typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 962 The wily Samuel

James from the market development department is very efficient and has basically completed the team's sponsorship issues for the new season.

The main sponsor is of course our own Skoll Bank. The sponsorship fee provided by Skoll Bank this year is 500,000 pounds + league ranking bonus + other competition ranking bonuses.

There are a lot of uncertain bonuses. Based on last season's results, Skoll Bank will have to pay about 750,000 pounds.

But this season, after a large number of signings, the overall strength of the first team has been greatly improved. If the team is effectively run-in and equipped with reasonable tactics, it is fully capable of upgrading.

According to the team's final ranking, if the Banat team really becomes the dark horse of the season and is promoted to the second division, then the sponsorship fee paid by Skoll Bank will rise to more than one million pounds.

However, for Skoll Bank, which is not short of money, the better the performance of the Banat team, the better the effect of their sponsorship. They hope that the Banat team can be directly promoted to the First Division, even if it means that every year

It is worth paying 5 million pounds or more in sponsorship fees.

However, according to the competition system, there is almost no possibility that the Banat team will skip a promotion, and Sun Dahai has no memory of this in his mind.

Therefore, the Banat team can only move up one level at a time, and even if Skoll Bank wants to spend more money, it can only increase season by season.

In addition to the sponsorship from Skoll Bank, James has also secured many other sponsorships. The sponsor of the jersey and shoes is the famous Britten sports brand Umbro introduced by the Harris family.

However, given that the Banat team was not well-known and did not have any big-name stars, and the level of the competition it participated in was too low, Umbro finally only gave 250,000 pounds of physical sponsorship, which made Sun Dahai feel frustrated.

gas.

In view of the long-term business relationship between the Future Department and Volvo, James attracted 300,000 pounds of sponsorship from Volvo, which was actually more than the team's major sponsorship items such as jerseys and shoes.

Of this amount, 150,000 pounds was in cash, and the remaining 150,000 pounds were in kind, including a team bus and two business reception cars.

Through various sponsorships and venue advertising, James brought in more than two million pounds for the club in a short period of time (including physical goods, excluding ranking bonuses). The American's work was so effective that he was publicly praised by Sun Dahai.

Before the start of the league, Sun Dahai finally waited for a call from Leon Group. It seemed that this huge battle for the equity of Bank of Gaul was about to end.

At this time, David had returned to Xiangjiang. He had chosen the replacement assets provided by Leon Group and also participated in the investment of Banat Football Club.

Sun Dahai left him 10% of the shares, worth just over 30 million US dollars. David's current liquidity is a little tight. Sun Dahai is not far behind him, so he can just pay it off within the year.

Because the Banat Municipal Government has agreed in principle to exchange land for shares to support the construction plan of the Banat Football Club’s new stadium.

In this way, the original construction cost of 100 million pounds for the new stadium will not be used so much, and the land purchase cost of 20 to 30 million pounds can be saved.

Therefore, Sun Dahai's total investment in Banat Football Club has dropped to 200 million pounds, and David can spend less money accordingly when buying shares in Banat Football Club.

In addition to selling David 10% of the shares, Sun Dahai also followed the usual practice of granting 5% of the dry shares to the club management. In addition, he sold 5% of the shares to Wei San.

Wei San himself didn't have much money, so Old William paid for him out of his own pocket.

Anyway, old William only has a grandson like Wei San. It is better to buy him shares in the club now rather than having to pay inheritance tax in the future. (Old William said)

Doesn't it mean that Europeans and Americans are financially independent, and their elders generally do not give money to their descendants while they are still alive? Could it be that old William stayed in Xiangjiang for too long and was infected by the Chinese tradition? Sun Dahai was puzzled.

Sun Dahai took Gao Yi to the London branch of Bank of Gaul at the agreed time. Richard and people from the securities department of Leon Group were waiting for them, preparing to negotiate matters related to share redemption.

Richard was assigned by Chairman Samuel to be solely responsible for resisting the hostile takeover of Bank of Gallia. The hostile takeover of Bank of Gallia by Red Mining Group lasted for more than half a year, and Richard spent a lot of time thinking about it.

Didn't get a good rest.

At this moment, Richard and the others have seen the dawn of victory. The opponent has obviously lost their stamina at this time and can no longer organize a decent offensive.

Samuel has issued instructions to Richard to prepare for a final blow and execute the white knight buy-back clause.

To be honest, Richard was a little confused. At this time, the stock price of Bank of Gaul was artificially high. The previous actions of both parties competing for chips forced the stock price to over 12 US dollars.

To be honest, based on Richard's understanding of the Bank of Gaul, the normal range is for the stock price to be between US$5 and US$8. If it breaks through this range, Richard will speculate and take reverse operations to make a small profit.

A handful.

However, at the current price ($12.5/share), Samuel actually ordered him to prepare to implement the white knight repurchase clause. Even according to the agreement, they only paid 80% of the stock price, which is $10 per share, but it is still far higher.

at the normal stock price ceiling.

To repurchase the shares held by the two white knights, Leon Group would have to pay US$1.3 billion. Richard calculated in his mind that at least US$300 million of this amount was additional expenditure due to unreasonable stock prices.

Rather than doing this, it would be better not to implement the repurchase and wait for the other party to collapse naturally. Richard and the others knew in their hearts that the cost of financing from Wall Street for the Red Mining Group was quite high.

With this question in mind, Richard asked Samuel privately and found out why he did this.

It turns out that Samuel knows that executing the acquisition now adds additional costs, but the biggest benefit of doing so is to firmly control the initiative in his own hands.

After Leon Group has completed the execution of the repurchase agreement, it can officially announce that the other party's hostile takeover has completely failed.

Leon Group can take a big bite out of the other party's funds invested in the stock market by no longer maintaining the stock price at a high level.

And they can also take advantage of this time difference to seize the high-quality projects that are mortgaged by their opponents at low prices. The two parties have been merging for more than half a year, and no one knows how many projects the other side has mortgaged!

Richard admired Samuel very much. He was worthy of being the chairman of the board, and he was really wily and resourceful.

He not only wants to thwart the opponent's hostile takeover, but also prepares to pursue the victory, first recover the losses, and then turn bad things into good things, taking the opportunity to seek to achieve leapfrog development of Leon Group.

This chapter has been completed!
Previous Bookshelf directory Bookmark Next