Chapter 1213 The Benefits of a Leveraged Buyout

The financial tsunami has done more damage to the world economy than the world wars. The whole world is short of money and is borrowing money to restore the economy.

Only local tyrants in the Middle East do not need to borrow at all. The total sovereign funds of various countries exceed 3 trillion US dollars.

There is no end to it.

This was naturally targeted by various forces, and it was a delicious piece of fat.

The reputation of Wall Street is stink, and the biggest beneficiary is SoftBank Group, which is said to have pulled in more than 60 billion US dollars from Saudi public funds and Abu Dhabi sovereign funds.

The local tyrants in the Middle East are also very clear that the future is a world of technology, and the oil business will be over sooner or later. Right now, while the oil business is still booming, we have to transfer the money earned from oil to the technology industry.

The general strategy is the European world, and the local tyrants in the Middle East intend to conquer it in person. Asia and North America still have to be taken care of by others. If Wall Street is unreliable, it can only be Asians.

During this process, many clowns also appeared, playing the local tyrants in the Middle East as fools. The most famous of these is Malaysia's Jho Low.

This buddy inexplicably signed a contract with the prince of the Middle East, and then became an investment bridge between Malaysia, the United States and the Middle East, stirring up tens of billions of dollars.

His personal squandered wealth alone is as much as $2 billion.

The main money is used to buy officials, and personal enjoyment, such as luxury cars and mansions, airplanes and yachts, such as going to Hollywood to meet female stars, pursuing Victoria’s Secret supermodel, investing in Xiao Li’s filming of "The Wolf of Wall Street", and even killing Entered the domestic entertainment circle... I didn't learn well at a young age, and I liked playing female stars.

Later, when the Dongchuang incident was revealed, he was wanted by many countries, but he was not arrested for a long time because he was protected by his American father. He was the one who gave O'Hei the campaign funds. In the past few years of the subprime mortgage crisis, he has indeed helped to attract a lot of funds to activate the US economy and made certain contributions.

Also Asian, this kind of jumping beam clown is completely incomparable with Zhou Buqi. With Zhou Buqi's reputation and status in the business world, even if he can't compare with Softbank's Masayoshi Son, it's not much worse.

Coupled with the support of the US boss behind him, if he wants to start a private equity fund, he may be able to get more money than Softbank.

Zhou Buqi was not in a hurry, and waited for domestic news first.

After being busy for so long, and running several cases such as Marvel, Tesla, SpaceX, Netflix, etc., it is time to take a break.

He took his two little secretaries, Sun Guanran and Feng Muer, as well as Yang Mi, Jiang Bingjie, and Li Xinwan to England.

Go see Burberry's London Autumn/Winter Fashion Week runway show.

well!

I really can't appreciate it, there is no beauty.

Regardless of the design of these clothes, none of these big models are good-looking. Whether they are white, yellow or dark, they all look weird. This kind of luxury fashion show can't be appreciated by non-experts, and it seriously deviates from the public's aesthetics.

Or the fashion show of popular clothing is better.

Such as Uniqlo.

Like Victoria's Secret.

"By the way, has this year's Victoria's Secret Fashion Show started?"

After watching the fashion show, Zhou Buqi lost interest and felt that it was a serious waste of time.

Sun Wanran said softly, "No, I'll be in New York on the 11th of next month."

Zhou Buqi said: "That's good, there's still time. We'll go to New York to watch the Victoria's Secret show, that one can understand."

Sun Wanran curled her lips and said, "It's easier to understand without wearing clothes."

Zhou Qi shook his head and said, "You don't understand this. If you don't wear clothes, you will lack a colorful taste."

In the evening, my parents rushed back to London from Manchester. Dad is also amazing, he found a white female assistant, rented a plane, and flew back.

Zhou Buqi went to pick him up at the airport and looked at his assistant first.

call!

Fortunately, this assistant doesn't look very good.

"Dad, what kind of plane do you have?" Zhou Buqi was dissatisfied.

The father walked over with a smile, looked his son up and down, and felt very satisfied. Seeing several young girls following behind his son made him even more satisfied.

"What happened to the plane?"

"Pheasant plane, it's not safe."

"Don't talk nonsense if you don't understand."

Zhou Buqi said, "Let me buy you an airplane."

Mom was taken aback, "Son, don't waste money, your dad and I don't need it."

"Why can't I use it? It's convenient to travel with an airplane, and it's not easy to rent such a small airplane. The bigger the airplane, the safer it is. Um... don't make it too big, Gulfstream will do."

"No, no, your dad and I plan to go back to China to live. We are not used to eating and living outside."

Mom is a conservative traditional woman.

Zhou Buqi laughed and said: "It's normal not to get used to it. This is the UK. There is nothing but fried chicken and French fries. If you have time, go to the European continent. You will get used to it there. Hire more assistants." , bodyguards or something. Dad, what do you think?"

Dad was unambiguous at all, "Do you still have money?"

Zhou Buqi said: "Yes, it's necessary! It's only natural for my son to spend his money for me. By the way, have you bought a house yet?"

"No, I haven't decided which team to buy yet."

"Regardless of the team, you have to buy a house in London. This is the capital. You can't live in a rural place like Manchester or Liverpool, right? Take advantage of the low housing prices and buy a house first. I bought three properties in the United States. More than 200 million."

"How much?" Dad's voice changed, almost pulling his son's ear like he did when he was a child, "Huaxia currency?"

Zhou Buqi smiled and said: "It must be US dollars. They are all big manors, just like in the movies. You and my mother can go for a walk when you have time. You still have to live for yourself in this life."

Because they didn't buy a house, the whole family could only live in a hotel.

Dinner was very unsatisfactory.

Even if it is a five-star hotel, the food and beverages in the UK are extremely poor.

Zhou Buqi suggested: "Dad, after the team is finished buying, you can come here to watch the football game in the future, and you can bring a chef from China. The British have no pursuit of food, and the soup is too watery and hard to swallow."

Dad smiled and waved his hands, "Not at all."

Zhou Buqi said: "Things that can be settled by spending money are not serious."

"Are you rich?"

"certainly."

"Is it enough to buy Manchester United?"

Zhou Buqi paused for a moment, and said decisively, "It's definitely enough! It's been agreed a long time ago, let alone Manchester United, even if Real Madrid is willing to sell, buying Real Madrid is not a problem. You don't even know that the president of the United States is following me now. You want to send me money behind your ass."

"What nonsense!"

Dad was very angry and funny, thinking that this son was not very good.

Zhou Buqi said seriously: "To be honest, please hire a good chef and a good bodyguard. How much does it cost? Now buy the team first, then buy the plane, then buy you a yacht, A winery or something, and you will break into the top society in Britain in one fell swoop."

It was said that it was bought for Dad, but in fact the property rights belonged to the family trust fund, which improved the social status of the Zhou family in Europe.

Dad waved his hand, got up and left the dining room, and went to the living room.

While walking, he said: "Now we have to make a decision, whether to buy Manchester United or Liverpool. Choose one of the two. These two clubs are sworn enemies. Once the signal to acquire Manchester United is released, it is impossible to get involved in Liverpool. If Liverpool The fans knew they were United's backup and they had to rebel."

Zhou Buqi said: "You can buy whichever you like, I respect you."

Dad looked at him intently, "Is the money okay?"

Zhou Buqi said generously: "Money has never been a problem."

Dad nodded, "If your funds are tight, buying Liverpool is the right choice and costs less. But if you have sufficient funds, it will be easier to buy Manchester United. Liverpool's shareholding structure is too complicated. The boss is not very harmonious, there are several British shareholders, and the relationship between the board of directors is in a mess. Manchester United is much simpler, it is the private club of the Glazer family. After paying for the Glazer family, Manchester United is also taken. Now the whole world They're all against the Glazers, chances are good."

The opportunity right now is indeed great.

When the Glazer family acquired Manchester United in 2005, it caused a burst of controversy and dissatisfaction. But there were also some fluke voices at the time. After Abramovich took over Chelsea, he spent a lot of money, making Chelsea a top giant.

If rich Americans also give Manchester United so much money, then Manchester United will inappropriately dominate the whole of Europe?

Unexpectedly, I ran into a vampire!

The Glazer family used the financial operation of empty gloves and white wolves, and ate Manchester United for nothing under the planning of Wall Street investment banks. The case cost a total of 1.49 billion US dollars, of which the Glazer family only paid 400 million US dollars, and the rest of the money was borrowed.

After buying Manchester United, the $1 billion borrowed was passed on to Manchester United and became Manchester United's debt.

Since then, Manchester United has spent 100 million US dollars every year to repay the principal and interest of the debt, and also pay a certain "consulting fee" to the Glazer family.

A few years ago, Ferguson could still spend 30 million pounds to buy Ferdinand and 35 million pounds to buy Rooney. After the Glazer family took over, Ferguson never had a big transfer deal again. All the money was swept away by the Glazer family.

This not only made Manchester United fans all over the world angry, but also made the whole of Britain angry. Manchester United is the pearl of European football, and it is heartbreaking to be ruined like this.

In other times, it was almost impossible for an Asian to buy a club like Manchester United.

Now it is very possible!

No matter how bad the Asians are, how bad can they be?

Can it be worse than the Glazer family?

Dad came to the UK to investigate for a month and a half, and consulted many people. He is very confident about this, "Now is the only chance to eat Manchester United. Manchester United's ability to make money is too strong. The Glazer family sucks 100 million US dollars every year. Manchester United can still Winning the Premier League title and the Champions League title shows how powerful this team is. If the Glazer family survives the financial crisis, it is impossible for the Glazer family to give up this cash cow. Right now, the Glazer family's business in the United States is not doing well, and the financial pressure is very high. Big. As long as the money is in place, this deal is likely to be done."

Zhou Buqi's eyes brightened slightly, "The Glazer family is Manchester United acquired by a leveraged buyout..."

"right."

"Well, good thing!"

"Good thing?"

"Rate of return, oops, this is finance, you don't understand!"

Zhou Buqi suddenly felt that the acquisition of Manchester United by the Glazer family through financial operations of leveraged transactions would be a huge advantage for him to annex Manchester United in the future.

If the Glazer family was not a leveraged buyout, but a wholly-owned buyout like Chelsea's Abramovich, it would be troublesome.

In 2005, they paid 1.49 billion U.S. dollars to buy Manchester United. Today, even if the premium is 50%, it is 2.2 billion U.S. dollars. Zhou Buqi couldn't afford the money right now.

But leveraged buyouts are different.

The Glazer family only contributed 400 million U.S. dollars, and the rest of the money was Manchester United's debt. This is easy to handle. The Glazer family spent 400 million U.S. dollars. After a few years, even if the premium is 100%, it is only 800 million U.S. dollars.

The family fund account controlled by Zhou Buqi still has nearly 1 billion US dollars, enough!

Huge debts are paid off slowly.

Back then, the Glazer family adopted the notorious leveraged buyout method, and the notoriety was borne by themselves, but the benefits could be enjoyed by Zhou Buqi... Well, this deal is a good deal.