GLOSSARY OF TERMS

AUCTION -     system used to buy players at the start of the season. Each player can only be owned by one manager and therefore managers compete in the auction to buy the players they want.
When bidding for a player each manager must bid only one amount for that player and must therefore use strategy to decide who to bid for and how much to bid.
There are two possible auction formats that you can choose:
1. 'Rush' auction - you may submit 'any value' bids for 11 players on the first day of the auction and then try to fill any any 'holes' left on your teamsheet (due to unsuccessful bids) in subsequent rounds.
2. 'Reducing bid' auction - the bid value starts at over £11m on Day 1 and reduces by set amounts each day. High value players are therefore bought first and teams are gradually filled over the course of the auction.

In both auction formats, if a manager is outbid for a player (with his single bid), he will have a space on his teamsheet which he must try to fill in the next round by bidding for one of the remaining players who has not yet been bought.

BANK ACCOUNT - fictional bank account used by your club during season to account for income (from gate receipts, post-auction cash transfer and sale of players) and expenses (players wages, stadium costs and purchase of players). Going overdrawn at Pay Day incurs penalty points to your team.

GATE RECEIPTS - Normal Gate receipts are received twice a year on payment dates and are determined by a club's position in the league.
The team at the top of the league receives £12m whilst the team at the bottom only receives £4M. Teams in between receive an amount based on a sliding scale of gradually increasing equal amounts from bottom to top based on the number of players in your league. E.g. A team exactly half way would receive £8M.
Additional Gate receipts are received if your club elected to improve its stadium or to build a 'super stadium' (as per Stadium Costs).  

MANAGERS - the people playing Advanced Fantasy Football, i.e. you and your friends. As opposed to 'players' - meaning the footballers who play in the premier league.  

PAYMENT DATES -    occur at regular intervals during the season.
Either twice or three times according to your league format.
The club pays its wages and stadium costs and receives its gate receipts on these dates.
If a club is overdrawn at the end of a payment day it is fined 30 points for every million pounds it is overdrawn.
A club may go overdrawn between payment dates with no penalty.

PLAYERS - the footballers playing in the premier league. As opposed to 'managers' - those people playing advanced fantasy football i.e. you and me.

POINTS SYSTEM or 'Credits'  - payout method of playing AFF to win 'credits' at the end of the season. A sliding scale is used which increases the 'credits' a manager wins with each place higher he finishes at the end of a season. This is an extremely effective way of stopping two managers colluding as strengthening one team merely weakens the other team by a similar amount - it also keeps everyone interested throughout the season, not just those near the top .
Click here to see example.

SPARE POOL - pool of players which no manager owns. Players may be taken from the spare pool for free or may drop a player out of his team into the pool for no sale value using the transfer system.    

 STADIUM COSTS - at the start of each season each club must decide on one of three stadium choices:
1. keep its existing basic stadium - no extra costs incurred
2. improve its existing stadium - which costs £8M (2 x £4m payable on payment dates).
3. build a 'super stadium' - which cost £16m (2 x £8m payable on payment dates).
Improving your stadium increases your gate receipts by 50% and building a 'super stadium' increases your gate receipts by 100%.
If you are mid table at payment date the additional stadium costs are equaled by the increased gate receipts. 
If you are above mid table gate receipts are boosted even further by a bigger stadium but if you are below mid table then the deficit of gate receipts over stadium cost becomes even worse and you may find you need to sell a player.
No stadium policy is 'statistically better' than the others, but a larger stadium involves more risk and will therefore depend on how confident you feel that you will be mid table or above at payment dates. Click here to see an example.

WAGES - Wages are paid to your team's players twice a season on the 'payment dates'. Wages are calculated for each team as:
Wages = 20% x [ (total amount spent buying players to date) - (total amount received selling players to date) ]
For example, if you spent £38M in the auction and then sold a player for £5M and bought another player for £2M, your wages bill at the next payment date would be: 
= 20% x [ (38+2) - (5) ] 
= 20% x [ 40 - 5 ]
= 20% x 35 
= £7m in wages.