Update: As of 12th September 2008 "Economists" have been renamed "Accountants". They still function as described below, only their name is different.
The simple answer for 99 out of 100 Hattrick teams will be none - Economists are only useful in very specific financial circumstances.
Economists effect interest payments when in debt and interest receipts when in the black. However as with spokespersons the most important factor is not maximising income, it is maximising profit. For this reason you don't need to hire even one economist until you are either €270,000 in debt or have at least €4,800,000 in the bank.
More detailed information is of course available on the Hattrick Wiki, but as you can see very few Hattrick clubs should even think about hiring economists.
Related Articles: How Many Spokespersons Should I Hire?
Tags: Hattrick
Showing posts with label Finances. Show all posts
Showing posts with label Finances. Show all posts
Thursday, 14 August 2008
Friday, 8 August 2008
How Many Spokespersons Should I Hire?

Spokespersons are very simple: the more of them you hire the more income you will receive from your sponsors each week. Fairly straightforward, but as ever you shouldn't be worried about maximising sponsorship income - you should be more concerned with maximising sponsorship profit.
To maximise profit there is an optimum number of spokespersons for each combination of fanclub size and league level. If you have fewer than the optimum then you aren't maximising income. If you have more, then you arent maximising profit.
The easiest way to calculate your optimum number of spokespersons is by using this free online tool from HattriX-Ray.
Tags: Hattrick
Monday, 28 July 2008
Top 10 Ways To Waste Your Money

1. Expand your stadium to 100,000 seats in an effort to attract more supporters.
2. Buy an amazing player for pennies before realising his wages are €500,000 per week.
3. Hire an Inadequate skill / Inadequate leadership coach.
4. Invest in the YA or YS and not use them (better still run both systems and ignore them!)
5. List your whole squad of Weak and Inadequate players for transfer (then list them again and again when none of them sell).
6. Hire 10 of every staff type (because obviously 10 is better than 1, right?).
7. Try to make your millions day trading without knowing what each player is worth.
8. Hire a bazillion doctors to get your 34 year old Passable striker fit for the weekend.
9. Celebrate getting a bargain after buying a fantastic player at a ridiculously low price while his old team is playing a match (only to discover his +6 injury when the final whistle sounds).
Oh, and of course the old chestnut:
10. Get into an irrational bid war and pay twice the players true value.
If you can think of better ways to waste your money then please leave a comment to let me know. :)
Tags: Hattrick
Categories
Finances,
Newbie Tips
Monday, 21 July 2008
Friendlies For Profit
You certainly won't make your millions by playing friendlies but for new teams every penny is worth saving/earning.
As a new manager you only need to remember 3 things when choosing your opponent:
1. Try to play against high division teams who have been playing Hattrick for a long time and who have been winning games recently (these teams will bring the most fans to your game).
2. Play foreign teams at home (to avoid paying air fares).
3. Play teams form your country away (they will have a bigger arena than you and will have VIP seats).
It can be worth the effort to spend a little time challenging teams that meet these criteria, sometimes you will have to challenge a lot of teams before you get that nice juicy pay day.
Good luck!
Tags: Hattrick
As a new manager you only need to remember 3 things when choosing your opponent:
1. Try to play against high division teams who have been playing Hattrick for a long time and who have been winning games recently (these teams will bring the most fans to your game).
2. Play foreign teams at home (to avoid paying air fares).
3. Play teams form your country away (they will have a bigger arena than you and will have VIP seats).
It can be worth the effort to spend a little time challenging teams that meet these criteria, sometimes you will have to challenge a lot of teams before you get that nice juicy pay day.
Good luck!
Tags: Hattrick
Categories
Finances,
Newbie Tips
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