Chapter 164: Back to the Black Cauldron
A few short sentences of conversation didn't give Dane time to react, and he instinctively wanted to talk a few more words, but he looked at the ladies in the queue to pick up the crowd, so he had to make another appointment to communicate later.
Seeing Dane leave with a blank face, Hall threw Renard an approving look, and the other party responded with a slight bow, and then caught up with the former and walked away together.
In fact, he doesn't mind Leeds United going into the senior league and even winning the FA Cup by writing a script and playing match-fixing, provided he doesn't know all about it.
Sports scandals have always been prone to strong negative public opinion, and the decent man Mr. Hall does not want to tarnish his reputation because of this.
Even if Dane wrote an autobiography after retiring from his old age, the most he could have revealed was that he was in trouble with Leeds United's then CEo, Reynard, who played match-fixing. And it must be noted that this is when the young Lord Hugo Hall has explicitly refused and been deceived by them.
"Maybe the Leeds United staff should add a little bit of a year-end bonus." Hall thought to himself.
Comrade Renard fully carried forward the excellent spirit of having the courage to take responsibility, taking the initiative to act, not forgetting the original intention and mission, and daring to bear the black pot for the boss, which should be commendable.
On the contrary, Aunt Cheryl is a negative example of letting the boss carry the black pot, and she must be severely punished to set an example!
However, before that, he still had to cooperate with his dear godmother to solve the trouble first......
Hall sighed sadly, cheering up and glancing at the ladies in front of him.
"It is said that His Excellency Hall has prepared millions of dollars in year-end bonus checks, I wonder how many we can get?"
Aunt Cheryl, who looked cool in a motorcycle costume with hiking boots on her feet, was the first to provoke the conversation, and she gestured and said in a high-spirited manner: "Ten million, this year's magic school uniform sales are 10 million pounds, and our achievements are no worse than your career!" ”
"I really admire, please keep up the good work and try to help me earn a private jet next year." Hall thanked him earnestly.
A rough estimate of 10 million sales shows that the sales volume of magic school uniforms is roughly counted in units of '100,000', which is indeed very good for a clothing brand with high pricing for the mid-to-high-end niche market.
After deducting various costs, the 50% copyright of the magic school uniform owned by him can get close to two million pounds in dividends.
From this point of view, the profit margin of the magic school uniform, including the entire Margaret clothing brand, can be called a huge profit, and the future is bright.
So Hall did prepare a "generous" and special year-end bonus for this.
"If you want, my dividend this year + 50% of the copyright of the magic school uniform will be used as a stake in the Margaret clothing brand."
He walked past Aunt Cheryl and said to Lady Margaret Howell herself, who was standing beside her.
Margaret raised her eyebrows in surprise, then lifted her glasses and was silent, while several other company executives also made eye contact with each other and remained cautiously silent.
The atmosphere fell into an inexplicable silence, Cheryl unconsciously hugged her shoulders, and said thoughtfully: "Your AEc capital already holds 20% of the equity of the Margaret clothing brand, and another additional investment may affect the company's valuation and is not conducive to the company's development." ”
At first, AEc Capital held 30% of the original shares of the Margaret clothing brand, and later she successively invested in the Margaret clothing brand at the price of the two boutique stores she owned and the copyright of the other half of the magic school uniforms she owned, and established Cheryl Studio.
and the introduction of Jenny Parkerham's studio, which specializes in haute couture wedding dresses and gowns.
As a result, AEc Capital's stake was diluted to 20%, but the company's overall valuation increased, and the increase in the value of the shares was earned.
Today, in addition to Margaret herself, AEc is still the company's second largest shareholder.
If it is allowed to increase its shareholding too much, there will be a situation where the founder of the company works for the investor, and other investors must carefully consider whether the company is the majority shareholder investor or the original founder has the final say.
This is not uncommon in the financial venture capital industry, and it often affects the valuation of startups.
"No, it's not AEc that has increased its holdings, it's LAp Culture and Entertainment Group's shareholding, which is conducive to raising the company's valuation." Hall's argument sounded weak.
If the last round of financing is regarded as a seed round, and LAp's equity is regarded as a series A financing, then it is true that it can effectively increase the valuation.
But the problem is that the Margaret clothing brand is not short of money for the time being, compared with the illusory valuation, it is obviously more important to feel the visible actual control and profit dividends, and they do not plan to play the route of financial speculation to quickly go public and cash out and harvest.
Cheryl shook her head, turned her head to look at Lady Margaret for advice, and then said with a regretful expression: "I'm sorry, Hugo, your proposal is so sudden, we have to hold a meeting to discuss it seriously." ”
"It doesn't matter, the AEc voted yes to the board of directors anyway, and there is no need to notify Monte to be present for the meeting."
Hall expressed his displeasure in a tough tone, "Please carefully consider how much benefit you can add to the development of Margaret's clothing brand with the copyright to all the magical school uniforms and two million pounds in cash." ”
He finally tried to draw a flatbread again, then said a few words and turned to the next person to pick up the crowd.
Cheryl and the others stayed where they were, helpless, smiling wryly and shrugging their shoulders, not knowing what to say.
It wasn't until Hall got in the car and left the airport that the crowd dispersed.
Margaret came back to her senses and forced a smile and said, "Okay, don't do this, this is not the worst ending for us." At least we have three votes on the board, and he only has one, doesn't he? ”
"Hugo's strong desire to increase its stake is a testament to the fact that we have achieved great results this year. Hugo's problem will be solved by Margaret and I, you don't have to be distracted, you have to prepare for February Fashion Week! ”
Cheryl boosted the morale of several company executives.
The four major fashion weeks are held twice a year, in September and October, the following year's spring and summer fashion week, and in February and March, the current year's autumn and winter fashion week.
The Margaret brand is still dominated by autumn and winter clothing, so the importance of fashion week in February and March is higher than that of spring and summer fashion week.
On the way back to the company, there were only Cheryl and Margaret in the car, and she said softly: "I remember that you and Isabella are friends, right, why didn't you say hello to her just now?" ”
"I'll be a guest at her house tomorrow, and maybe she'll help us lobby Lord Hall. You know, AEc Capital invested in us in the first place because Ms. Isabella helped with the matchmaking. ”
Margaret looked confident, but her tone could not hide a hint of exhaustion.
Cheryl smiled noncommittally, and said "childish" silently in her heart.
Margaret is a good fashion designer, not a good professional manager.
In the past six months, she has tried to take over the management of the company, but the other party has no resistance and retreats, and in the end, she can only hold on to the last bit of power by virtue of her status as the largest shareholder and is unwilling to let go.
In order to avoid the palace fight scene being too embarrassing and affecting the company that is on the rise, she asked Hall to come forward and sing red faces, and forced Margaret to surrender power by making a strong share.
Since Little Hugo has laid out an extremely broad and far-reaching blueprint in the field of culture and entertainment, the Margaret clothing brand cannot be controlled by outsiders, nor can it continue to develop slowly like this.
In both public and private, she had a reason to do so.
And when Margaret rushed like a headless fly and saved the company through Isabella's unconventional financing, she should have foreseen that one day she would be eaten up by unconventional financing.