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Hitwicket Finance Management
by Abhishek Kaushal (The Northern Thunder) 89 months agoHi guys ....
An excellent post was posted by Sir AJRaptor a day before which had the compilation of all the valuable posts of Training , Finance , Line up setting etc . by the experienced managers . This would help a lot to the newbies and even the old managers. Still I am making this post about the finance management to explain this whole thing to the newbies as we can still observe many posts regarding finance management . The post of Sir AJRaptor also contained this part but I will be trying to discuss all the points regarding the finance management . Hope this will help you .
EXPENSES -
1.) Weekly Stadium maintenance cost -
The cost of this is Rs.20 per seat .
All teams start with a stadium capacity of 4000 which makes to a total of
120000 . As you upgrade your stadium , automatically your weekly stadium
maintenance cost will increase . If your team is performing well , you will get
good no. of fans every tuesday . Newbies mostly gets more fans whether they
perform good or well but only for a short time . As the amount of fans increase
, more tickets will be sold at your home match . Once your number of tickets
sold is around 5,700 , then only it is recommended that you upgrade your
stadium . Upgrade your stadium according to your team's performance . If you
think that your team is not performing upto the mark , upgrade your stadium by
200 or 300 seats only and not more , so that if the fans joining rate decreases (they won't leave from a newbie's team) , you don't
have to see your seats being empty . And if you think that your team is
performing very well and will get good no. of fans continously , upgrade your
stadium by 500 - 1000 seats , so that your stadium don't gets housefull .
2.) Weekly Scout Maintenance cost -
Every newbie have their scout in India . The cost of that is only 10000 . Once
you become an accomplished manager , you will be able to send your scout
abroad. It is recommended that you should never send your scout abroad . Even
if you are not getting good scouts in India , let your scout be in India only ,
because sending the scout abroad is a huge wastage of money . Rs. 300000 is
charged for it . And then also there is no guarantee that you will get a good
scout . There are more chances of getting a good scout in India rather than in
abroad . Still if you are rich , you can experiment this .
3.) Player Salaries for the week -
When a newbie
starts playing , he definately has a good player gifted by hitwicket . It can
be 1,2,3 or even more . I got a player with more than 13,000 SI and was of age
29 . I also got 2 players with SI around 5000 . Also when a team starts , it
gets a full package of waste players . I got 19 players in total when I started
. At that time I fired all my players which was of age more than 22 and with SI
less than 2000 . I fired 8 players and kept only 11 . I didn't knew that was I
doing right or wrong and after some weeks , I realized that I did exactly right
. For the few weeks , I kept only 11 players and the performance of all my
players was very much good . I had only 12 players when I got promoted to
Division 6 . Having a squad depth is good , but for newbies it is never
required . There is not much competition in lower divisions , so having only
11,12 or 13 players is fine . Since it is a finance management post , I am not
explaining it in brief . You can go to numerous posts posted by highly
experienced managers in the category of FAQ , Training , Tips and Newbie to
get information about how to set a good team .
4.) Seats construction at your Stadium -
It
is already explained in the Weekly Stadium Maintenance cost paragraph . Refer
to point number 1 . The cost of construction is Rs.1400 per seat . Tip - Time
your stadium upgrade such that you don't have to pay the Weekly Stadium
Maintenance Cost and the seats are used in the match also . For eg. You pay
your stadium maintenance cost on Friday and the matches are on Sunday . As the
time taken for construction is 8 days , upgrade your stadium on Friday . So
that after 8 days that is Saturday . The construction is completed and the
seats are used in your home match and you don't have to pay the maintenance
cost too .
5.) Youth signing fee -
You all know that
''recruiting youth scouts is one of the simplest ways of ensuring the
development of the team'' , a line from Game
Manual . The cost of
signing a youth player in lower divisions that is 7 and 6 ,is low than the cost
in the higher divisions . It is upon to your luck that you get good scouts or
not . If you get a poor scout ( SI low than 1000 and age more than 19 ) , you
can simply reject him after receiving the MRP . And if you get an average or a good scout , you can sign him at a low price and can then sell him to make a profit or you can also take him in your team if he satisfy your needs . Plzz don't sell your youth scout whom you want for need of money . Money will come anytime but a great scout won't come again and again .
6.) Purchase of a new player -
Now we can't advice you that which player you should buy and which not . It's upon to your needs that how much and what type of players you want . It is just a suggestion that newbies should not buy much players . I mean not more than 3 or 4 . We know that everyone does not get a good team when he starts . But still try to balance and play with that team only which was gifted to you by hitwicket . That team must have contained some good players and bad too . Fire all those bad ones and start playing with the old team only till you have spend some weeks in hitwicket as said earlier . If you have spend some weeks in Hitwicket . Till then you will become a little experienced manager and you will be able to plan that which kind of player you should buy and which not . Remember that '' IF YOU BUY THINGS YOU DON'T NEED , ONE DAY WILL COME WHEN YOU HAVE TO SELL THINGS THAT YOU NEED '' , and it can be seen oftenly in Hitwicket .
SOME OTHER SMALL MEANS OF EXPENSES ( they don't need any explanation ) -
* Transfer Listing Cost - Rs. 5000
* League Switch - Rs. 50000 ( One tip - It is recommended that you should switch your league on the last day i.e. Thursday . If you want to switch in a league full of competition , then you can switch anytime . But if you want to switch where mostly teams are BOT , then you should wait for Thursday . So that those BOT teams doesn't gets filled with user teams and you don't have to switch again which costs. )
* Renaming your stadium - Rs. 20000
SOURCES OF INCOME -
* Ticket Sales -
Rs. 200 per person ( This is the main source of income . Match attendance depends upon the size of fan club of both teams. )
* Winning the league match -
This feature will be implemented from Season 10 onwards. You will get the amount of 100k ( 100,000 ) everytime when you will win your league match. But only league match - not others like challenge matches, practice matches etc.
* Sale of your player -
Depends upon how the player is . ( Don't sell your main players because of the team's financial conditions . For a while , also think of the future . It may harm or it would definately harm your team later on. )
* Sponsor Income -
Depends on your division .
- Division 1 - Rs. 700,000
- Division 2 - Rs. 550,000
- Division 3 - Rs. 400,000
- Division 4 - Rs. 300,000
- Division 5 - Rs. 250,000
- Division 6 - Rs. 200,000
- Division 7 - Rs. 200,000
* Prize Money for winning the League -
Depends on your division .
- Division 1 - Rs. 2,000,000
- Division 2 - Rs. 1,500,000
- Division 3 - Rs. 1,200,000
- Division 4 - Rs. 1,000,000
- Division 5 - Rs. 800,000
- Division 6 - Rs. 600,000
- Division 7 - Rs. 600,000
* Prize Money for Individual achievements ( highest wicket taker , highest run scorer etc. ) - Rs. 50000
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THIS IS MY FIRST POST FOR NEWBIES , SO AM A LITTLE NERVOUS WHAT MAY BE THE OUTCOMES . HOPE IT WAS FUN READING THIS POST . I TRIED MY BEST TO MAKE THIS POST VALUABLE FOR NEWBIES . IT WOULD BE MY PLEASURE IF IT HELPED YOU .
THANKS FOR READING .......
Revisions:
Thank you for the information