by ianp1970 » Mon Mar 24, 2014 11:24 pm
Auction
Okay. This is how the auction is going to work:
£1,500,000 to spend in an auction that will have a maximum of 4 rounds. The minimum differential level between bids will be £10,000: i.e. you could bid £10,000, £50,000 or £250,000 for a player, but not £25,000 or £30,001.
Round 1
The highest bidder for a player in round 1 is guaranteed the final bid. They cannot be outbidded without having a chance to counter. This will give a big advantage to people bidding high in round 1 for the top players. It gives them control.
Round 2
In this round people have the chance to outbid the leading bidder. If nobody outbids the leading bidder, that player is won.
Players can also bid for anyone who wasn't bidded for in round 1. If they are the only one, they will win that player. (it would be logical for people to only bid list price for the players who didn't receive a bid in round 1.)
Round 3
In this round the leading bidder from Round 1 can respond to the Round 2 bids by bidding £10,000 more than the highest Round 2 bid, if they choose to, and will automatically win the player.
Any player who didn't receive a bid in round 1, but multiple managers bidded for in round 2, can be bidded on again by anyone who bidded in round 2. The highest bidder will win that player.
Anyone who hadn't been bidded on at this point will go to the highest bidder after this round.
Round 4
This round will just be for anyone who hasn't spent all their money, to pick up any players that are still available. This round will be a blind auction, with the team bidding the most for each player being allocated them.
Sports broadcasting media nut miscast as a hard-working family man. Or should that be the other way around?
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