Chapter 525: Collecting the Nets Vultures
Italy.
Milan.
In a fancy hotel, a middle-aged man with a scruffy beard and bloodshot eyes lies on a sofa, staring at the ceiling, a pile of cigarette butts and empty wine bottles on a coffee table.
He is the "Brother Li" in the mouth of AC Milan fans, the "mysterious Chinese billionaire" in the mouth of Milan citizens, and the actual controller of Jieand, the controlling shareholder of Zhuhai Zhongfu, a listed company, and an accomplice in the illegal fund-raising case of Huazhou Green Shanhe Manor, which caused a sensation in 04 years, and was wanted.
He took the more than 40 million yuan that his father and brother had only obtained from prison, went overseas, and disappeared for ten years before returning to China and haunting the domestic capital market.
Who knows, in those two years, he suffered a stock market crash and was deeply trapped.
In order to make up for the loss, he was introduced to the idea of buying a football club.
In those two years, Chinese consortia acquired sports assets around the world.
In addition to holding Inter Milan, taking a stake in Manchester City, Atletico Madrid and other world-class teams and clubs, some sports events have also been scrambled by investors, and sponsorship fees and copyright fees have soared.
Government departments have also issued relevant documents to speed up the development of the sports industry.
It seems that the tuyere has arrived, and Li Yonghong has also organized a consortium to prepare 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 go abroad, so in order not to let the deposit that had been paid go down the drain, he looked for money everywhere.
After being introduced by a friend, he approached Teo, who in turn introduced him to Temasek.
After weighing the loan contracts offered by Elliott and Temasek, he chose to borrow the loan sharks offered by the latter.
Without him, the interest rate is low, and the compensation for going out is also a little higher.
It's not that he didn't think about whether he wouldn't be able to repay the loan later.
But according to his speculation, this should not be very likely. Football, as long as you are willing to spend money, you will not be able to produce results.
In the 17-18 season after he took charge of AC Milan, he spent a total of 228 million euros on reinforcements to create a new squad for the team.
Even the fans in the stands held high the slogan "We are not bad for money", and they also loved the chairman of the Chinese club very much, affectionately calling him "Brother Li".
Everything was so beautiful!
He is thinking that after the team enters the Champions League and the finances are improved, the relevant sports industry will be introduced back to China, and he can even go to the big A-share market to play some concepts and make a good circle.
Or sell the club and make a small profit.
However, the dream was shattered.
AC Milan had a poor record and the squad he spent heavily on became a joke, finishing sixth in Serie A and losing his qualification for the Champions League.
With the loss of the Champions League prize money and broadcasting rights, AC Milan will lose a lot of income, and the huge amount of money he borrowed from Temasek will have no source of repayment.
Moreover, the team's total debt has also surged to 128 million euros, and he is urgently needed to continue his blood transfusion.
In addition to that, because of his lavish money, he also violated the Financial Fair Play Act.
Last month, UEFA announced that AC Milan had been banned from UEFA for the next two seasons due to the club's breach of the Financial Fair Play Act.
That's not even the worst of that, the most terrible thing is that his loan to Temasek is overdue.
According to the contract, he needs to pay the interest on the loan every six months, and the latest interest of 30 million euros should have been paid last month, but he really can't come up with the money.
He pleaded with Temasek while raising money from all over the place.
But the wall fell down and everyone pushed it, and none of the wine and meat friends who used to be with him in the big A shares were willing to lend him money.
In fact, he can't blame his friend for not being righteous, it is precisely because he understands him as a person that he is unwilling to lend him money.
In China, there is also a group of bosses who were used by him to use the controlling stake in a listed company as a bait and borrowed hundreds of millions of dollars to him.
He didn't return the money, even if people wanted to take him to court, he didn't pay attention to it.
In the past, in his mind, as long as the AC Milan club was revitalized, a little borrowing would not be a problem at all.
"Maybe I can only find Zhang Yida!"
Li Yonghong held the idea of a dead horse as a live horse doctor, and dialed Zhang Yida's phone.
"Hey, Mr. Zhang!"
Li Yonghong's signature laughter came from the phone, and Zhang Yida secretly thought, he is worthy of being an expert in fraud, and his acting skills are first-class.
Temasek's Lee Heng Bo had already informed him of the overdue loan last month.
However, Zhang Yida did not rush to close the net, and according to the contract, Li Yonghong had a month to remedy.
Whether it's borrowing money or finding a new investor, you can solve the problem.
"Mr. Li, hello!"
Zhang Yida had almost guessed the other party's intentions, but he still looked silent.
"That's right, I've had some financial problems lately and want to sell AC Milan to you......
The price was negotiable, and I spent 740 million euros, of which 520 million was for the acquisition and the other 220 million euros for debt.
Now the club's debt is 128 million euros, and I am willing to transfer the team to you for 520 million euros, and the cheap almost 100 million euros is discounted.
I know you'd love to buy a team, the Rossoneri have a history of over 100 years, so it's a very good choice.
I also didn't have the financial resources to get to where I am today.
You're different, you have a lot of money, and you can definitely bring AC Milan up.
Only if the club's results improve, the valuation will definitely go up......"
Li Yonghong basically did not hide anything, including financial data, and the team's poor results were truthfully explained.
Because he also knows that this can't be hidden from Zhang Yida at all, and the other party will definitely do due diligence.
Moreover, he also suspects that Zhang Yida and Temasek have something to do with it.
Maybe part of the 300 million euros lent to himself was provided by Zhang Yida.
But he is not sure whether Zhang Yida is involved, and if not, let the other party buy AC Milan, so that he can keep a little equity, or take some money to exit.
It's better than having to be confiscated by Temasek on the grounds of "loan default", because in this way, he will not get any benefits.
It can't be said that there is no point, Temasek will pay him a $2 million exit fee, which is a little more sincere than Elliott's $2.
"520 million euros, and 128 million euros in debt!"
Zhang Yida pretended to be very hesitant, and after a while, he said: "In this way, I want to know about AC Milan's financial situation and results first."
You send me a report about it!"
Li Yonghong hesitated, could it be that Zhang Yida wanted to stall for time? dragged himself so that he could not find a suitable buyer, and then was confiscated by Temasek.
He hurriedly replied: "Mr. Zhang, I am a little anxious here, and I may need you to give me an answer quickly, because I am still contacting other buyers."
You also know that this century-old giant is actually very sought-after. ”
Zhang Yida smiled secretly, still pretending to me, where would anyone dare to take over this hot potato.
But he didn't debunk this Li Yonghong, because this person was like a fly.
In his previous life, he was cleaned up by Elliott, and he jumped out every once in a while to brush up his sense of existence, shouting that he was wronged, saying that he had been deceived, and pretending to be a weak person to win 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 China to give him some black material, although he can't do anything about himself.
But the people who don't know the truth may be misled and damage their great image.
Not cost-effective!
"So, three days! I'll give you an answer in three days. ”
When Li Yonghong heard Zhang Yida's tone, he ignited a glimmer of hope again, and said happily: "Okay, let's make a decision!"