Chapter 44: The Empire of Sports
For Richard, the acquisition of a football team or even a football team and a baseball team, Richard has thought that in his previous life, he was not only a basketball fan, but like most basketball fans, he was also interested in other sports such as football, so the acquisition of a football team or even a football team was in Richard's plan.
But this does not mean that Richard has to buy now, at least before 2004, before the first wave of the IT industry, Richard did not have so much money to buy, although he is very rich, but this does not mean that he has to lose money to get rid of the shares of several IT companies he now owns, so Richard is still reluctant to buy other sports teams or clubs now.
"It's okay to invest in the Santa Cruz Warriors, but where does the money come from to buy the 49ers and major league teams?" After Richard was silent for a long time, he finally asked his question.
And the old Cohan is not ambiguous, it seems that he has already thought about the source of funds, he said one by one: "The 49ers are now being sold, and the acquisition value is about $300 million to $500 million, but I think that old Benson (49ers owner) guy won't give us cheap, maybe if we want to take it, we have to pay about 400 million dollars, and this money, cable TV companies and real estate companies will pay half each." ”
When Richard heard this, he couldn't help but nodded, the cable TV company and the real estate company each contributed half, which was still within Richard's acceptable range, thinking that it was the old Kohan who thought he had no money to make such a decision, which made Richard feel much less pressure.
Old Cohan continued: "The team of the major league of football, San Francisco does not, the city government of San Francisco has always wanted to bring in a team, fortunately, the value of the football team is not very high now, so the acquisition of the football team will be handed over to you, Richard, the funds and follow-up investment, are handed over to you." ”
Hearing this, Richard was silent for a moment, it is not difficult to acquire a team in the major football league, the major football league has only been carried out for 5 years, and the value of the team is low, and it is generally possible to buy a team in the tens of millions, it seems that the old Kohan has calculated the funds that everyone can afford.
Calculated that the $30 million that Richard borrowed before has not been repaid, and now it is estimated that it was counted by the old Cohan, and it is just in time to buy a major football league team.
However, Richard is not worried about the acquisition, but the follow-up investment, it is not difficult to buy a team in the major leagues, but it is necessary to move to San Francisco, and to build a stadium, even if the stadium is not built in the early stage, you have to rent a stadium first, such an investment can be said to be a bottomless pit, for Richard, this is a doomed loss-making transaction.
But the old Cohan put it forward, Richard can't help but agree, counting, this time he picked up the cheap, Richard is now mainly responsible for the family's sports industry, so the newly acquired NFL team will definitely be under Richard's name, and in several major sports leagues in the United States, the most valuable is the NFL team, ten years after the 21st century, the average value of NBA teams is only more than 500 million, and the average value of NFL teams has exceeded 500 million at this time, and ten years later, The average value of an NFL team has exceeded $1 billion.
This is equivalent to Richard getting an NFL team worth hundreds of millions for nothing in this family crisis, and of course Richard still has to spend money himself.
It's just that in the blink of an eye, Richard thought about it, since he has to lose a little, then it is simpler, Richard is ready to completely release the shares of Sohu, and it should be possible to release a sum of three or four hundred million funds, which may lose a little, but Richard thinks of the NFL team, and he doesn't feel how to lose.
And the released Sohu should be the least valuable IT company in which Richard holds shares, even in 2015, Sohu's market value is only $2 billion, which is too far from Tencent and Alibaba.
A few days after returning from Las Vegas, the real estate company and the cable TV company successively called a sum of 400 million funds, and Richard also directly threw away all the shares of Sohu through the investment fund staff of the Celestial Empire, and finally got a fund of about 450 million.
During the summer league led by Frank Vogel, Richard took Larry Foster and Darryl Morey, recruited a group of sports business teams, formed a sports company, and then began negotiations with the Benson family, and finally with the intervention of the San Francisco government, he won all the shares of the San Francisco 49ers for 380 million, and at the same time announced the official stake in the NBDL Santa Cruz Warriors with a small amount of only 10 million.
In this way, in the blink of an eye, Richard Sports has three clubs, but the Santa Cruz Warriors have been classified by Richard under the NBA Warriors, and they will be considered one team in the future.
As for the last request of the San Francisco city government, Richard has also talked about it, but he is ready to let the San Francisco government set aside a piece of land on the condition of the major league team, and Richard is ready to start his stadium project.
San Francisco, an office building that is the headquarters of Richard Sports, has begun to plan what the company's next money will be spent with a group of elite teams that he has recently recruited.
"I've asked the San Francisco city government for a lot of land, and I want to build a sports city there, where there will be a football field, there will be a basketball stadium, there will be a football field, there will be a football field, and it will be the center of San Francisco." Richard paints a picture of the future he imagines.
But Larry Foster, who was sitting on the side, immediately poured cold water on Richard: "Such a huge piece of land will cost hundreds of millions of dollars, and we will have to build a stadium and a commercial center, maybe we need billions of funds." ”
A basin of cold water was poured down, and Richard could only not mention it for the time being, but the plan still had to be implemented, so Richard thought about it and said: "We have to take the land, continue to negotiate with the San Francisco government, we need a piece of land that can accommodate a football field, a basketball stadium and a football field, and this land can continue to expand in the future, the football field must be a stadium for 100,000 people, the basketball stadium must be a little bigger, the football field is about the same, it must be a little bigger, for the time being, we can only build a football field, But we have to pay for the land in installments, otherwise we won't have the money to build the stadium. ”
This time what Richard said was quite reasonable, Larry Foster nodded, and the team members he had just recruited also nodded, this time what Richard said was also feasible.
"In this way, we can temporarily lease the land, the football stadium, we don't need to build a stadium with 100,000 people, the United States does not have such a large fan market, I think we can build a football field with 100,000 people first, and then mix it with football." One of the staffers, Chad Walton, made an opinion that struck Richard's eyes.
That's right! Football fields are about the size of football fields, and they can be mixed, and there are many cities in the United States that do so. Building a football stadium first and then a football stadium based on the size of the San Francisco soccer market seemed like a better idea, and even Richard couldn't help but give a thumbs up to the staff member named Chad Walton.
In this way, Richard's big plan for sports was set, first getting help from the San Francisco city government, getting a huge piece of land, building a football field, and then preparing for other stadiums and stadiums, for Richard, his sports empire is slowly unfolding.
But of course, his focus will still be on basketball, after all, he's a more crazy basketball fan, he's the head coach of the NBA Warriors!
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