Soon-to-be Level 4

[Brian Dang]

From Top11 Wiki:

Negotiations

Negotiations allow managers level 4 or above to send offers for players that aren't put up for auction, but belong to other managers. You are able to find players using the same filters as auctions, but you will only see players of five star quality. By clicking on the player, you can see his statistics and make an offer by clicking on the "Make Offer" button. Doing this will prompt the user to give an offer using a slider. Unlike auctions, the manager needs to offer both cash and tokens. The entire amount of cash and part of the tokens go to the manager who owns the player (the amount of Tokens the seller will receive is displayed while making an offer).

When the offer is made, the tokens offered are deducted from the buyer's account automatically, while cash is subtracted only after the offer has been accepted. The seller has 24 hours to accept the offer. If the seller declines the offer, he can set a price he would accept and anyone can buy the player for that price. In case the buyer doesn't receive the player after a declined offer, the tokens are refunded to his account. Please note that changing your active offer incurs a 1Tokens cost, and tokens spent this way are not refunded.

For more detail...The Negotiations list is something like this: