Chapter 261 F1 Group

As for the properties in Kolo, Barron specifically registered an offshore company called West Africa Industrial Holding Co., Ltd., which holds Protector Military Services and West Africa Mining. of shares.

In Ireland's Protector Security Company, DS Holdings holds 60% of the shares and Protector Military Services holds 40%. It seems to be a cooperative company of both parties.

Speaking of the Protector Military Service Company, they had already contacted Jamei Bongo at the Munger base. Under the temptation of taking charge of power, although they knew that he would in fact only be a puppet of the Protector Military Service Company, Jamei Bongo Bongo agreed to cooperate with them without hesitation.

After all, the struggle for power has always been ruthless. After the death of Sheikh Hassan, the only two people in the Kolo Liberation Front who were more prestigious were Sheikh Hassan's aide-de-camp Sassou Biya and him. But the problem is that Sasu Biya has always been in the army and has an advantage over him.

But the problem is that Jammeh knows Sassou Biya very well. He is not too broad-minded, and the two of them had conflicts before because of some financial problems. So it is conceivable that if he comes to power, He himself will definitely not end well.

So by cooperating with the Protector Military Company, on the one hand, at least on the surface, he can have power, and according to the other party, he is very likely to become the president of Kolo after the coup is successful.

On the other hand, it is also because Jammei wants to protect himself. He now has a family and children, so he has to consider these things.

So what follows is a matter of course. Under the arrangements of the Protector Military Company, Sassou Biya died of a "stray bullet" in a conflict with the Free Kolo Alliance, while Jammeh quickly He took control of the army and became the new leader of the Colo Liberation Front.

As mentioned before, when the soldiers of the Colo Liberation Front withdrew from the front line in the Central District to the grassland area, they passed through the territory of two other anti-government armed forces. They clashed with them because of the competition for property. This also caused more than 1,000 people. Of the 1,200 Colo Liberation Front soldiers, only more than 1,000 were left after returning to the grassland area.

Sassu Biya was among these soldiers at the time. He had some grudges to begin with. During that conflict, his section was raided and he fled in a very embarrassed manner.

And now that the leader of the Kolo Liberation Front, Sheikh Hassan, is dead, in order to compete for the position of leader, he definitely hopes to control the military power.

Therefore, taking advantage of this incident, he led his men to fight with the Free Kolo Alliance first. In his opinion, the Free Kolo Alliance needed to deal with the government forces in the south, and there were not many troops left behind. He took advantage of this opportunity. , in the name of "revenge", win a victory first, so that you can consolidate your prestige in the Colo Liberation Front, control the military power, and assume the position of leader.

He originally had a good plan, but he didn't expect the "stray bullet"...

After the death of Sassou Biya, the Colo Liberation Front retreated in defeat with superior strength but no one to command.

Their total strength once again fell below 1,000.

At this time, Jammeh Bongo, who was supported by the Munger base, successfully took control of the Colo Liberation Front and became the leader of this armed force.

After becoming the leader of the Colo Liberation Front, Jammeh appointed Markel Paulson, the head of the Munger base, as the military adviser of the Colo Liberation Front and took over the military power of this armed force.

Next, Markel Paulson quickly reorganized the remaining Colo Liberation Front soldiers, removing the old, weak, sick and disabled, leaving more than 800 strong men.

Then 300 local black soldiers originally employed at the Munger base were added to the Colo Liberation Front, and most of them occupied the positions of grassroots officers of this military force.

Among the 300 black soldiers who performed best, Haftar, who had certain military qualities, was appointed as the brigade commander of this force - well, according to Markel Paulson's plan, these soldiers of the Colo Liberation Front , that is, it can only form a brigade, no more.

Of course, such an action would definitely touch some officers of the original Kolo Liberation Front, especially some of them who were former close associates of Sheikh Hassan and Sassou Biya.

However, these gangsters didn't have much money in the city, and they didn't have the guts to do anything. As soon as they said this, they started to make a fuss.

So after "friendly negotiation", these thorns were quickly cleaned up.

By this time, the Protector Military Company had complete control over the armed forces of the Colo Liberation Front, and Jammeh Bongo became the nominal leader of the Colo Liberation Front.

Next, according to the plan, they began to divide into two groups.

Among them, Markel Paulson helped Haftar start reorganizing and training soldiers.

On the other side, 100 elites were selected from Munger Base and the previous 300 black soldiers they hired, plus 10 special operations team members - now, the most elite special operations team of the Protector Military Company The number of personnel has been expanded to 10 people - and rehearsals for the "coup" have begun.

Based on the information they obtained, including a map of the capital Loti and a floor plan of the presidential palace, they began to conduct targeted exercises.

…

After Pioneer Sports acquired 75% of SLEC's shares, Lehman Brothers and JP Morgan Chase, which held the remaining 25%, finally couldn't sit still.

After they condemned Bernie and Pioneer Sports for their "unethical" sneak attack, they finally recognized the reality and began to sit down and negotiate with them about the disposal of the 25% of SLEC shares... …

Lehman Brothers and JP Morgan Chase claimed that in 2000, Bernie sold 75% of SLEC's shares to the German Kirch Group for $1.6 billion, so if they wanted to buy their 25% According to the price equivalent to more than 1 billion pounds at that time, at least 350 million pounds should be spent to purchase the shares.

Bernie, on the other hand, ignored their statement at all and wanted to make money on the exchange rate difference with me. At that time, the exchange rate of the British pound to the U.S. dollar was 1.5, and now it is almost 1.8.

Besides, he only paid 200 million pounds for selling 25% of his shares. How could he give more to the Americans?

Anyway, the maximum price is 200 million to buy your shares. Of course, you don’t have to sell them, so just keep them. We’ll see if you can make money from this...

You know, Pioneer Sports now controls 75% of SLEC's shares. They control the company and have countless ways to transfer the benefits that should originally belong to SLEC.

If it were anyone else, I'm afraid it wouldn't be too ugly due to reputation, but if it were Bernie Ecclestone, it's really hard to say.

Besides, the two American banks, as creditors of Kirsch Group after its bankruptcy, received very low consideration for these shares. Therefore, after some entanglement, they finally agreed to sell their shares for 200 million pounds. SLEC shares.

In this case, Pioneer Sports has finally completely taken over SLEC, which has the 100-year right to operate the F1 event.

After completing the transaction, they changed the name of SLEC to Formula One Group (Formula One Group, referred to as F1 Group).

After all, the original name of SLEC was Slavica Ecclestone Corp. , where Slavica is the name of Bernie Ecclestone's wife. After being acquired by Pioneer Sports, this company name is no longer suitable.

Of course, merit must be rewarded. According to the previous private agreement between Barron and Bernie Ecclestone, after he helped Pioneer Sports complete the acquisition of SLEC, in addition to receiving the 200 million to purchase 25% of his shares, In addition to pounds sterling, you can also get 10% of the shares of the acquired company.

Therefore, in addition to serving as the CEO of the F1 Group, Bernie will also receive 10% of the company's shares. Otherwise, he would not have been able to sell it to Pioneer Sports at a "low price" of US$200 million. of shares.