|\| 3 000 €
	\|-		\|-
	! align=left \| 3		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 16 000 000 € \|\| 150 000 € \|\| 6 000 €		\| 16 000 000 € \|\| 150 000 € \|\| 6 000 €
	\|-		\|-
	! align=left \| 4		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 18 000 000 € \|\| 200 000 € \|\| 12 000 €		\| 18 000 000 € \|\| 200 000 € \|\| 12 000 €
	\|-		\|-
	! align=left \| 5		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 20 000 000 € \|\| 250 000 € \|\| 24 000 €		\| 20 000 000 € \|\| 250 000 € \|\| 24 000 €
	\|}		\|}
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	Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 16 million € and the weekly release rate to 100 000 €. The Club can now spend an extra 100 000 € per week without lowering cash reserves, or increase cash reserves up to 16 million € without any further Board intervention.		Now Team Tycoon hires a Level 3 Financial Director. The Board now being more confident that cash is handled responsibly, will increase the max cash limit to 16 million € and the weekly release rate to 100 000 €. The Club can now spend an extra 100 000 € per week without lowering cash reserves, or increase cash reserves up to 16 million € without any further Board intervention.

	==Accountants==		==Historical Development==
	Old ~~-->~~'''Accountants''', known as Economists before 12/09/2008, were removed for the game in [[Faster training next season\|Global season 43]]. They were responsible for your bank account and could get you profits from assets and debts. The result of their work showed with the [[Updates#Weekly_Update\|financial update]] in your country. You had to calculate the interest with two different formulas, depending on whether you have a negative or positive balance.		===Accountants===
			Old '''Accountants''', known as Economists before 12/09/2008, were removed for the game in [[Faster training next season\|Global season 43]]. They were responsible for your bank account and could get you profits from assets and debts. The result of their work showed with the [[Updates#Weekly_Update\|financial update]] in your country. You had to calculate the interest with two different formulas, depending on whether you have a negative or positive balance.

	====How did they work====		====How did they work====

← Older revision		Revision as of 13:40, 16 August 2015
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	\|-		\|-
	\| bgcolor=#EEE align=left \| '''-'''		\| bgcolor=#EEE align=left \| '''-'''
	\| 20 000 000 € \|\| 50 000 € \|\| 0 €		\| 15 000 000 € \|\| 50 000 € \|\| 0 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]
	\| 22 000 000 € \|\| 100 000 € \|\| 1 500 €		\| 17 000 000 € \|\| 100 000 € \|\| 1 500 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 24 000 000 € \|\| 200 000 € \|\| 3 000 €		\| 19 000 000 € \|\| 200 000 € \|\| 3 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 26 000 000 € \|\| 300 000 € \|\| 6 000 €		\| 21 000 000 € \|\| 300 000 € \|\| 6 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 28 000 000 € \|\| 400 000 € \|\| 12 000 €		\| 23 000 000 € \|\| 400 000 € \|\| 12 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 30 000 000 € \|\| 500 000 € \|\| 24 000 €		\| 25 000 000 € \|\| 500 000 € \|\| 24 000 €
	\|}		\|}

← Older revision		Revision as of 09:43, 29 April 2014
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	\|-		\|-
	\| bgcolor=#EEE align=left \| '''-'''		\| bgcolor=#EEE align=left \| '''-'''
	\| 10 000 000 € \|\| 10 000 € \|\| 0 €		\| 20 000 000 € \|\| 50 000 € \|\| 0 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]]
	\| 12 000 000 € \|\| 50 000 € \|\| 1 500 €		\| 22 000 000 € \|\| 100 000 € \|\| 1 500 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 14 000 000 € \|\| ~~100~~ 000 € \|\| 3 000 €		\| 24 000 000 € \|\| 200 000 € \|\| 3 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 16 000 000 € \|\| ~~150~~ 000 € \|\| 6 000 €		\| 26 000 000 € \|\| 300 000 € \|\| 6 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 18 000 000 € \|\| ~~200~~ 000 € \|\| 12 000 €		\| 28 000 000 € \|\| 400 000 € \|\| 12 000 €
	\|-		\|-
	\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]		\| bgcolor=#EEE align=left \| [[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]][[image:accountants.png\|22px]]
	\| 20 000 000 € \|\| ~~250~~ 000 € \|\| 24 000 €		\| 30 000 000 € \|\| 500 000 € \|\| 24 000 €
	\|}		\|}