Chapter 014: Successful Entry

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It seems that due to George's status as the current Viscount of Coschelt and first in line to the Earl of Essex, the government's approval of his acquisition can be said to be unusually fast. On www.biquge.info third day after the general meeting, George received a notice from the relevant authorities that he could make a tender offer to all Tottenham shareholders in accordance with the law.

At the same time as receiving this notice, the agreements that had been signed at the shareholders' meeting three days earlier immediately took effect, transferring 50% of Tottenham shares to George's name, making George's stake in Tottenham spur swell to 85% in an instant, and on the other hand, George's bank account was reduced by a full 80 million pounds in the blink of an eye. The whole acquisition process made the corners of John Smith's eyes jump wildly when he saw all this.

"Boss, if you are not so anxious to bring Tottenham into your control, but choose to gradually break down those small and medium-sized shareholders, the cost of our acquisition of Tottenham will definitely be much less than it is now. Although Smith knows very well that his boss now has a net worth of more than 10 billion US dollars, and this spending of more than 100 million pounds is nothing to him, Smith, who is used to careful budgeting, is still quite painful. After all, in Smith's opinion, if George could have given him an extra month, he could have reduced the cost of the acquisition by more than £30 million!

"John, I remember discussing this with you several times. Hearing Smith's words full of pain, George turned around, his tone full of lightheartedness, "While it will indeed reduce our acquisition costs significantly, don't forget that we are buying a football club right now, and now we are about to have the most important summer transfer period for a team. Therefore, the sooner we get these shareholders in our hands and take the club into our hands, the less impact the team's pre-season preparation will be and the more likely it will be that it will be able to do well in the new season. ”

"Well, I understand that. I just said it in passing, don't care. Since he had communicated with each other many times before, Smith naturally knew George's thoughts quite well, and he also knew that he could not have both fish and bear's paws. Just now, after he saw George spending lavishly, he habitually complained: "According to your thinking, our next action goal is to remove Tottenham from the London Stock Exchange as soon as possible, and increase the proportion of shares held to 95%, right?"

Incidentally, under English law, when a party holds 95% of the shares in a business, the shareholder can force other minority shareholders to sell their shares to him, thus achieving full control of the business. That's why Smith will set the bottom line for the acquisition to increase his stake to 95% this time, because only then will George be able to achieve his goal of taking full control of Tottenham.

At the same time that George is in full swing to remove Tottenham from the London Stock Exchange, English football is also making huge waves because of the release of the news that "talented coach George Nelson has officially joined Tottenham"!

The managers who were planning to contact George and bring the Premier League's No. 1 coach to the table were stunned at the moment. They didn't expect that in less than a month, the young coach would become the owner of Tottenham Hotspur Club!

How long has it been since this young man bought a Premier League team? Where did he get all this money?

The most vehement to George's move to Tottenham was Arsenal manager Arsène Wenger. In the period just after the end of the season, the professor, who was beaten back by his old rival Manchester United in the league, has become the object of ridicule and ridicule from all walks of life. Under the bombardment of the media, the tired Wenger naturally hated the culprit who led him to this point, that is, George, who led the Red Devils to create this miracle.

What's more, the team George chose to buy is still Tottenham, a sworn enemy who shares the same sky as Arsenal. As Arsenal's manager, Arsene Wenger can't hack him too much at this time - if the professor dares to make overtures to the Tottenham boss, then Arsenal fans may launch a massive protest the next day, demanding that Wenger get out of the Arsenal manager's position.

Therefore, in an interview with reporters, Wenger rightfully sided with the pessimistic side, mercilessly peeking down George's move and prospects for buying Tottenham: "George has become the owner of Tottenham? Oh, this is really incredible news, I didn't expect a young man in his early twenties to have such a large sum of money to buy a Premier League club." I think George must have had a lot of debt to raise enough money to buy Tottenham. Tottenham want to rise again in such a situation? Hehe, and ask them to pay off their debts before they think about it. ”

By the way, due to the good work of secrecy, there are basically not many people who know that George is the owner of Trafalgar, and even Ferguson only knows a little bit about the actual situation, so most people think that George completed the acquisition of Tottenham with the support of the Nelson family behind him, relying on bank loans. (Note: With Tottenham about to be delisted from the London Stock Exchange, George will not need to submit real-time information about Tottenham's club to the public as listed companies do, which leads to a lack of clarity about Tottenham's financial situation.) So, it's normal to have a bias in judgment. )

"And to be honest, the owner and the manager are two completely different positions. George is a talented manager, but he still has a long way to go to be a good boss. The first thing to do is that, even as an insider, he, the boss, must not dictate the head coach's arrangement. Otherwise, AC Milan's predicament will be repeated at Tottenham, and it is even likely to be further escalated because of George's relationship. ”

It is worthy of Wenger, who has obtained a bachelor's degree in economics, and his remarks directly hit the crux of the problem, that is, after George took charge of White Hart Lane, what has become of Tottenham's financial situation now? If George really relied on bank loans to win Tottenham, then it is undoubtedly extremely difficult for Tottenham, which has low profitability, to repay this debt and strengthen the squad at the same time!

Not to mention, George himself is seen as a talented head coach. As a result, there is a high risk that there will be a disagreement between him and Tottenham current boss Childcare Hoddle over a different philosophy of football, which will destabilize the atmosphere and dressing room, which in turn will have a negative impact on Tottenham's results.

However, contrary to Arsene Wenger's optimism about George's future at White Hart Lane, Tottenham fans have welcomed George's arrival. After all, after two seasons of inactivity for Joe Lewis and Levy, George Nelson, who has always said he will invest more in the club when he takes over, is clearly more popular with Tottenham fans, even if George has not yet made any real moves.

It can be seen that Tottenham fans have in their hearts how Joe Lewis and Levy are leaving in a hurry.

"I really didn't expect that this kid George really succeeded. Looking at the front page of the latest issue of The Times, Alex Ferguson, who was enjoying breakfast at his home in Manchester, widened his eyes in surprise, as if he couldn't believe the report in front of him, "How long has it been since this kid got Tottenham done? When did the pace of buying a football club start to get so fast...... Tsk, in this way, Wenger's old boy will definitely be in big trouble this time. ”

From the public announcement of Tottenham's takeover to Tottenham's withdrawal from the London Stock Exchange, George took less than 20 days to acquire more than 85% of Tottenham's shares, becoming the largest shareholder of the London club. This kind of speed of action, not to mention in England, is one of the best in the world.

Unlike Arsene Wenger, who doesn't know much about George, Ferguson can be said to have a good understanding of the style of the former right-hand man and successor. The lord knew very well that George was the kind of lord who seemed to be adventurous, but in fact he sought stability everywhere, and did not scatter eagles without seeing rabbits. Therefore, since George dares to buy Tottenham at this time, it means that he must be sure to get the club and the team back on track.

Although he was in Manchester, Ferguson couldn't help but start imagining in his mind that his old rival Arsene Wenger was made fidgety by Tottenham led by George.

Thus, when the calendar turned to June 10, 2003, Tottenham Hotspur's name was officially removed from the London Stock Exchange, and George's shareholding in Tottenham Hotspur increased to 95% at this time. In other words, George can now initiate a compulsory takeover at any time in accordance with the law, and take the remaining 5% of the shares into his own pocket, so as to achieve full control of Tottenham!

The reason why George is so desperate to solve the problem of buying Tottenham is because what he needs most now is time. After buying the club, George not only had to carry out a thorough purge of the Tottenham management who had been not doing their job all day long, and get rid of those who were not in the right place and had low ability, so as not to have their own people dragging their feet, but also replaced some of George's "own people" in various key positions to ensure the control of Tottenham. Moreover, George also intends to carry out a large-scale change of blood for the whole team, especially the poor Tottenham first team, so that Tottenham Hotspur will become more energetic and enterprising, and eventually become his ideal, football version of the Royal Navy of the British Empire!

Coupled with the fact that George also intends to complete the reshuffling of the team by August, this less than two months does not seem to be a lot of time.

Some people may ask, as the largest shareholder of the club (George has other arrangements for the chairmanship), how should he intervene in the construction of the team? The answer to this question is very simple, that is, George himself can be the head coach of Tottenham Hotspur!

While there has never been a case in the Premier League where a club's largest shareholder has been the manager, there is no explicit prohibition on it. Therefore, George has the opportunity to become the first person since the inception of the Premier League to be both the owner of the club and the head coach of the team!

As for keeping Hoddle in the manager's position, sorry, maybe George didn't think about it from the beginning - if Hoddle stays here, how can George still live up to his own dreams and football philosophy at Tottenham?