Golden Greenery
Chapter 361 The source of Buffon’s anger
Returning to the sofa in the lakeside villa, listening to Haiyang's explanation of the circumstances, Zhuo Yang suddenly realized.
Things start a few years ago.
Professional players basically receive football training from an early age and are unlikely to have time to learn other professional skills. For most players, the golden period of their career is at best the short 15 years between the ages of 20 and 35, or even shorter. In these 15 years, most people have developed generous living habits due to generous salaries and lack of planning in life. Habits are inertia, and this inertia still exists after retirement.
Therefore, what kind of job can you take after retirement to ensure that you always have a decent income has become a major life event for every player.
The easiest thing to do is to become a coach, but the coaching industry is as pyramidal as players. Let’s not talk about whether everyone has the ability to be a coach. There are only a handful of star head coaches in the world who can earn as much as players. Comparatively, the rest are basically high-level white-collar workers or even blue-collar workers, and the income compared to when they were players is only a fraction, which obviously cannot satisfy those unrestrained hearts.
There are people who engage in a variety of industries after retirement, but these are a minority after all. Most players do not have any other survival skills, let alone skills that can bring high income. Therefore, using high-income salary to manage and invest money while playing football has become the most common choice, and Buffon is no exception.
In 2004, Buffon was deceived by a friend who was an investment consultant and fell in love with Suqi, an old family textile company.
Suqi Company has been established for more than 100 years, older than all Serie A clubs. It was once the largest textile company in Italy and well-known in Europe. Until now, Suqi is one of the top three textile brands in Italy, with a total of more than 2,000 employees.
Suqi mainly provides various bedding products for the hotel industry, especially high-end textile products. It has a large market share in this and is a high-profile star brand.
However, as the European economic environment suffered setbacks, especially the recession in Italy, Suqi's corporate profits declined rapidly. At this time, the Suqi family was also keenly aware of the impending fatal crisis in the industry, so they decisively decided to abandon the family industry and quickly found a successor.
Of course, Buffon does not have such economic vision. His door-keeping skills are superb, and he is not even a rookie in business. Under the deception of a friend, he was dazzled by the share of textiles in Suqi's high-end market, and he started to pick up this shaky and shiny plate without thinking for a long time.
In March 2004, Buffon loaned out 7.8% of Suqi's shares. He thought it was worth the money. After all, Suqi's turnover reached 310 million yuan in the last fiscal year. But he couldn't understand the complicated losses in the financial statements, and the Suqi family would not point it out to him intentionally.
Using this 7.8% as bait, the Suqi family raised Buffon's shareholding ratio to 11 lines of loan financing three months later. So, the bait was bigger. In fact, at this time, Buffon has become Suqi's largest shareholder. The original Suqi family has basically achieved its purpose of selling out, and they only have less than 5% of the shares left.
Except for Buffon, all of them have become experts in this matter. Other small shareholders have offered to sell their shares to Buffon at low prices, depicting various dazzling prospects. Today, the old Suqi family has long been wiped out, and Buffon already owns the Suqi Gundam. This is simply an appalling proportion. It can be said that Suqi is no longer a joint-stock company, but Buffon's sole proprietorship, which is awesome.
In 2004, Buffon's first year of investment, he invested a total of 8.2 million.
Suqi's turnover in this financial year was 10,300, of which Buffon's loss was 8.3 million. In other words, all his money was wasted. He purchased shares every year and suffered huge losses every year, but Buffon had no way to get rid of it, because in addition to all his salary income in these years, the rest came from bank loans, with interest up to 50 million, and it was still snowballing.
No one will come to pick up his plate, because there are no rich people in Italy who are as easy to fool as he is. Or simply bite the bullet and declare bankruptcy, but in this case all his investments will be lost, and he will also be saddled with a terrifying huge debt.
Why is this so? Because since 2004, China has become the world's largest textile country, and its production capacity has doubled every six months, leaving other countries far behind. The huge energy of reform and opening up and the potential of talent reserves with population advantage suddenly exploded. As far as the textile industry is concerned, no matter what grade of product China has, it has overwhelming advantages in terms of production capacity, price and quality.
In 2004, it was the time when Chinese textiles entered Europe in an overwhelming manner. All opponents were overwhelmed and had no ability to resist. In front of China's textile giants, Suqi is just the straw in the typhoon.
Because the precipitation time is still short, China's only disadvantage is in terms of brands. Without high-profile brands, there will be no higher added value. Therefore, the Chinese textile industry has set its sights on well-known Italian companies such as Suqi and wants their brand name.
Haiyang and his overseas economic and trade company came to Italy to help Chinatex Group complete the acquisition of this area. Buffon is Suqi's largest shareholder. If Haiyang doesn't look for him, who will he look for?
Buffon was overjoyed at first. He thought he had met such a stupid taker. However, after the first contact, he immediately knew that he was the only fool. The Chinese analyze all financial statements very clearly and are much more professional than Buffon's financial advisor and Suqi's financial director. During the negotiations, every word the Chinese said struck a chord in Buffon's ribs.
China has proposed several share acquisition plans, but all of them are far lower than Buffon's expectations. After all, they only like Suqi's brand, and nothing else can pass the eyes of the Chinese.
If Buffon agrees, he will still lose all his money. The football he played in the past ten years has been in vain. How can he be willing to do so? But after talking and talking, the damn Chinese people will not let go at all, and they are not willing to pay even a penny more.
Especially the young negotiation assistant, who looked arrogant and bossy from beginning to end. From time to time, he would make sarcastic remarks in Italian that was not very fluent, and his words were so painful that he couldn't even reply to him even if he wanted to. No.
Buffon's lungs were about to burst with anger, but he had to bow his head under the eaves. These disgusting and disgusting people in front of him were his only hope of escaping from the sea of suffering. Therefore, Buffon could only hold back his anger and disgust, and endured Ocean's arrogance and squeeze over and over again. During this period, Buffon left to wash his face with cold water six times and had a shower once.
The game cannot be delayed, and he is not a negotiator. After entrusting the matter to his financial adviser, Buffon embarked on the journey to Milan.
Buried in his heart was a deep hatred for the Chinese, as well as a disgust for the treacherous and cunning Chinese, which made him see how Zhuoyang could hide it. To be honest, Buffon only cursed those two words, and he is indeed a very well-educated and elegant gentleman.
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