Chapter 382: Hongmen Banquet

After Zhang Yida reached a deal with Li Hengbo, the latter came forward to chat with Li Yonghong.

On behalf of Temasek, Lee Heng Bo offered several loan conditions to Lee Yonghong.

Li Yonghong was required to first use domestic assets, including shares, real estate, etc., as collateral.

After the completion of the delivery of AC Milan shares, the loan collateral will be changed to AC Milan shares.

At the same time, he pulled out an agreement with a dizzying array of terms, including interest rates, penalty interest, how to dispose of loan defaults, and the club's forced receivership process.

After reading it, the lawyer hired by Li Yonghong shook his head again and again, calling it too exaggerated.

Li Yonghong's face was also a little ugly, this is simply taking advantage of the fire to rob!

Li Hengbo is not too pressing, looking like you love to sign or not.

Li Yonghong finally said that he would go back and think about it, and did not sign the contract immediately.

After Zhang Yida learned the news, he said to Li Hengbo: "Okay, let's do this first! Let's see how he chooses." ”

For Zhang Yida, it doesn't matter if Li Yonghong takes the bait or not.

Of course, it is best to take the bait, and it is better to be cheaper than cheap US imperialism, which avoids the loss of Chinese assets.

It's not reluctant, after all, this kind of thing can't be forced.

However, Zhang Yida's conditions are still much more generous than Elliott.

In his previous life, Elliott only symbolically gave Li Yonghong "$2" in compensation, while Zhang Yida offered $2 million.

In addition, in terms of interest rates, the maximum annual interest rate is 20%, which is still much lower than Elliott's 23%.

If this is the case, Li Yonghong still chooses to borrow money from Elliott, and Zhang Yida has no recruitment.

Ending Li Yonghong's episode, Zhang Yida turned his attention to Tottenham again.

Despite the public opinion from the outside world and the demonstrations by fans, Levy and Lewis did not end their contact with Zhang Yida.

It's just that the two sides did not meet again, but arranged for the subordinate teams to dock.

Zhang Yida is now less keen on buying Tottenham. The first is that the two Jews made a price that was too dark, and they still didn't let go;

The second is the addition of AC Milan as an alternative;

The third is that after visiting various Chinese-funded clubs, he realized a lot of practical difficulties.

Football is not something that can be played well just because you have money. Of course, learning from desert tyrants, burning money for a long time will definitely produce certain results.

The point is, now strength does not allow him to do this.

At present, the outside world says that he is a billionaire.

But he is very sober, and now he is just a small entrepreneur. The so-called 100 billion assets are also very watery.

Now, without changing the sale of assets or pledging equity, he is terribly able to come up with more than $2 billion in cash.

And to raise enough money, it will take some time to sell and redeem all kinds of bonds, stocks, equities, real estate, and hedge funds bought by family offices.

And part of the money used to buy the football team is also spent from the family office.

His highest acceptable price for Tottenham is 1.2 billion pounds, which is 9.973 billion yuan, close to 10 billion, based on today's pound-to-yuan exchange rate of 1:8.3111.

The ENIC Group holds 85.55% of Tottenham's shares, and if you win this part of the shares, you will be considered to have a controlling stake in Tottenham.

Mr. Zhang's family office has to come up with at least 2 billion yuan, while the rest uses fund raising and financial leverage.

In his previous life, Tsai Xin spent $2.35 billion to acquire the Nets, which was also used by the family office - Blue Pool Capital.

Founded in 2014, BluePool Capital is a family wealth fund jointly established by Jack Ma and the core founder of Ahri Baba, Cai Xin and others.

Some media reported that Jack Ma's wife Zhang Ying once complained to friends that Blue Pool capital was not efficient, and suggested that another fund manager be hired to engage in "horse racing".

Tsai Xin is a Canadian citizen, and the acquisition of the Nets is mostly to use the NBA to break into the upper class of the United States.

At the same time, the commercial value of the NBA league is increasing year by year, which is also a very good target for the concept of family office diversification.

To put it mildly, it means that the United States puts some assets and is cunning.

Zhang Yida wants to buy Tottenham, but he has no such ulterior motives.

All I want is to use the football club to open up the situation and become a bridgehead to enter Europe.

And even other companies, they want to be global technology companies. On the one hand, it is inseparable from technological innovation and superb operation, and on the other hand, it is also necessary for the founders to actively increase their global visibility.

In addition, Tottenham Hotspur, the Premier League clubs, are also in good financial condition, and they have begun to make their own blood and get rid of their dependence on the boss.

In the 2016-17 season, 18 out of 20 Premier League teams made a profit before tax.

A football club with an annual profit of tens of millions of pounds, and its commercial value is still growing, it is a high-quality investment target.

Levy's shrewdness is also known throughout the Premier League, and Tottenham have been in shambles in recent seasons.

In this case, after he relented to £2 billion, he never let up again.

Zhang Yida was also helpless when he heard this offer.

Tottenham has not yet reached its peak, and after two years of reaching the Champions League final, with annual revenue exceeding 400 million pounds and annual profits exceeding 100 million pounds, wouldn't it be worth 4 billion pounds?

Zhang Yida asked the negotiators to continue negotiations with Tottenham while he returned home.

……

On January 15, local time in the United States, Yimin Loan submitted a prospectus to the SEC in the United States.

According to the prospectus, Yimin Loan plans to be listed on the New York Stock Exchange under the stock code "YMD", and the maximum amount to be raised is $500 million.

Morgan Stanley, Bank of America Merrill Lynch, Goldman Sachs and CICC are the underwriters of this listing.

Stimulated by this news, Lu Min, CEO of Miao Installment, also launched a Pre-IPO round of financing.

As a shareholder of Miao Installment, Ruixiang Digital Technology Group was also invited to participate in the financing meeting.

Zhang Yida wanted to send Lan Lan to the meeting, but Lu Min invited him by name.

So he had to go to the meeting in person, and by the way, take a look at what medicine was sold in Lu Min's gourd.

At the beginning of 14 years, Lu Min came to the door and introduced the business model and prospects of a wonderful installment.

Zhang Yida patted 8 million yuan to him, helped Miao Installment complete the angel round of financing, and obtained 20% of the company's shares.

At that time, the relationship between Zhang Yida and Lu Min was quite good.

When Mobao Pay formed the University Local Promotion Alliance, Lu Min also asked the major campus agents of Miao Installment to help;

In the early days, Miao staged the development of campus installment shopping, and the lack of funds was also raised with the help of Yimin Financial Management and Yimin Wealth.

Later, Leech Financial Services invested in Miao Installment, and the relationship between Ruixiang and Miao Installment became delicate.

Lu Min, who used to send WeChat messages to him earlier and talk about entrepreneurship, didn't contact him much.

Zhang Yida still remembers that in the past, as long as he posted a news on his WeChat circle of friends, Lu Min would always like it and comment a few words.

Now the eggs are not eggs!

The wonderful staging itself has also developed quite well, as fast as in the previous life.

Counting the angel round invested by Zhang Yida, four rounds of financing were completed in 14 years, with a total amount of tens of millions of dollars;

In 15 years, it completed the D round of 100 million US dollars and the E round of 200 million US dollars.

The general financing situation is like this, and Leech Financial Services is an E round of shares, and it has been almost a year and a half since then.

Ruixiang Group only invested 8 million angel investment, and did not follow up later, so the shares were diluted to only 10.24%.

Bentley Mulsanne was parked downstairs in the Qingkong Habitat Building, and Qian Li opened the car door for Zhang Yida, "Mr. Zhang, it's here!"

Zhang Yida opened his eyes and stopped thinking about the wonderful staging.

After getting out of the car, I straightened my clothes and walked into the building.

When he arrived at Miao Installment Company, under the guidance of the front desk, Zhang Yida walked towards the conference room.

Zhang Yida sighed that in the past, Lu Min either went to the elevator or went downstairs to greet him.

Now the wings are really hard! It should be said that the backers are harder.

Zhang Yida walked into the conference room and looked at it.

Yo, quite a few acquaintances!

Kunlun Wanwei Zhou Yahui, Meihua Angel Venture Capital Wu Shichun, Huasheng Co., Ltd. Du Li...... Men and women add up to a dozen people.

"Hello guys!" Zhang Yida took the lead in greeting.

"Mr. Zhang, please take a seat!"

"Mr. Zhang is good!"

"In front of Mr. Zhang, where do we dare to call ourselves big guys. ”

……

The others responded with a smile.

Lu Min smiled reluctantly, "Mr. Zhang, long time no see!"

Zhang Yida looked at Lu Min twice, he hadn't seen him for more than a year, and people had changed a lot.

The young people of the former small town now wear high-end suits and expensive watches...... Very successful people.

Seeing that everyone was greeting Zhang Yida, a thirty-five or six-year-old man with glasses sitting below Lu Min pouted and said, "It's time for the meeting, let's talk about the old later!"

Zhang Yida glanced at this person, thinking that he didn't provoke you, why are you so weird.

This person didn't say hello to himself just now, isn't it a person from the leech suit?

"Okay, the shareholders are all here. Then the financing meeting can also begin. ”

Then, Lu Min asked the beautiful female secretary to send a financial statement to the investors and shareholders present.

Zhang Yida glanced at it casually and was shocked.

In 2016, the revenue was 1.442 billion yuan and the net profit was 577 million yuan.

The revenue is much lower than that of Yimin Loan, less than one-third of Yimin Loan, but the net profit is almost the same.

In other words, the net profit margin is three times that of Yimin Loan.

Lu Min sat in the first place and said: "2016 is a year of wonderful turnover.

In accordance with the requirements of national laws and regulations, Miao staged its withdrawal from the campus market and faced the social market......

During the year, we turned losses into profits and created a net profit of nearly 600 million yuan.

Here, I would like to thank all employees for their efforts, as well as shareholders and partners for their support and companionship.

In addition, our shareholder, Mama Financial, has given us great help in the process of Miao Phase transformation. I am personally and the company incredibly grateful. ”

Speaking of this, Lu Min looked at Zhu Chao, senior investment director of Leech Financial, and said with a smile: "I also thank Chairman Zhu for introducing so many resources to the company since he became a director of the company. ”

"It should be!" Zhu Chao smiled modestly.

"Okay, let's talk about financing! This financing is the last round of financing before Miao's phased listing. ”

Lu Min said jokingly again: "Shareholders who want to cash out should cash out quickly!"

"According to the rules, angel investors should withdraw first!" Zhu Chao looked at Zhang Yida meaningfully.

"Yes, our Lanchi Venture Capital came in late, and the shares were only a few points, and one set was gone. ”

Other shareholders also echoed each other, complaining and complaining.

"Among the shareholders here, the one with the least investment is Ruixiang. And I have never followed the investment, since I am not optimistic, it is better for everyone to withdraw early. ”

Zhu Chao was the first to attack, and glanced at Zhang Yida defiantly.

Other investors didn't say anything, Leech Financial Services dared to offend Zhang Yida, they didn't dare, after all, Ruixiang and Huayi have become a climate in the venture capital market.

They secretly looked at Zhang Yida with their eyes, paying attention to his reaction.

Zhang Yida smiled, the feeling is a Hongmen banquet!