When Sun Dahai was about to end the call with Zhou Haibing, he suddenly remembered something. "Hai Bing, what is the company's financial status now? If Britten needs to mobilize some funds for turnover, it will not affect the normal operations of other companies.
Next, how much can you take out?"
Zhou Haibing knew that the company Sun Dahai mentioned only meant the establishment of a future holding company, and did not include other companies.
"Currently, the company has a total reserve fund of US$500 million. This is the company's last resort in extreme circumstances. It is commonly known as life-saving money at the bottom of the box. It will never be used under normal circumstances.
In addition, in addition to the special funds that have been planned and will be gradually allocated to each company in the second half of the year, as well as necessary working capital, the company's accounts also have US$570 million in unplanned funds.
Jiahua, Youlian and Kasol Film Company have applied for a total of US$190 million in unplanned investment quotas, so there is US$380 million of funds available for your use.
I can transfer 100 million US dollars within a week, another 100 million US dollars within half a month, and the remaining funds can be allocated in about a month.
However, if Britten's need for funds is not so urgent, I suggest leaving 20 million to 50 million US dollars in the company's accounts in case of temporary funding needs.
Mazinhuo, who leads the studio, also called a few days ago to inquire about the company's funding situation.
They plan to merge two small studios to enrich their technical strength and patent licensing, and the total acquisition cost is about US$12 million to US$15 million."
"Is there still so much live money in the company's accounts?" Sun Dahai never thought that the funding gap he faced was actually not a problem at all. It was nothing more than a temporary turnover from setting up a future holding company.
This is because the land in Japan is in Sun Dahai's personal name. Sun Dahai does not want the company's financial statements to appear in the details of speculating about land in Japan, but it doesn't matter to him personally.
The investment package of Banat Football Club has not been included in the company's investment plan for the time being. Instead, it is funded by Sun Dahai personally and is affiliated to the company's name.
Otherwise, it would be a waste to simply transfer money from the company to make acquisitions and investments. It would not be as troublesome as it is now.
Sun Dahai sometimes used his personal name, and sometimes he used the name of the company. Watching the troubles come and go, it was actually a good thing for the company.
Sun Dahai does not want the company's main business to be too complex, which will definitely do more harm than good to the company's operation management and cost control.
At the same time, there are some projects that Sun Dahai wants to do but is destined to lose money or that are extremely risky. He usually invests in his own name and then puts them under the corresponding company, and then the company manages them on his behalf.
Sun Dahai doesn't care whether he loses money or not, as long as he can satisfy his own hobbies and feelings. But for the company and the specific managers, it will leave a failure case.
Therefore, Sun Dahai, who is rich and willful, can do whatever he wants, but he should try not to affect the company's operations and the performance of his employees.
Therefore, funds, rights and responsibilities were transferred back and forth between Sun Dahai and the company.
This is the case now. Sun Dahai is ready to return the funds to his account after the land in Japan is sold.
Or Sun Dahai can wait and see if there are any suitable projects for each of his companies from the mortgage assets provided by Leon Group.
If there is, it can be included in the company's investment plan for next year and the current funds can be directly offset, which also saves the trouble of transferring funds around.
Shortly after Sun Dahai made the call, the signing ceremony for the official transfer of Banat Football Club and Banat Playground began.
The two parties signing the contract were Baiya and Fan Zheng, who represented Erection Future Investment Company. The two signed their names on the transfer contract in the presence of the guests.
Immediately, Fan Zheng signed the first mission letter on behalf of the investors of New Banat Football Club, appointing Wei San as the first general manager of New Banat Football Club.
This is a reassurance for all those who are concerned about the future of Banat Football Club. As an assistant of Baia, Wei San has worked at Banat Football Club for three years and is recognized as the club’s second-in-command.
He is a Londoner himself, young and energetic, and also has sufficient professional knowledge.
Having him serve as the general manager of the club has, to a large extent, reduced the suspicion and resentment caused by the acquisition of Banat Football Club by a Hong Kong company.
At the signing site, there were only about twenty officials and reporters invited to attend the signing ceremony, including the officials' entourage and reporters' assistants.
It's really... so shameless!
Sun Dahai secretly rejoiced that it was not him who signed the contract in person, otherwise it would have been too embarrassing.
The whole ceremony lasted for half an hour, and before Sun Dahai could adjust his mentality, the ceremony was over.
As soon as the ceremony ended, the guests immediately dispersed. There was no such thing as the legendary signing reception, but I don't know if the club gave them red envelopes.
However, giving out red envelopes is a tradition for enterprises in China and Hong Kong. I don’t know if this is a particular practice here in Britten.
A few people among the guests stayed, and they were fan representatives of Banat Football Club.
Although Banat Football Club has received very little attention and the team's performance is mediocre, as a football club that has been established for a century, it has still cultivated some die-hard fans of its own through the accumulation of time.
Baia had health problems and was preparing to sell the club a few months ago. This is no longer news among Banat fans.
At that time, some fans proposed to transform the club into a joint-stock system, with Banat fans participating as shareholders and hiring professional managers to manage their clubs.
Just listen to such suggestions, don't take them seriously.
The Banat Fans Association has less than 3,000 members in total, mainly workers from dozens of large and small factories in Banat City. Most of them are inactive users and may not be able to go to the site to watch one or two games throughout the year.
A Banat match.
Most of them have limited income, and paying an annual membership fee of 3.5 pounds is already the greatest support for Banat Football Club.
Wei San has been Baia's assistant in the past few years, and the fans association has been under his effective management. The activists (die-hard fans) in the association have a good relationship with him.
Setting up the future acquisition of Banat Football Club can almost be regarded as a decision made by Sun Dahai with a slap on his forehead, without any rigorous investment analysis.
From his first meeting with Wei San, learning about the situation of Banat Football Club, and Baia's attitude of wanting to sell the club, to the official completion of the acquisition today, it took less than three weeks in total, which is really fast.