Chapter 3173 Take over quickly

I heard that Boss Ma was interested in football, and Zhou Buqi became interested immediately.

This is truly a rare opportunity!

The reason why the football business has suffered losses year after year is that the domestic team Modu Taizun Real Estate has suffered the most losses. Although there is strong support from the sponsor Taizun Real Estate, the Chinese Super League has now entered the Jinyuan era. Various large state-owned enterprises have failed one after another. They do not use money as money and have offered world-class sky-high prices to introduce foreign aid.

This resulted in Tai Zun Real Estate’s sponsorship being somewhat insufficient.

Especially in the Jinyuan era, so much hot money has poured into the football industry, which requires big teams like Modu Taizun to deeply cultivate youth training and establish relevant football schools. In the past year, the total investment of Modu Taizun Real Estate reached 500 million yuan, but it was still unable to win the Chinese Super League championship because its opponents bought more powerful foreign players.

The father-in-law of the Shi family also retreated a bit.

I want to reduce my investment amount.

Because even the real estate owners of Tai Zun Real Estate are shrinking their business and are selling off some real estate projects to pay off debts. The pressure is too great to have to spend so much money every year to support a bottomless football team.

Unexpectedly, Boss Ma came forward!

Zhou Buqi immediately seized the opportunity and said with a smile: "Okay, football is great! I have been playing football for so many years, and you can see that the results are great!"

Boss Ma said: "I am also somewhat interested in football."

Zhou Buqi invited: "That's it, don't bother yourself. What's wrong with Greentown is that it's just a relegation team and won't be on the table at all. Even if you acquire it and name it 'Taobao' by then, what's the point?" If you are struggling to avoid relegation, isn’t it embarrassing for Taobao? It will affect your brand value in vain!”

"Well, Evergrande has contacted me."

Boss Ma is so cruel that he wants to engage in football.

"No!" Zhou Buqi quickly stopped him, "I have been doing business for so many years and have basically dealt with all the big companies in China. There are only a few exceptions, and Evergrande is one of them."

Boss Ma laughed.

They are all in the business world and have heard some rumors.

It's also a real estate business, but Evergrande's approach is completely different from Vanke, Wanda, and Country Garden.

Boss Ma said: "I also have some doubts. If it weren't for your team, I might have reached an agreement with Evergrande. He is very sincere and willing to give up 50% of his shares to me. Both parties Share the club and take control together.”

Zhou Buqi said nonchalantly: "What does 50% mean? If you want, I can give you all the ownership of the club Modu Taizun! At that time, you will directly change its name to Modu Taobao Team, and you will represent Chinese football." Go and compete in the AFC Champions League.”

"ah?"

Boss Ma was slightly surprised.

Zhou Buqi said sincerely: "I'll just tell you, Modu Taizun Real Estate Club, you can have as much equity as you want! Is this sincerity enough? There is no need to discuss the price, the team is free Give it to you!”

"free?"

Although Boss Ma is a football layman, he immediately realized that there were huge risks here.

There is no good product for free!

This kid has always been a monkey. Modu Taizun Real Estate is one of the best clubs in the country and has won the welcome of many fans. Last year, he represented Chinese football and won the AFC Champions League trophy for the first time. !

Such a valuable asset should be given away as soon as you say it?

Zhou Buqi smiled and said: "That's right, the team has a debt of 1.5 billion. If you want to take over the club, you don't have to pay a penny, just bear all the debt."

"Such a high debt?"

Boss Ma discovered the mystery.

Zhou Buqi said: "These debts are mainly owed to Taizun Real Estate. Domestic football teams have little profitability. Their annual income is less than 100 million, but their expenses are hundreds of millions. Such a large deficit will definitely require Only if there is debt from the parent company.”

Domestic football team transfers are basically free. Because the domestic teams are not valuable at all and have always had negative equity, it would be good if they could go out for free.

What’s expensive is the team’s debt.

That is the debt the team owes to its parent company.

The reason why many team transfers fail is because the acquiring party is unwilling to accept the club's huge debt. As a result, some teams just won the Chinese Super League championship the year before and went bankrupt the next year.

Just like Zhou Buqi wanted to sell the Modu Taizun Real Estate team to Boss Ma, seemingly for free.

In fact, if Boss Ma wants to buy it, he needs to pay 1.5 billion yuan to Taizun Real Estate to settle the debt.

Boss Ma was frightened by Zhou Buqi's rhetoric, "So this is how you play football, no wonder the national football team is not good." Zhou Buqi said angrily: "What are you and ours? Manchester United is my masterpiece, if you If you know football, just look at Manchester United’s results after I took over! Last season, Manchester United won the Premier League and Champions League triple crown!”

Boss Ma pondered for a moment and said slowly: "I understand. I'll think about it. Wait for my news later."

Zhou Buqi smiled and said: "No problem, as I said again, any transaction is fine, it all depends on you! To be honest, I have too many teams in my hands, and I am not short of this one, Modu Taizun, let me give it to you It’s nothing!”

…

Zhou Buqi was very happy.

It's great to have a taker.

I went to the Sydney Club and met Sandoko and Rangnick. They are the two people in charge of Zhou Buqi’s football business. One is in charge of business and the other is in charge of technology.

The main thing is to discuss whether to sell the team.

From the perspective of football, Rangnick said: "In the past two years, we have introduced many strong players to the team and promoted several young players. The foundation is very solid. Even if we keep the status quo and do not increase investment, we can have a strong period of 3-5 seasons. If we do not increase investment, I believe the team can generate profits."

San Dezi said: "Even if there is a profit, it will not exceed 1 million Australian dollars a year. From a business point of view, this profit is not worth mentioning."

Zhou Buqi asked: "How much did we invest in this team?"

"12 million Australian dollars, mainly used for signings." San Dezi smiled, "But this cannot be considered an investment. This is the debt owed by the group to the team. If the buyer wants to trade, he must bear this part of the debt together. I have talked to him and it can be repaid in installments over 10 years."

Zhou Buqi saw what he meant, "Do you mean to sell it?"

San Dezi said: "It must be sold!"

"Why?"

"This team is called Sydney. We have communicated with the fan organization many times, and they do not allow the name to be changed."

"Yeah."

Zhou Buqi nodded.

If the name cannot be changed, then it is meaningless.

If it is a European team, it is fine that the name cannot be changed, after all, the football industry there is more mature and has a broader space for growth. The profitability of these teams in the United States, South Korea, Japan, and Australia is extremely poor, and it is good enough to be able to break even.

The real value is the team's naming rights, which can use the team's influence to maximize advertising.

Domestic football teams are also commercial in nature.

If the naming is not possible, then the value of this Sydney club will be greatly reduced.

San Dezi said, "I think the other party is quite sincere. He is a local boss who does mining. He wants to transform his industry into the direction of cultural tourism. He is very anxious and the price is right. If we choose to sell, this project can earn us at least 10 million US dollars."

"Then let him take over." Zhou Buqi didn't hesitate and was too lazy to pay attention to these unimportant small businesses. "I have another job later. Will you come with me?"

San Dezi asked, "What job?"

Zhou Buqi wanted to entrust him with the football business, so he always had to cultivate more trust. He said, "There are several film and television projects that will select a group of actresses here. Do you want to go and take a look?"

San Dezi laughed, "Okay! Let's take a look! Is it Peacock's self-made drama that is selecting actors?"

"Yes."

"Look there."

"Hmm?"

Zhou Buqi looked in the direction he pointed. There was the background of the club's stadium. The seats in the stadium all had the "Peacock" logo.

He is indeed a businessman from Wall Street.

He really made full use of resources and used the seats in the stadium for publicity.

Zhou Buqi smiled and said, "It has a great effect in promoting the team."

San Dezi said, "We should make the most of it before it is sold. Next, I plan to put up big posters of 'Peacock' in various locations on the court. The more publicity we can get, the better."