In FM 20, maintaining a positive balance can prove to be difficult. As the Manager of a football team, you have to make sure that the finances of the club are at the proper level, which will allow you to acquire new players and hire additional staff. If you manage not to overspend, the management will be favorable towards you. Unfortunately, if you spend too much money, expect criticism, and in extreme cases even being fired from your position. Below you'll find a few tips that will help you manage the club budget in Football Manager 2020.
Renew contract personally
Renewing contacts is a task that should be dealt with personally. When negotiating contracts, you have a chance to save a large amount of money. Leaving this matter in the hands of an assistant is not a good idea, as they are bad at negotiating favorable terms, and when it comes to players, they may receive more money than they should.
The best way to cut club costs is to lend "unneeded" players to other clubs. Thanks to this simple method, the team that received the player will be forced to pay the player's fee - the money saved can be spend on other purposes.
Players who are already at the end of their careers and are not fit to play at Your club can be a bargain for other teams. Place such players on sale and wait for the right offer.
Organizing sparring matches
Organizing sparring matches against better teams result in large payday for the match. This is especially important at a time when you are managing a club from the bottom of the table and every additional income will be very important to you.