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Chapter 289 Olympic Journey (12)(2/2)

But they have been invincible for almost four years, and all of Europe is tired of it.

If they are allowed to continue to be invincible, it will be no different from a monopoly. UEFA actually hopes that Wu Jie will leave Bayern as soon as possible!

Now Wu Jie is not going to a wealthy club, but to a team that does not qualify for the Champions League. UEFA will definitely turn a blind eye and even find ways to give the green light to facilitate this matter.

The one currently involved in the scandal with Wu Jie is Chelsea. This London team is in a trough period. Five years ago, it even had to sell its Stamford Bridge stadium due to debts and rent Fulham's home stadium instead. It even used it to raise funds.

Funding charities are losing money.

This kind of poor team cannot be sold at all. Whoever buys it will have to bear the team's debt of millions of pounds, and there will be a headache mess.

To be honest, Bayern fans don't really believe that Wu Jie will join such a team, not to mention that Chelsea has been relegated a long time ago and only returned to League One last season. They don't know if they can successfully avoid relegation in the new season.

Wu Jie has also been involved in scandals with Barcelona in the past few years, but it is obvious that the "alien" does not even look down on such a top team with stupid people and rich money. Would he go to such a bad team?

At this moment, Chelsea's new boss Bates is also full of questions. They can't even compete for outstanding players in the UK. Any new star with some talent is unwilling to come to play with them. Will Wu Jie take a serious look at them?

He thought well, Wu Jie would not even look at Chelsea.

In fact, if you check the major shareholders of these newspapers and magazines, you will know what is going on. Many of them are news media controlled by the Hawke family.

Three months ago, the Hawke family became the majority shareholder of Arsenal.

Isabella's surname is Hawke, and her family competed with candy merchant David Dunn for control of Arsenal six months ago.

Now it seems that the Horton family, which has better foundation and stronger financial resources, has won.

At this time, Arsenal's largest shareholder was the Hawke family, who held 90.21% of the team's shares.

David Dunn holds about 5% of the shares, and the rest is held by fan groups and retail fans.

Isabella is ready to completely privatize Arsenal, but David Dunn does not want to sell his shares, and Arsenal's fan groups and retail investors are not willing to give in.

Recently, several Arsenal fan organizations have called on all fans attending games in the new season to wear black shirts and wave black flags in the stands, because this represents everything that is happening in the club today.

What makes Isabella most angry is that some fan organizations also call for a refusal to buy season tickets and club products, or even refuse to use any club sponsor's products, and to explain to the other party why they are doing this.

Wu Jie feels that these people actually don’t know why they are objecting. There is no Google to ask them to check what the “EU” is after Brexit. Most people don’t know whether the teams they support are being privatized.

What are the pros and cons, but no matter what, just oppose it.

However, no matter how happy these fools dance, Isabella will complete her acquisition, and the Horton family's process of privatizing Arsenal cannot be resisted.

Because according to British takeover laws, if the acquiring party wants to forcibly acquire all the company's shares, it must acquire 90% of all scattered shares on the day the acquisition plan is announced.

The Hawke family now holds more than 90% of Arsenal's shares, so any action by anyone to reject her offer or file a legal challenge is actually just a symbolic resistance.

Moreover, on the other hand, even if the club's "minority shareholders" survive, they will not have any practical benefits, because from a legal perspective, their only rights now are the "right to know" about the club's finances and the annual shareholder status

The “right to attend” the General Assembly.

The Hawke family has previously stated that it will no longer pay dividends to small shareholders, and the remaining scattered shares have become a pile of waste paper. Regardless of whether Arsenal is profitable in the future, these small shareholders and retail investors will not receive any benefits.

This tough approach is probably what makes some small shareholders and retail investors dissatisfied, because Isabella does not negotiate with them at all.

Wu Jie thought it was easiest to acquire Chelsea two years ago. At that time, Chelsea's asking price was only one pound, even though they would have to take over millions of pounds of debt after the acquisition.

But now it took Isabella more than half a year and more than six million pounds to buy 90% of the team's shares, and she also had to accept more than one million pounds of debt. It still seemed too time-consuming, laborious, and expensive.

Got some!

But Isabella knew that this business was a sure profit, and she hadn't released the news yet about Wu Jie's upcoming arrival. Otherwise, the subsequent sponsorship and broadcast fees would be at least several times higher, and the sales of various peripheral products would also be higher.

It is bound to skyrocket countless times.

Those fans who will be clamoring to refuse to buy season tickets will probably shout "It smells so good" by then, and then queue up to buy season tickets all night long.

In fact, there are several first-division teams in London, and the difficulty of acquiring them is much lower than Arsenal.

But the good thing about Arsenal is that most of their sponsorship contracts are about to expire. In addition, there are many teams, and they are located in a wealthy area. The fans have stronger spending power. No matter how you calculate it, buying Arsenal is more cost-effective.

.

The price of six million pounds + one million pounds may seem like a loss now, but it will be recovered with interest within a few years.

At this moment, Isabella was even thinking about taking out a loan to build a new stadium, because even in the era when standing tickets were available, "Highbury Stadium" could accommodate more than 40,000 people.

The current Arsenal is not even considered a top team, at best it is a pseudo-strong team in English League One, with a capacity of more than 40,000 people.

But if aliens come, considering that Bayern's home stadium that can accommodate 100,000 people is full every game, every game in this small stadium in Highbury will be equivalent to double the revenue, or even more.

Wu Jie doesn't care about this kind of thing, because he won't stay at Arsenal for more than five years, and most likely he won't be able to experience the new stadium.

It is also impossible for him to spend four or five years slowly bringing up a team like he did with the Chinese team.

Therefore, he needs to ask Isabella to help him buy some helpers. These transfers must be completed before the news of his transfer is exposed, otherwise the other party is likely not to sell, and even if they sell, the price will be high.
Chapter completed!
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