Managing the Finances - Bank

It is vital that you monitor the financial health of Duncastle on a regular basis, particularly when you are making significant decisions (e.g. stadium development, transfer signings).  If Duncastle goes bankrupt, the game ends and your period as Chairman will end in sudden failure. There are two ways to manage the finances:

(1) Monitor the bank balances and bank loans using reports from the Bank (enter the Boardroom and click on the pink Piggy Bank icon; and

(2) Review the various financial reports from the Duncastle Finance Director, available via your desktop screen in the Chairman’s Office.

Let’s look at the Bank Manager screen in a little more detail.

Banking

Clicking the Piggy Bank icon (Boardroom) will bring up the important Banking screen.

The current bank balance is shown in the top right hand corner.  A negative balance will mean that Duncastle is using its overdraft facility, and interest will be charged on this overdraft.  The current overdraft limit is shown.  You can apply for an increase in the bank overdraft.  Don’t forget that a high rate of interest is charged on cash obtained in this way.

As a new game of THS opens, you can see whether the business has any outstanding bank loans.  Duncastle can have up to three bank loans outstanding at anyone time.

You may choose to repay an existing bank loan early (in full) provided that the business has sufficient bank balances (including overdraft facility).

You also use this screen to apply for new bank loans, perhaps to finance some transfer signings or a stadium development. A new bank loan might also provide short-term relief for a cash flow crisis!
Bank loans are repaid in quarterly instalments, together with any related interest.  As a result, if the business is in debt to the bank, you should expect to see significant cash outgoings in Weeks 11, 22, 33 & 44 of each season.  Make sure that you take account of these to ensure that the bank overdraft facility is not exceeded.  You can see these loan repayments interest costs going through the bank statement.

If Duncastle has positive bank balances, then interest will be earned.  This is a cash flow into the business.

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