League of Legends Invincible Coach

Chapter 77 Three families are promoted

Honor's stock price fluctuated to some extent due to the sell-off by Wu Di and others.

However, due to the influx of a large amount of hot money from retail investors, and the sophisticated and secretive buying and selling operations of financial institutions, the stock price only fluctuated and remained at the daily limit.

This ceiling was almost completely broken by the massive sell-off by investment banking tycoons, Wu Di, Quan Guangrong, and other major shareholders of Glory.

As time went on, their selling speed became increasingly frantic. By the 15th day, Wu Di still hadn't sold all of his Glory shares, with about 10% remaining, when the ceiling was lifted.

By cashing out 25% of Glory's shares, Wu Di held 2.7 million yuan in cash. After paying commissions to financial institutions, he still had 2.5 million yuan left, making him a true billionaire.

After a surge comes a crash.

After the revelry, the ground was littered with debris.

Honor's stock price has been hitting the daily limit down for several consecutive days, and Wu Di's 10% stake is completely locked up and cannot be sold at all. Every day when the stock market opens, the stock price is locked at the -10% daily limit down, which is very distressing.

Considering that he would be staying with Honor for several more years and that Honor shares might have room to rise, Wu Di decided not to sell his remaining shares at a low price and instead settle down as an Honor shareholder.

Thus, the issues of the alliance's guarantee and development funds were easily resolved.

Wu Di and Quan Guangrong each contributed 3000 million, easily resolving the issue.

What the investment banking tycoons and stock market investors got were only the ownership and dividend rights of Glory Club shares; the management rights remained in the hands of Wu Di and Quan Guangrong.

At this point, each of them still held about 10% of the shares, firmly controlling the club's operations and preventing outsiders from interfering.

Shareholders can forget about dividends.

If the Glory Club's accounts show that they are not losing money, that would be considered good.

Unless someone acquires more than 50% of Glory's shares, becomes the major shareholder, and takes over the Glory Club, Quan Guangrong and Wu Di's Glory empire is an invincible empire.

With the new season about to begin, Wu Di has gone on vacation with his wife, while Quan Guangrong is focused entirely on the capital market, neglecting the team itself.

It wasn't until the news broke that Wu Di learned that one of his five top lieutenants had defected.

This jump involved the two most crucial and important people.

During the off-season, news about Glory has been constant.

Wu Di is a high-profile man with 20 million yuan in revenue. His girlfriend is a stunning LPL host. He is regarded by the outside world as the savior of Glory and the true core of Glory's championship victory.

The brilliance of the five Glory Tigers was completely overshadowed.

Although they themselves knew this was the case, Rongguang Wudi alone took 80%, which still made everyone feel somewhat unbalanced.

Wu Di posted on Weibo that he rejected a 20 million yuan offer from outside the club and successfully renewed his contract with the club, clearly indicating that he received a satisfactory salary.

However, the five members of Honor were not satisfied with their salary and benefits.

Wu Di took Xiao Yu all over Europe to update the private server version of League of Legends. He also put the little energy he had left into paying attention to matters related to the listing of Honor of Kings, and he really made hundreds of thousands every minute.

In addition, he is only the team's coach. Contract renewals and salary increases are obviously matters that are negotiated between the club and the players, and he has no say in them.

The boss was so engrossed in the stock market that he didn't have time to discuss contracts with his players, and hastily handed over the task of renewing their contracts to the team manager.

The team manager hasn't grasped the current situation yet, and his mindset is already outdated in this era of rapid advancement in the league. He simply increased the salaries of the five Glory Tigers by 50% on top of the original contracts, bringing them to the level of a million-dollar annual salary.

In the manager's view, a 50% raise and an annual salary of one million is already very high; he himself doesn't even earn that much.

The salaries of the five Glory Tigers have reached the level of top LPL players.

But this top-tier treatment was already from last year.

The top-tier treatment received by the LPL league this year, which has undergone capitalization, is far more than this figure.

This can be easily seen from the fact that a business tycoon offered Wu Di an annual salary of 2000 million yuan.

But the Honor manager clearly didn't realize this.

The two sides were talking at cross purposes and could not reach a consensus at all.

The five members of Honor were unable to contact their boss and coach for a detailed discussion, and were being ignored both internally and externally. This led to a buildup of resentment, which gave outsiders an opportunity to take advantage of the situation.

Therefore, the three new teams that entered the LPL league this year through bidding have set their sights on Glory Club.

Having spent hundreds of millions of yuan to buy their tickets to the LPL league, the three new teams naturally have their own goals, rather than coming here to give points to the league's established powerhouses and act as experience boosters.

For the owners behind the three new teams, failing to make the playoffs in Season 8 was a failure.

They need to build a team from scratch, and it needs to be a strong team that can fight and win. The best way to do this is to poach players.

Within the LPL league, the most eye-catching and strongest teams are undoubtedly the champions and runners-up of this year's World Championship, Glory and Gods.

The team consists entirely of top-tier players, whose salaries are already very high, and whose contracts are comprehensive, making them extremely difficult to poach.

But Glory is different. Last year they were a team in the LSPL (League of Legends Pro League), and this year they were newly promoted to the LPL. By sheer luck, they encountered the champion coach and champion player, the Great Demon King Wu Di, and won the global championship with an unstoppable momentum.

Honor's players have low salaries and simple contracts, making them very easy to poach.

After failing to poach Wu Di with offers of 20 million a year and 60 million over three years, the three new teams set their sights on the Glory Five Tigers.

First, there's the "Eye of the Beggars," who poached Glory's talented mid-laner Chen Qing and prodigy jungler Sun Xiaopeng with a staggering 15 million yuan salary for three years.

Before Wu Di, the "Great Demon King," made his debut, the synergy between Chen Qing and Sun Xiaopeng, the ace core and second-in-command players of Glory, was an invincible weapon for opening up the game in the early and mid-game.

Even during Honor's 40-game losing streak, Chen Qing and Sun Xiaopeng's performances were outstanding.

Therefore, the player "Wangjiazhiyan" set his sights on the mid-jungle duo of Glory and made a move without hesitation.

For Chen Qing and Sun Xiaopeng.

Honor only offers a million-dollar annual salary, while ROG offers 500 million-dollar annual salary—a five-fold difference. Even a fool would know which to choose.

A spendthrift with no regard for the cost, they squander money without a second thought, and their schemes are far more shrewd than anything else, from extravagant purchases to phoenix rebirth.

They offered the remaining three members of Glory a satisfactory salary, encouraging them to proactively negotiate with the club and request their release.

This has blown things up.

It's not just one or two people leaving the Honor Five Tigers; all of them will be leaving.

The entire championship-winning roster of the Glory team is about to split up and disband in the blink of an eye.

Knowing he might have messed things up, the team manager nervously and anxiously relayed Sanhu's opinion to the boss.

Quan Guangrong, as if waking from a dream, hurriedly called Wu Di to ask for Teacher Wu's opinion.

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