Finance - am I off to a good start?
I have questions for experienced players after reading threads on finance. Many who go past levels 20 to 30 have a hard time managing squads due to player wages and lack of income. I want to find out if I am off to a good start with my team in terms of finance or... if anything needs to be changed.
I am at level 2. When signing up, I was fortunate enough to inherit a team that could win the league in the first season - and I did. That provided funds.
At the beginning of the the current season, I invested heavily in transfers to overhaul the squad, getting a mix of young players who are developing well, a strong young keeper, some established midfielders and a couple of veterans to plug holes.
I also invested in the stadium to maximize the number of seats, merchandising, training and medical facilities, as well as youth ranks for the long run. The point is generating as much cash as possible early and counting on the youth ranks to provide players, while minimizing transfers.
Cup and Champions League progress have made up for early spending and I hope to accumulate money from now on, to save for later.
Do I have the right approach? Should I change anything to it?