Rebirth 1980: Marrying my sister’s best friend at the beginning

In the top hotel in Sheffield city, Li Yi, who had just taken a shower, was lying on the bed thinking about something.

This afternoon, he chatted face-to-face with the miners for more than four hours. Through the perspectives of these miners, he learned a lot about things that he had not grasped before.

That's right, Li Yi did not negotiate with these workers today. Instead, on the pretext of understanding the situation, he invited these workers to an idle production workshop and chatted with them for a whole afternoon.

According to these miners, Sheffield Steel's production capacity had been very high three years ago, and its smelting technology and market share were also good.

The British Isles is also an industrial country with a large consumption of steel. Normally, even if the price of steel drops a little, it will not make this Britain's number one steel factory with a history of hundreds of years unable to recover. .

The reason for the current situation is directly related to the intervention of the Sassoon family.

The family had been steadily chipping away at Sheffield's shares for more than 30 years, but it was not until four years ago that they took control of the company.

At this point, the company's output has been artificially reduced.

The Sassoon family is mainly in the financial industry. They intend to let Sheffield Steel Company reduce production, then create a market shortage, and use Sheffield Company to frantically cut leeks in the futures market.

So the result was that Sheffield Steel was basically ruined. A large number of skilled workers left, the blast furnaces stopped operating, and the equipment in the mines was seriously damaged. Some management took advantage of the leaderless company to resell a large amount of the company's equipment.
All in all, the situation at Sheffield Company was far more serious than he had previously expected.

Li Yi originally thought that as long as these workers were appeased and the management team was replenished, the company would be able to operate.

Now that I think about it, I thought it was too simple.
Originally, he thought that this trip to London would be enough for two or three months, but now it seems that it is not enough.

Li Yi couldn't help but think of Sandy, and didn't know what that guy was thinking about now.

Today, he also learned about the former general manager of the company from the miners. Surprisingly, most of the workers had a pretty good opinion of him as the general manager.

Almost all workers felt that Sandy had ideas and abilities, but he could not defeat the crocodiles of the Sassoon family.

It can be seen from this that the guy's prestige among the workers would be much easier if he came forward.
"Deng deng deng!!!"

However, while Li Yi was deep in thought, there was a sudden knock on the door.

Li Yi immediately came to the door and asked in a deep voice: "Who is it?"

"Brother Yi, it's me!"

Hearing Zhang Ziqiang's voice, Li Yi opened the door immediately!

After seeing Li Yi, Zhang Ziqiang immediately said: "Brother Yi, Sandy is here. He is downstairs and said he wants to see you!"

Li Yi was stunned for a moment, then said with a smile: "Invite him in!"

"Yes!"

Soon, Zhang Ziqiang brought Sandy to Li Yi's room.

At this time, Li Yi had already changed into his daily casual clothes. At this time, he still looked smart and capable, but Sandy, who was tired of the world, looked a little embarrassed!

Before Sandy could speak, Li Yi said with a smile: "The fact that Mr. Sandy is able to catch up here means that you have already thought about your choice. Happy cooperation!"

Seeing Li Yi's extended hand, Sandy immediately reached out and shook it with him, and at the same time said: "Happy cooperation!"

Now that the two parties have determined to cooperate with each other, Li Yi said straight to the point: "Sandy, if you are asked to take over the company immediately, how long will it take to resume production?"

"Over there with the miners"

Before he could finish speaking, Li Yi said in a deep voice: "I talked with the miners for a long time today, and I have a certain understanding of their situation. They don't have many demands. In summary, they need to increase their wages and Reduce working hours, and then be respected!" "I personally feel that these demands are not excessive. I am going to take the time to formally talk to them. As long as the salary increase does not exceed 50%, I think I will agree to their conditions! "

Sandy nodded and said: "If this is the case, I am confident that production will resume within a month!"

Perhaps because he was worried that Li Yi did not understand the situation in the steel industry, Sandy further explained: "The biggest fear in blast furnace steelmaking is flameout. Once production is stopped, the equipment is likely to be scrapped."

Li Yi immediately explained: "You don't need to explain this to me. I am no stranger to steelmaking, so I will give you a month!"

"Okay, I want to know your positioning of Sheffield Steel Company. Are you going to be a steel company, or..."

Before he could finish speaking, Li Yi said again: "Of course it's a steel company. As for finance, we will do it in the future, but we can't take risks, otherwise we will be kicked out like the Sassoon family!"

Upon hearing this, Sandy's eyes suddenly lit up and he immediately said: "I know what to do!"

"Sandy, I know you are a capable person, so from now on you will not only be the general manager of Sheffield Company, but also the chairman of the company's board of directors. Within the company, except for me, everything will be mobilized by you!" Li Yi said.

Of course Sandy understood that what Li Yi meant was that he would have unimaginable power in the company and be able to use his talents to his fullest.

"Boss, thank you for your trust. I will use practical actions to prove that your choice is right!"

Li Yi nodded and then asked: "Sandy, what are you going to do?"

Sandy thought for a while and said: "The company's biggest crises right now are three. The first is the workers' strike. The second is that the company has no money in its accounts. The third is that the government is strictly investigating us. Many people are being harassed by them." Holding on to it has caused panic within the company.”

"We have no solution for the government at the moment. This one can be put aside, but the remaining two can be combined. In my opinion, these two problems are all about money, so the first thing we have to do is make money."

Li Yi said with interest: "How to make money?"

"Three methods: The fastest way is to resume the company's trading in the futures market, use the current steel in the boss's hands as delivery products, and sell short-term short orders!"

Then Sandy continued: "The second method is to release the news after we complete the negotiations with the workers, and take the opportunity to push up the stock price, so that we can cash out some of the shares!"

"The third method is to borrow money from the bank, but this cycle may be longer!"

Li Yi nodded and said: "There is no need to cash out the shares. You can sell the 2000 million tons of steel in our hands, but the money recovered cannot belong to the company, but I can allow you to mortgage it with the bank. loan!"

"How much can I borrow?"

"How much do you think the company needs?" Li Yi said.

"If it is just to maintain production until production is resumed, it will cost about 2000 million pounds. If we want to restore the company to its peak production status, it will require at least about [-] million pounds!" Sandy said.

"Then I allow you to borrow 30 billion pounds from the bank with 20% of the company's shares, of which 1 million will be allocated to the company's daily operations, and the remaining 19 billion will be put into a designated account for backup!" Li Yi said.

"Boss, you"

Sandy was also shocked by Li Yi's move. He really couldn't understand why Li Yi wanted to borrow so much money all at once.

Even though the current bank loan interest rates are not high, any low interest rate multiplied by the huge number of 20 billion is an astronomical figure.

According to Sandy's estimation, if the 20 billion is loaned for one year, the cost of using the funds will be at least [-] million pounds.

For a moment, Sandy looked at Li Yi with a hesitant expression.
(End of this chapter)