Rebirth of the Strongest Tycoon
Chapter 1077 Infiltrate the British telecommunications field again
After going to work in the afternoon, Xia Yu did not go to George Berkeley, who was busy with his affairs, but called an executive of the investment banking department, Elton Collin, and ordered him to investigate the details of Chelsea Football Club and make an acquisition plan. .
He was chosen because Xia Yu learned that he was an old fan, maybe he would have a better understanding of the insider situation of Chelsea Football Club, and his work efficiency would be higher.
As a result, Xia Yu was not disappointed.
It only took three days before and after, Elton Collin took the situation of Chelsea Football Club to the bottom, and also made a complete acquisition plan, in the early morning of November 6th. Presented to Xia Yu.
The real situation of Chelsea Football Club was revealed in front of Xia Yu.
Chelsea Football Club is really in crisis!
And fall into the trough and see no hope of rising!
Chelsea Football Club has had good and bad times over the years, with fairly inconsistent results.
Especially in the past two years, it has been going downhill and has been on the verge of relegation. The team's poor results have hurt the hearts of fans, disappointing fans again and again, so that fans vote with their feet, leading to Chelsea Football Club's ticket revenue and advertising revenue plummeted.
Before that, in 1977, when Chelsea Football Club's performance was good, the Mills family had started the reconstruction of the East Stand of Stamford Bridge in order to increase business income, and planned to build it into a stand with a three-story suspension structure. , not only more seats, the creativity of this design is now far ahead, but the difficulty and cost of construction have also increased.
As Chelsea Football Club's performance has declined, so has the rate of ticket purchases for the game, and the sharp drop in income has caused the Mills family to begin to feel constrained.
That's all.
What's more terrible is that the British economy is still in the quagmire these years, the main business of the Mills family has also been greatly affected, and the family business capital chain is tight.
To this end, the Mills family had to delay the renovation of Stamford Bridge, and now four years have passed, and the progress of the renovation of the stadium has reached half of the design.
Despite the delay in the renovation, the interest on the loan from the bank has been accumulating. The income of Chelsea Football Club is no longer enough to pay the interest of the bank, or even to maintain the operation of Chelsea Football Club, let alone in the transfer. The market is buying superstars.
A vicious circle has emerged!
Today, Chelsea Football Club has a debt of 620,000 pounds.
The Stamford Bridge Stadium, which does not belong to Chelsea Football Club, is the private property of the Mills family and belongs to the Stamford Bridge Asset Company. The Mills family owns 100% of the company.
But in order to expand Stamford Bridge, the Mills family has a debt of 6.4 million pounds for this, and this debt, because of interest, continues to increase each year.
It is worth noting that of the £6.4 million debt on the Mills family's back, £3.86 million belongs to the Royal Bank of Scotland, which is the major creditor of the Mills family.
In the takeover proposal, Elton Collin assessed the assets of the Chelsea club, and the result was that old or untalented players and coaches were worthless.
And the Mills family is now saving the family business, so it is very likely to negotiate to take over the Chelsea club for free at the cost of taking on the debt of 620,000 pounds.
As for the Stamford Bridge Assets Company, the only valuable asset is the Stamford Bridge Stadium. The company is valued at around £9 million, excluding the debt of £6.4 million, and its net assets are around £2.6 million.
Considering that the Mills family is now in trouble, urgently in need of funds, and wants to get rid of the debt burden, it will occupy a certain degree of initiative in the acquisition.
Elton Collin preliminarily determined that he could buy Stamford Bridge Assets for between £2 million and £2.5 million.
The price is to take on the corresponding debt.
The whole plan is down, the initial plan will only need more than two million pounds.
Even if you add the funds for the subsequent completion of the renovation, it is only five or six million pounds.
This amount of money may be a lot for the Mills family, whose assets are only more than 20 million pounds, but it is very rare for Xia Yu.
Nothing to say, buy it!
After putting down the materials, Xia Yu instructed Elton Collin: "Elton, this project will be handed over to you, you can go to the Royal Bank of Scotland to communicate first, with the assistance of the bank, it will be more beneficial to the acquisition. ."
"Acquisition of Chelsea Club as soon as possible!"
"In addition, you can collect the information of British football coaches and players, and give it to me when the time comes. After Chelsea's acquisition, a full-scale change of blood is needed, and the winter transfer period will be less than two months away."
Elton Collin, who was interested in football himself, was very interested in this task. He nodded with a smile: "Boss, promise to complete the task as soon as possible!"
"Well, let's go!"
Xia Yu smiled and nodded, watching Elton Colin leave his office with brisk steps.
Next, Xia Yu continued to get busy.
...
As time went by, the competition for the second telecom company became more and more fierce. Although there was no report in the newspapers, it was calm on the surface, but the waves were turbulent in the dark.
Although the Rothier family, who had been keeping an eye on Xia Yu's movements, couldn't get close to Xia Yu because of Luo Net and Xia Yu's Aegis security, they had a better grasp of the movements of the Bright Fund.
The Rothschild family also knew that Xia Yu had met Margaret Thatcher secretly, but they didn’t know what they talked about. They could only speculate that Xia Yu had a conversation with Margaret Thatcher based on the actions of the Bright Fund. It is an investment in a second telecommunications company.
Thanks to the contacts of the Rothschild family, they were also informed of the negotiation process between the British Ministry of Commerce and the Bright Fund.
In the face of Xia Yu's real money and silver chips, the Rothschild family had to mobilize more power and cost to intervene in the competition in order to occupy more shares.
In addition to the Bright Foundation and the Rothschild family, other major families and consortiums in the UK did not watch, and they all intervened in the competition.
It was not until November 9 that the competition officially came to an end, and the cake distribution plan for the second telecom company was finalized by Margaret Thatcher.
George Berkeley, who came back from Downing Street, hurried back to report the situation to Xia Yu with the results.
Bright Foundation, in Xia Yu's office, George Berkeley sat in front of Xia Yu and said cheerfully:
"Boss, the new telecommunications company is called Mercury Communications. It has the second UK domestic telecommunications operation license issued by the government. We have won 20% of the equity!"
Twenty percent!
Xia Yu's eyes lit up, this ratio is definitely not too small!
"Good job!"
Xia Yu said with praise.
George Berkeley responded with a modest smile: "That's what I should do."
"By the way, how is the remaining 80% of the equity distributed?"
Xia Yu was a little curious about who had split the other shares.
"Boss, when I announced it at the meeting, I have recorded the specific equity distribution. Because there are many, you have to see it yourself."
George Berkeley said, opened the content he recorded in the notebook, and handed it to Xia Yu.
Xia Yu browsed carefully.
Twenty-five percent of Barclays.
Great Eastern Telecom 15%.
Lloyds Bank eleven percent.
National Westminster Bank ten percent.
HSBC Holdings 9 percent.
BP 7 percent.
Two percent of Black Rose Capital.
One percent of the Locke Fund.
Sure enough, the Rohir family dominated, and the banking industry dominated.
The four major banks hold more than 55% of the shares!
But Xia Yu was not surprised.
Except for Barclays Bank, which mainly implements the will of the Rothschild family, the other three banks are actually the gathering points of major British consortiums or old-fashioned families. In fact, they are fighting in the name of banks. Low, it is also the depositor's money.
The separate capitals are only Xia Yu's Bright Fund, Black Rose Capital and Locke Fund, and Xia Yu's Bright Fund is a special case, so it is very conspicuous.
But Xia Yu didn't care, as long as he got enough equity, as for how to do it later, it's a later matter.
He didn't believe that if Mercury Communications didn't make money for a few years, there would be no shareholders to transfer equity.
If you want to increase your stake, you can do so at the right time.
After returning the notebook to George Berkeley, Xia Yu said to him with a smile: "George, I will leave you to follow up some of the follow-up matters. The director of Mercury Company, you must choose your appointment carefully. In this company We must have the corresponding right to speak and influence.”
"I understand!" George Berkeley nodded solemnly.
Xia Yu nodded slightly, and instead of repeating his instructions, he asked about the Dadong Telecom Company.
"How is the equity transfer of Dadong Telecom's Xiangjiang Branch going?"
"The progress is relatively smooth, and it can be successful in at most half a month."
"Okay, let me know when you succeed."
"OK!"
After chatting with George Berkeley again, Xia Yu sent him away.
The matter of Mercury Communication Company has been settled, and he has a mind, then the focus will be on France!
Two days later, just when Xia Yu was about to start action, he received a call from Prince Philip and learned a piece of news that surprised him at first but made sense.
n.
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