Winning the new financial era

Chapter 523
Italy.

Milan.

In a high-end hotel, a middle-aged man with an unshaven beard and bloodshot eyes was lying on the sofa, looking at the ceiling, a pile of cigarette butts and empty wine bottles on the coffee table.

He is the "Brother Li" in the mouth of AC Milan fans, the "mysterious Chinese rich man" in the mouth of Milan citizens, and the actual controller of Jie'ande, the controlling shareholder of the listed company Zhuhai Zhongfu. The accomplice in the fund-raising case is wanted.

He took more than 4000 million yuan from his father and brother in prison, and went overseas. After ten years of disappearance, he returned to China and haunted the domestic capital market.

Who knows, the stock market crashed again in those two years and was deeply locked up.

In order to make up for the loss, he came up with the idea of ​​buying a football club after being introduced.

Coinciding with those two years, Chinese-funded consortiums acquired sports assets around the world.

In addition to controlling Inter Milan, holding shares in Manchester City, Atletico Madrid and other top football clubs in the world, some sports events have also been scrambled by investors, and sponsorship fees and copyright fees have soared.

Government departments have also issued relevant documents, requiring the development of the sports industry to be accelerated.

It seems that the trend has come, and Li Yonghong also organized a consortium to go to Europe to show his skills.

But unfortunately, he started a little late and encountered the state's capital outflow control.

The funds could not leave the country. In order to prevent the deposit he had already paid from being wasted, he looked around for money.

Introduced by a friend, he found Zhang Yida, and Zhang Yida introduced Temasek to him.

After weighing the loan contracts provided by Elliott and Temasek, he chose to borrow the usury loan provided by the latter.

Without him, the interest rate is low, and the compensation for being out is also higher.

It's not that he didn't think about whether he would not be able to repay the loan later.

But according to his speculation, this possibility should not be great.As for football, as long as you are willing to spend money, you will not be able to achieve results.

In the 17-18 season after he entered AC Milan, he spent a total of 2.28 million euros in signings and built a new lineup for the team.

Even the fans in the stands held up the slogan "We are not short of money". They also loved the chairman of the Chinese club very much and affectionately called him "Brother Li".

Everything is so beautiful!

He was thinking, after the team enters the Champions League and their finances improve, they will bring the relevant sports industry back to China, and even go to the big A-shares to play some concepts and make a good circle.

Or sell the club and make a small profit is also a good choice.

However, the dream was shattered.

AC Milan has a poor record, and the lineup he spent a lot of money on has become a joke. He only won No.6 in Serie A and lost the qualification to participate in the Champions League.

After losing the Champions League bonus and broadcasting rights, AC Milan will lose a lot of income, and the huge sum of money he borrowed from Temasek has no source of repayment.

Moreover, the team's total debt has also surged to 1.28 million euros, and he is in urgent need of continued blood transfusion.

In addition, because of his generous spending, he also violated the Financial Fair Play Act.

Last month, UEFA announced that because AC Milan violated the Financial Fair Play Act, the team was banned from participating in UEFA competitions for the next two seasons.

This is not the scariest thing, the scariest thing is that his loan from Temasek is overdue.

According to the contract, he needs to pay the interest on the loan every six months. The latest interest of 3000 million euros should have been paid last month, but he really can't afford it.

While pleading with Temasek, he raised money everywhere.

But the wall was overwhelmed by everyone, and none of the wine and meat friends who used to be with him in the big A stock market were willing to lend him money.

In fact, he couldn't blame his friend for not being loyal. It was because he knew him well that he was unwilling to lend him money.

In China, there are still a group of bosses whom he borrowed hundreds of millions of dollars by using his controlling stake in listed companies as bait.

He didn't return the money, even if they were going to sue him to court, he ignored it.

In the past, when he thought about it, as long as the assets of the AC Milan club were revitalized, a little borrowing would not be a problem at all.

"Maybe we can only find Zhang Yida!"

With the idea of ​​treating a dead horse as a living horse doctor, Li Yonghong called Zhang Yida.

"Hey, Mr. Zhang!"

Li Yonghong's trademark laughter came over the phone, and Zhang Yida thought to himself, he is indeed an expert in fraud, with first-class acting skills.

Li Yonghong's overdue loan was notified by Li Hengbo of Temasek last month.

However, Zhang Yida did not rush to close the net. According to the contract, Li Yonghong had one month to make amends.

Whether it is borrowing funds or finding new investors, the related problems can be solved.

"Mr. Li, hello!"

Zhang Yida had almost guessed the intention of the other party's visit, but he remained calm.

"That's right, I have a problem with my funds recently, and I want to sell AC Milan to you...

The price is negotiable. At that time, I spent 7.4 million euros, of which 5.2 million euros were acquisition funds, and the other 2.2 million euros were debt assumptions.

Now the club's debt is 1.28 million euros. I am willing to transfer the team to you at a price of 5.2 million euros. The cheapest price of nearly 1 million euros is considered a discount.

How is Mr. Zhang?I know that you also want to buy a team. The Rossoneri has a history of hundreds of years, so it is actually a very good choice.

I am also poor in financial resources, so I have come to this day.

And you are different, with strong financial resources, you can definitely bring AC Milan up.

Only when the performance of the club improves, the valuation will definitely rise..."

Li Yonghong basically did not hide anything, including financial data, and the team's poor performance was truthfully explained.

Because he also knew that there was no way to hide this from Zhang Yida, and the other party would definitely do his due diligence.

Moreover, he also suspected that Zhang Yida and Temasek might have something to do with each other.

Perhaps Zhang Yida provided part of the 3 million euros he lent to himself.

But he is not sure whether Zhang Yida is involved in it, if not, let the other party buy AC Milan, so that he can keep some equity, or get some money to withdraw.

It is better than being confiscated by Temasek directly on the grounds of "loan default", because in this way, he will not get any benefits.

It cannot be said that there is no point. Temasek will pay him an exit fee of US$200 million, which is a little more sincere than Elliott's US$2.

"5.2 million euros, and 1.28 million euros in debt!"

Zhang Yida pretended to be very hesitant, and after a while, said: "Well, I want to know about AC Milan's financial situation and achievements first.

You send me a relevant report! "

Li Yonghong hesitated, could it be that Zhang Yida wanted to delay?Hold yourself back, let yourself not find a suitable buyer, and then be confiscated by Temasek.

He quickly replied: "Mr. Zhang, I am a little anxious here, and I may need you to give me an answer quickly, because I am still in contact with other buyers.

You also know that this century-old wealthy family is actually very sought-after. "

Zhang Yida smiled secretly, still pretending for me, how could anyone dare to take over this hot potato.

But he didn't expose this Li Yonghong, because this person is like a fly.

In her previous life, Elliott took care of her, and she jumped out every now and then to brush up her presence, shouting that she was wronged, saying that she was cheated, and pretending to be weak to gain sympathy.

Considering that he and he are both Chinese, it is really not suitable to play a barbarian.

If the other party finds some unscrupulous media in the country to give him some black material, although he can't do anything to himself.

But people who don't know the truth may be misled and damage their stalwart image.

Not worth it!
"Well, three days! I will give you an answer within three days."

Hearing Zhang Yida's tone, Li Yonghong rekindled a glimmer of hope, and said happily, "Okay, let's make a deal!"

(End of this chapter)