Chapter Ninety-Four: Reckoning

In fact, Hall's desire to purge the entire team is not just out of 100% trust in the legendary coach.

The fact that the former manager dared to lead the players to a collective strike at the time of the acquisition shows that this Leeds United team is rotten, so if they want to return to the first division, they must take medicine. And also consider freeing up salary space and buying long-term contracts of some star players at a low price.

Arnason can make a fortune by selling his captain, and it is very reasonable for him to use the upcoming Premier League to buy low and sell high to make a small transfer fee. No matter how small the mosquito leg is, it is still meat, after all, Leeds United can predict that it will be optimistic that it will reach balance in the next five years.

Hall didn't have that much money to spend on a big toy, and now Leeds United's operating funds are borrowed from the mortgage club.

The short-term loan for the previous acquisition of Leeds United has been paid off due to the profit-taking of AEC Capital's operations in Dow Jones Index Futures.

After the takeover, Leeds United was used as collateral to borrow a long-term loan of £20 million from the bank.

In this operation, Hall has paid the equivalent of a cost of more than 16 million pounds, and received Leeds United club, plus 20 million pounds of long-term low-interest loans. Of course, this long-term loan can only be used for team building.

Preliminary finalization of the list of recruited players with head coach Kruyinf and CEO Renard, and the financial division of Leeds United's parent company, P and his personal finances.

Hall rushed to London non-stop to deal with AEC Capital's affairs.

Overall, the current state of AEC Capital can be described as bright.

The first is the Dow Jones Index Futures, a securities investment unit, which came to an end as U.S. stocks rose to recent highs and then fell into a correction.

Pan Weidi has formed a quantitative trading team, and the London University of Economics has made the first version of short-frequency quantitative trading modeling, and the next focus will be on the testing of quantitative trading.

Then there's the venture capital department, where the old chitter Monte single-handedly hires two assistant analysts and has worked hard to achieve impressive results.

The post-investment management of Margaret's clothing brand was carried out in an orderly manner, and the business plan was formulated in advance to successfully get out of the financial crisis. Just wait for the 'magic school uniform' to become a popular item this autumn, and it will be able to enter the track of benign development.

On the other hand, when Monte was negotiating with A's venture capital, he prayed to Valhalla, and the four evildoers of Europe responded to him.

He managed to bring his Cambridge alumnus Dr. Herman Hauser to the ground, scolding him for being a Grandet while signing a £500,000, 13% Series A investment contract.

Originally, A didn't plan to go public so early, but Monte learned a skill in the Cambridge business administration course, and he didn't wait for investment to think about the follow-up exit. I go to people's offices every day and continue to lobby unremittingly: only when I go public can I make money.

Dr. Herman Hauser took the trouble to finally agree to make the venture a funding round and cede 3% more than expected.

"Since we are sure to go public, we must design an option incentive for the founding team. The extra 3% equity obtained includes the incentive clause, and if A can meet a certain condition, the 3% equity will be awarded to the founding team. For example, the development of next-generation products and the ...... revenue growth rate."

Monte couldn't hide her smugness, and she reported in a brisk tone. "However, these terms are strictly limited, and if we can't do it within the specified time, the 3% equity is ours." ….

Hall looked at his face full of "investor fathers", and wondered if this guy was really sure of A's listing prospects, or if he was just fooling the founding team in order to get more shares.

"Very well, what about the other terms, the right of first refusal, the right of anti-dilution." He asked.

Every round of financing for excellent start-ups is a wrestle between buyers and sellers, and no founder is willing to give up the leadership of financing, which means losing control of the company; The same is true for investors, which means making less money.

In this regard, the two sides are naturally opposed and cannot be reconciled.

Hall doesn't want A to grow up, and in the follow-up financing, he will act like an emperor like "DJI", waiting for various investment institutions to meet and worship. Since it entered the game while it was weak, then the future AEC must

It must have sufficient influence.

"Ugh...... I only got the right of first refusal in Series B, but I have anti-dilution rights, and all the seats on the board of directors are available." Monte hesitated.

Hall bowed slightly: "Do you still need a right to sell, can you add it to the contract?"

"No problem, we haven't paid yet." Monte was confident.

After reporting the work, he left the office, and immediately called the law firm that had no human rights, and instructed them to work overtime on weekends to modify the contract. In the entire venture capital business chain, the investor is the big man, the financing company is the son, and the lawyer is the servant of the Middle Ages. As for the accounting firms, that's livestock.

It has to be said that he has perfectly adapted to the role of an investor.

Hall looked at a financial statement on the table, lost in thought.

The flow of funds in his hands is a little stretched, and the profit from his personal account [Dow Jones Index Operation], plus the one-time liquidation of the principal purchase of Leeds United, is only 5 million pounds.

On the books of the AEC company, the profit and principal of [Dow Jones Index Operation] are 16 million pounds.

A total of 21 million funds, all of which are invested in quantitative trading is just right. Because of the operation logic of quantitative trading, there are certain requirements for the amount of funds, and the large amount of funds will affect market fluctuations.

But Munters has shown that the ability to work, at least in the A project alone, the venture capital department is worth increasing the capital investment.

And he himself maintains his daily expenses, supports his lover or something, and he can't reach out to Lady Helena for money......

"Boss, the car is ready, you have made an appointment to have dinner with Miss Charlotte tonight."

As he pondered, Brandon pushed the door in and reminded.

Hall looked out the window at the dark sky and rubbed his eyebrows, hesitated a little and put down his work for the time being, and returned to the villa in the Chelsea area.

Since he was scolded by public opinion, he has not met Charlotte because he doesn't want to be private.

It's been a week since the incident subsided, and it's time to appease this little lover who worries about him. Moreover, how to make the little lover and the old mother meet without losing dignity is a philosophical question that needs serious consideration.

I haven't seen her for a month, and Charlotte is inexplicably much more beautiful. The girl's unique baby fat on the face has been reduced by a few points, and it has a cold temperament.

In fact, her face is not as beautiful as Yin Sabella, and she usually has superior long legs in terms of appearance.

Hall had previously measured her in bed, a height of 168, and a leg length of 83 centimeters from the base of her thigh. You must know that she is still young, and she is still long!

At present, he is wearing a black suspender dress, his long blonde hair is cut to shoulder length and combed into a high ponytail, and a strand of broken bangs on his forehead naturally hangs down in front of his ears. The breeze blows through the broken hair, and the black suspender dress is close to the body, making the whole person more and more tall and cold, and beautiful.

Hall admired the girl in front of him, and the corners of his mouth curled slightly: "...... I'm hungry."

"Welcome home." Charlotte smiled like a flower and tilted her head in reply.

I'm mortal