Rebirth of the Hong Kong Tycoon
Chapter 505 Chapter 153: Bargaining
Running a football club is very difficult!
It is even possible to write a book, the size of the rules and regulations, the incentive mechanism, the punishment mechanism, buying and selling players, and countless other difficult problems will be in front of you.
The Premier League has not yet been formally established. League One is the top league. Every year, 4000 million people watch it in the UK, and hundreds of millions of people watch it overseas.
(It was my mistake before, my mistake! I misremembered the establishment time of the Premier League.)
But difficulties are also opportunities. If the FA reforms are successful, Crystal Palace will not be at the current price.
"The current offer has exceeded the price we negotiated before."
"I regret this relegation, but I must point out that it is the fault of the management and the coaching staff, and someone must take responsibility for this relegation."
Lin Huaile rolled up the note from the bank consultant, stuffed it into his pocket, looked at the representative of the opposing team's board of directors, and said calmly.
The structure of Crystal Palace is quite special in the Football Federation. The management does not hold shares, but an external employment system.
There are few troubles to face, which is the main reason why Lin Huaile chose Crystal Palace.
Simon, the representative of the Crystal Palace board of directors, was also speechless and could only respond with a wry smile, because he also knew in his heart that even if the business could not be reached, the board of directors would not leave the team manager and head coach.
It will even affect the structure of the youth training team, and it is already expected that the blood will be recovered after a big sale.
"But can the transaction price be lower?"
The small group unsurprisingly split, without even having time to use countermeasures.
"Lloyd has no objection."
Changing creditors into shareholders is a brilliant move!
Whether a football club is a high-quality asset or a low-quality asset depends on the promotion of the team.
Lloyds Bank is one of Crystal Palace's major shareholders, and this is the only one who has been taken advantage of at this negotiating table.
"Mr. Lin, even if Crystal Palace disagrees with your acquisition plan, Lloyds Bank is willing to unilaterally sell the shares in Crystal Palace to you."
These words are too familiar!
Exaggerating low-quality assets into high-quality assets is a common trick in commercial banks, and Shen Bi often engages in such tricks.
"There are many clubs in League One, and many of them have financial difficulties. There are many better options than Crystal Palace."
According to the information obtained by Lin Huaile, Lloyds Bank holds 20.00% of the shares of Crystal Palace, and the remaining % was sold by a minority shareholder.
Seeing that Simon remained silent, Benza, the representative of Lloyds Bank, immediately took over the conversation: "Dear Mr. Lin, I am the representative of Lloyds Bank this time. You can call me Benza."
"Mr. Simon, the shareholders of the board of directors must be waiting for your good news. You can communicate with them by phone."
"As for the price, it can go up to 2000 million pounds, a one-time buyout."
"We are very optimistic about your apartment project. The prospect of high-end residential projects is very good. We can cooperate. Even your project in the industrial zone, we also have places to cooperate."
This is a hidden danger that has to be guarded against.
Debt-to-equity swap is just nice in name, but in fact, it means that the loan is not repaid, and it is directly locked in the hands.
My time today is precious, the representative of Li's Group has arrived at the Goring Hotel, and Xie Lan is accompanying him, but he still has to make the final decision.
"The current general manager of the team will definitely leave, and Ron Knotts will take over. He once promoted three unknown amateur teams to the League Two."
Lin Huaile glanced at the watch in his hand, and it took an entire hour just for the Crystal Palace to explain his glorious future.
Simon glanced at Benza in embarrassment, wanting to hear his opinion.
"You will still be the largest shareholder of Crystal Palace."
"The construction of the new stadium can be written into the contract. Whether to rebuild it on the original site or choose another place depends on which plan is more cost-effective."
Benza naturally saw Simon's eyes asking for help, but unfortunately, he couldn't save him by himself, so everyone should take care of themselves now.
"On the books, the Crystal Palace is riddled with holes, but there is still a bit of background."
"Did you say it was Mr. Simon?"
Benzha continued to add insult to injury, saying that Lloyds Bank could spare Crystal Palace and continue the deal.
Lloyds Bank is currently the largest financial backer of Crystal Palace, but they have made it clear that they will not continue to invest and need to find new investors.
Simon whispered a few words to his assistant before leaving his seat to communicate with the Crystal Palace board of directors.
"Everything can be discussed, and we can even reach other cooperations."
"The maintenance value of Selhurst Park Stadium is not great. It can be demolished and built on the original foundation."
"If the Crystal Palace board disagrees, I will approach Lloyds Bank."
"I want 30.00% of Three's shares and one veto, otherwise I won't inject capital."
Because Xie Lan does not have any position in the Gulf Group, no one will take what she says seriously, even if she is Mrs. Lin.
Asking prices all over the sky, sitting on the ground and paying back the money, Lin Huaile gave the answer.
Lin Huaile is going to continue to bargain with Lloyds Bank for the soul, and it can be lower, yes.
If there is no new investor, Crystal Palace is likely to declare bankruptcy.
Most members of the board of directors chose to wait and see to see if there is any possibility of Crystal Palace coming back to life.
"Besides, Crystal Palace is not without everything. The youth training team, cheerleading team, and scouting department are all high-quality assets."
This price is too low, but if he refuses, he has no way to say it.
Ben Zha is blatantly robbing customers now, and the bank consultant of HSBC raised his eyebrows, and almost spilled his coffee on this cheeky guy's face.
"I will leave London tomorrow and return to Xiangjiang. My time is precious. I hope to sign a letter of intent today."
But Crystal Palace, a seven-in and seven-out nerve knife team, can be classified as junk stocks. Lloyds Bank has registered Crystal Palace on the list that must be sold.
"Jim Cannon, the pride of Scotland, has been confirmed for the national team, the absolute core of Crystal Palace."
"Crystal Palace is relegated again, which we don't want to see."
The advertising revenue in the first half of the year was only less than 300 million pounds, which was not even enough for the daily maintenance of the team and the youth training club.
"Of course, the internationalization process of the Gulf Group has not stopped, and the high-end apartment projects of the Lin Foundation have always lacked partners."
There is no reason to push out the door-to-door money, but you can't be too explicit, you still have to be careful.
Lin Huaile smiled at Ben Zha, saying that they can communicate frequently in the future.
Benza glanced provocatively at the opposite colleague, took out his personal business card, and handed it to Lin Huaile with both hands.
Thanks for the support of the lifelong boss!
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