User Pass
Home Sign Up Contact Log In
Forum > Europe East A Leagues > Europe East A #6 > PTT Dark Knights will they go bankrupt and lose their team?
Page:
 
blackball
offline
Link
 
I don't think they will even thou they only have 200k.

This might be the most interesting story line all season!

What are your guys thoughts? I wonder if they have many tickets left to sell or will have to take a loan to pay salaries.

If you are on PTT do you worry about your owner sending you a paycheck that won't cash?

Interested in hearing other thoughts/conjecture from around the league!
 
slicker
offline
Link
 
Well thats a tough one... my guess is they will make it (barely)

Here is some math i did

PTT have - $190,075.40
Total home games left - 7 (playoffs also brings in some big bucks)
Seat cost - $84 for normal and $190 club (Too high i feel)
Total yearly salary by roster - $3,099,000
Daily salary - $77,475

They need to make $387,375 per home game to pay their yearly salaries

So without selling any tickets they could last almost 3 days... But this upcomming game is a home game giving them enough cash flow to make it every other week. It will be very tight, but they will pull thru this and make it the whole season... but they must have atleast 1 playoff game at home to be completly safe.
Last edited Aug 6, 2008 14:40:13
 
slicker
offline
Link
 
How much does your teams make on a game anyways? I never been in charge of a stadium or been a team owner... but it would be interesting to know. Also i forgot to add in if they already have sold out games or not? I guess we need the PTT owner to come in and gives us a heads up that they are safe and sticking around.
 
blackball
offline
Link
 
Yeah i agree, they need to open up the books so the public can see.

Is there any truth to the rumor they are asking their players to take paycuts?
 
Htowntexan13
offline
Link
 
Don't worry about our money, our players are the ones you should be focused on. We got enough money that our owner already gave bonus for Lv16 equipment. I doubt you know what's that like since only 1 of your players have reached that level..... by using all his boosts!
 
blackball
offline
Link
 
lol

We arent worried about your money or players. We are just speculating.........I mean i gotta give ya credit, you were the only team Bort had to bail out by having negative money on day 1.

Just giving ya some tough love!

Seriously, I am interested to see how you guys do. You have a good team and might come out smelling like roses. I think you know doing what ya did thou, that you are gonna take some ribbing all season! Your team is one of the few that could justify taking a loan to pay its salaries (especially with a deep playoff run with many home games).
 
slicker
offline
Link
 
Cash:$114,159.40... PTT has now hit a record low for cash. Also their next home game is on the 12th. With a daily salary of $77,475, will this team make it??? Maybe a loan is needed, who knows except for the PTT GM's and owner... could we ask you guys what your plans are?
 
blackball
offline
Link
 
Wow this is crazy. Good observation slicker and good job with outing Edwards on his love child. Your inside investigations are insightful.
 
Bahnzo
offline
Link
 
Originally posted by slicker
Cash:$114,159.40... PTT has now hit a record low for cash.... could we ask you guys what your plans are?


I'm guessing the players and owners will soon be manning the "glory holes" at the local "men's club" for donations......

 
blackball
offline
Link
 
Cash:$1,536,993.40

They took a loan. Wonder how many tickets they have left to sell? This is a crazy situation and something we are going to be speculating on all season.
 
mpapara
offline
Link
 
Originally posted by blackball
Cash:$1,536,993.40

They took a loan. Wonder how many tickets they have left to sell? This is a crazy situation and something we are going to be speculating on all season.


so how many days do they have to pay the loan back
 
blackball
offline
Link
 
10 days to pay it back in full, or make their first of 4 loan payments. I don't remember how much the first payment will run, but i think they are going to make it to the playoffs. They obviously don't have the money to pay the loan back in full, so their loan is going to run them 40 days from now. This could bite them in the butt if they go 1 and done in the playoffs. They would get the loan paid off, but really be hurting for money. Alot depends too on how many tickets they have left to sell. Concessions alone will raise them a pretty penny. This is an interesting situation thou.

Taking the loan was a smart move. If they had failed to pay the salaries tonight, then they would have had a morale hit. Not sure how much their player morale would have gone down, but it wouldn't help them when it came to winning games.
 
brewmeone
offline
Link
 
Looks like someone is trying to fund their team on credit cards and semen donations...

Time to bust out the ramen noodles...
 
blackball
offline
Link
 
good game today brewmeone. was closer than the score reflected. I think we just wore ya down with depth.
 
RayMartin43
offline
Link
 
HAHA we had to take a loan in the beginning too. Had to pay the 10 Cornerbacks, and 8 Linebackers lol!
 
Page:
 


You are not logged in. Please log in if you want to post a reply.