Chapter 345: Domineering Expansion Plan
His performance as owner did not disappoint, and after the hanging game, he discussed with the club the fact that it had been established β the expansion of the stadium.
Forest's promotion to the Premier League this season is secure, looking at the eleven unbeaten performances, no opponent can stop them from taking the first place, even if it is a mistake, the dark horse jumps out, the second place can still be directly promoted.
Promotion to the Premier League means joining the circle of fierce commercial struggle, the club wants to maintain well, it is indispensable to burn money, but it cannot be the owner's pocket the whole time, and the club itself must have a certain ability to bear and indebted.
The club needs to generate a part of the profit, and the most intuitive income is two: one is the ticket and the other is the broadcast. The broadcast is only profitable after the promotion, so I won't talk about it at the moment. The ticket price can no longer be increased, otherwise it will attract protests from fans.
The most straightforward way to do this is to expand the course. The size of the city's soccer stadium is modest enough to accommodate about 30,000 people, but the space around it is quite large enough to be built.
The expansion of the stadium is also the most affordable way for clubs to increase income, and after Yang Ming finished watching the game, he stayed and discussed with the club management where to start.
"Expanding the main stand is what the clubs are most keen on and where they can best keep their die-hard fans, and we expect to be able to raise one or two floors more to accommodate about 5,000 more people," the management said. β
"That's thirty-five thousand?"
Yang Ming thought about it for a while and still felt a little less, and looked at the other side: "Expand this side for me, add two floors, how many people do you think it can be?"
"If you want to expand this area, this is a big project, it is expected to be at least 15,000, maybe 20,000. "They estimated it.
"The more the merrier, our home field is still too stingy!" Yang Ming likes a lot of people, and conservatively estimates that after these two projects, the number of spectators will reach 50,000 or more!
According to the average ticket fee of the Premier League, it is about 30 pounds, and a game of 50,000 people can bring 1.5 million in income, and the extra 20,000 places means that it brings 600,000 pounds more.
How many games are there in a season? There are 38 rounds of Premier League fixtures alone, which means that the additional 20,000 seats will earn an extra 22.8 million pounds, and the total income can reach nearly 60 million pounds.
It's just that after Yang Ming finished thinking about it, he suddenly felt ...... It's still a bit less!
It is true that this income is almost 600 million yuan, but compared with his current rocket-like rising career, compared with his profits calculated by 10 billion, this is really pitiful.
The management looked at the big boss in his thoughts, didn't know what he was thinking, and was a little worried, on the one hand, whether the boss thought the cost was too high, and on the other hand, he felt that the prospects they proposed were not optimistic enough and did not have many benefits.
But the person next to the pillow knew him better, Li Wei raised her hand and pointed to the other side: "I noticed that it was a parking lot over there, and I demolished it, and replaced it with a parking building in the future, and the vacant space can be continued to expand for you." β
Yang Ming's eyes returned to her, in the end, he was a wife who had developed a tacit understanding, and he could even see at a glance what was going on in his head.
Li Wei turned to the management: "According to the way you just calculated, I expect to be able to increase the number of seats by 10,000, which will make the total number of this stadium reach 60,000 or higher, right?"
"Madame is right!" they echoed one after another, and the human spirits also saw it, it turned out that the boss felt that he was not domineering enough, and he was sorry for the so many bills in his hand!
Li Wei told him again: "If it is 65,000, it should be able to rank in the middle and upper reaches of the Premier League clubs, and if you run the surrounding commercial projects well, the extra profit will also be a big piece." β
"Yes, that's right!" Yang Ming nodded in agreement, the general appearance of this plan had been generated in his mind, and after it was perfected, he added a little fancy: "Not only expand the stands, but also make some patterns and metal frames that highlight our characteristics on the top of the head, this is our faΓ§ade, we must build it well!"
Everyone also nodded one after another, this is a domineering expansion plan, and they all have the excitement of finally turning over in their hearts! The forest team has been fighting the streets for so many years, and finally got on the rocket and is about to soar into the sky!
The boss has written down everything he has said, and they will immediately implement the plan, plan and budget that the boss wants, not only for the salary, but also for the love!
As for the question of the capital budget...... Is this a problem for local tyrants?
Yang Ming didn't even plan to pay attention to this, got in the car and left.
In the second quarter alone, the group's revenue exceeded 80 billion, and the growth rate was very rapid, which was in response to what he said before: what money can solve is always a trivial matter.
β¦β¦
The expansion plan of the City Stadium has been reported in his footsteps!
The Chinese owner did not disappoint the fans, and the plan was disclosed, directly doubling the original capacity of more than 30,000 to 65,000, and the budget investment may be two or three billion pounds, part of the company injected capital, and part of it was through the club's loan.
This is another cash-burning move by the Forest team after their last big player purchase, and they are waving money and making their way towards a Premier League club on all fronts. The fans in the tavern were shouting and shouting when they were drunk, celebrating the beauty of winning the Championship in advance.
Yang Ming, who is still in the UK, is no longer on this, the abuse of food is good-looking, but it belongs to fast food, and it is not interesting to beat the lower-level team. What really makes Guardiola pay attention is the FA Cup, which has the opportunity to allow the lower teams to challenge the Premier League, and this is where the strength is tested.
For Yang Ming, when he won the top three in the top league is the right reward for burning money. As for now, he is more enthusiastic about attending cocktail parties in London and expanding his business empire.
The couple can spend money and burn money casually, and the foundation is based on the success of this bunch of businesses, popular hangover drugs, Weida beverages, and high-energy batteries that major auto giants can't do without.
Including this trip to England, they also came for profit, and considered the move to let the Oriental Bank continue to acquire and expand, and move towards the road overseas.
Eastbound wants to acquire a number of foreign banks and credit institutions to expand their operations in Europe and the United States and keep pace with the group's expansion.
Under the overall situation of stable domestic position and due to domestic policy restrictions, private banks cannot make much progress in the short term, and Donghang began to focus on overseas business!
The Oriental Group is a typical cash cow, as long as you grasp this thick thigh, as the Eastern Group enterprises expand to the world, they also provide services to the world, and it will be much easier to expand the scale!
The bank has long been included in the ecosystem of giants by Li Wei, and it is also a basic operation to go hand in hand with each other.
Therefore, the purpose of going to the UK this time is not only to see how much money is spent on football games, but also to let the ecology of the East go deep into the countries of the West and expand their territory in the great wave of economic globalization.
In fact, it has only just taken a step, and it is almost successful!