The Wealth Empire Crossing the Hong Kong

Chapter 350 League System
On the third day after returning to Xiangjiang, Li Jianhui attended the ABA and PFLA joint meeting, which was also the first official meeting since the establishment of the two major leagues.

目前ABA在香江（2）、葡京（1）、台北（1）、台中（1）、高雄（1）、台南（1）、东京（2）、大阪（1）、名古屋（1）、汉城（2）、釜山（1）、仁川（1）、大邱（1）、吉隆坡（1）、槟城（1）、新山（1）、怡保（1）、曼谷（1）、清迈（1）、清莱（1）、新加坡（2）、雅加达（1）、万隆（1）、马尼拉（1）、宿务（1）、达沃（1）共26个城市共拥有30支球队。

PFLA is a replica of the ABA. It also has 26 teams in these 30 cities, but with different owners.

In meeting room 201 of Xinhui Hotel, Huo Zhengting, chairman of PFLA, and Chen Zhiyong, chairman of ABA, delivered speeches one after another.

As an advocate of the two major leagues and the honorary chairman of the two major leagues, Li Jianhui also made a speech.

"Gentlemen and ladies, thank you very much for your support of the Asian Basketball League and the Asian Football League.

Since the Industrial Revolution, not only has the economic center shifted from the East to the West, but the cultural center has also shifted from the East to the West.

Sports is also a kind of culture, and it is also a culture with strong output. When it comes to basketball leagues, we first think of the NBA in the United States. When it comes to football leagues, we think of Serie A, Bundesliga, and League One.

And these leagues also attract elites from all over the world, and fans from all over the world choose these leagues first to watch the game.

Today we establish the Asian Basketball League and the Asian Football League, the main purpose is to break this situation, to let the world know that the top sports leagues are not only found in Europe and the United States, but also in Asia.

In order to open up the two major leagues, Hongyu Clothing has become a sponsor of the ABA and PFLA for [-] million Hong Kong dollars respectively for three years.

I also hope that everyone can actively contact TV stations around the world and reach strategic cooperation with major TV stations to expand the influence of our two major leagues.

......"

At the meeting, the general managers of the major clubs also discussed the specific start time and competition system with the management of the two major leagues.

The ABA will hold the first draft of the ABA on July 7nd. Because the major clubs are new, there will be three rounds of the draft, and because the major clubs are not ranked, the 2 clubs will have the same probability. The lottery determines the draft position.

At the same time, the ABA is also divided into the North District and the South District. The North District consists of 5 teams from South Korea, 4 teams from Japan, 4 teams from Taiwan, [-] team from Lisboa, and the Xinjian Basketball Club from Xiangjiang belongs to the North District. , the chartered boat king's Kowloon Basketball Club was rowed to the southern district.

The ABA did not learn from the NBA and then set up small divisions. There is only the North District and the South District. There are two home and away games, and each team has a total of 14 games in the regular season.

The top eight in each district enter the playoffs. Whether it is the quarter-finals, semi-finals, finals, or finals, the competition system adopts a seven-game four-win system.

Since the Xinjian basketball stadium is still under construction, the Xinjian team will share the Xinyi Hall with the Kowloon team in the first season.

As the Xinyi Pavilion, which was put into use only last year, the conditions in all aspects are not bad. Although there are only 3500 auditorium seats, it is barely enough for the first season.

After all, whether it is the Xinjian Basketball Stadium with a seating capacity of 15000 in Sham Shui Po invested by the Xinjian Group, or the Kowloon Sports Center in East Kowloon with a seating capacity of [-], it will be completed in September next year.

As the proponent of the game, and the headquarters of the league is in Xiangjiang, the ABA draft is also fixed in Xiangjiang every year. This year and next, it will be in the Xinyi Pavilion, and from the next year, it will be fixed in the Xinjian Basketball Stadium.

Each team does not limit the number of players from South Korea, Japan, Formosa, Lisboa, Xiangjiang, and ASEAN.

Each team outside these areas is temporarily limited to two players. The fundamental purpose of this league is to improve the level of basketball competition in each area, not to spend money on foreign aid.

In the first few years of the league, players in their own locality must be protected to a certain extent. After the level of competition is gradually improved, the restrictions will be gradually lifted.

At the same time, the league has also set a salary cap for players, which is calculated in Hong Kong dollars. The current salary cap is 2000 million Hong Kong dollars. Those who exceed the salary cap will pay a 50% luxury tax to the league based on the excess.

For the sustainable development of the league and to subsidize the weak teams, the TV broadcasting fee will be uniformly collected and distributed by the league. The better the score, the higher the percentage of points.

Many of the opinions here are put forward by Li Jianhui referring to some practices of the NBA in his previous life, which can also make the league more competitive.

If there are no restrictions, a few big consortiums that are not short of money will directly spend money, and just these few teams will perform, so what is there to watch.

And in the future development, it is necessary to avoid crowding of stars as much as possible, and to promote the spirit of one person, one city, so that such games will be exciting.

Because Li Jianhui was a basketball fan in his previous life and not a football fan, Huo Zhengting and others were fully responsible for PFLA, and he did not interfere too much.

The E-Go Sports Center of the E-Go Group is also under rapid construction in Saigon. In the first season, it will share the Xiangjiang Stadium with the Zhenhua Football Team. It currently has 25000 spectator seats.

There are also many depressed people in this venue today, especially the visitors from Xingzhou.

They were very annoyed. If they proposed to form such a league in ASEAN one or two years in advance, then the headquarters would be in Xingzhou, instead of permanently settling in Xiangjiang as it is now.

In the past, they wanted to suppress this competitor, but they never thought that in just a few years, Xiangjiang Capital would not be weakened, but far surpassed them.

Moreover, the speed of transformation is quite fast. If the main economy of Hong Kong in the 80s was real estate, finance, shipping and OEM production, then at the beginning of the [-]s, the pillars of Hong Kong's economy have begun to change.

Although finance and real estate still occupy a dominant position, Heung Kong Electronics' semiconductor industry, retail industry, headquarters economy industry, and film and television media industry have surpassed the two pillar industries of shipping and OEM production.

Xiangjiang is building a high-tech research and development highland, a global financial center, a world consumer tourism city, an Asian aviation hub center, a global trade distribution center, a multinational enterprise Asian headquarters center, and an Asian film and television media center.

The impact of Xiangjiang's industrial hollowing on Xiangjiang will be reduced to the lowest point, and because Xiangjiang's headquarters adds research and development, production will be in the low-cost mainland, making Xiangjiang's products more competitive.

Now Xingzhou can't see any possibility of surpassing Xiangjiang economically. The only thing that can comfort them is that Xiangjiang still has a fatal crisis, which is also the best chance for Xingzhou to come back.

Not to mention becoming the center of Asia, at least it can take back the center of ASEAN and become the leader of ASEAN.

Sitting on the rostrum, Li Jianhui naturally didn't know the thoughts of the leaders of the Xingzhou Qiu, Huang, Guo and other big families.

After the meeting, Li Jianhui specially invited the people present to participate in the welcome party he specially held for everyone.

(End of this chapter)