Chapter 3203: Can only expand but not shrink
The merger of Didi and KuaiDi has been finalized.
For Zhou Buqi, it was a task completed, at least he no longer had to worry about this business. Then, he and Boss Ma went south to the Magic City and met the father-in-law of the Shi family to talk about football.
This is also simple.
It was Zhou Buqi's decision. The father-in-law of the Shi family was very clear-headed and knew the son-in-law's level and vision. He could make his own decisions on small matters. But on some of the most critical decisions, he always respected his son-in-law's opinions.
For example, the Shi family's father-in-law didn't understand the shrinkage of Taizun's real estate business two years ago, but he still followed his son-in-law's request and began to reduce investment and focus on debt settlement. This has led to a slowdown in Tai Zun Real Estate's growth and less than satisfactory growth in its stock price.
But looking at it now, I seem to have understood it.
Even the most popular Internet industry has begun to continuously integrate various industries. They are merging, merging, and merging again, and want to stay together for warmth... The capital winter has come, and the economic downward trend has become obvious.
In response, relevant departments have also successively introduced favorable financial policies, which greatly promoted the popularity of the stock market, and a bull market also broke out.
But, how long can this last?
Shi's father-in-law is not jealous of the real estate companies that have soared in the bull market. He prefers long-termism. The Shi family in Huangputan is a big family with a century-old heritage. Although it was miserable for a while, it soon turned around after surviving.
The Shi family is not a nouveau riche. They only care about temporary prosperity.
But the long-term upper class.
This son-in-law has been helping him, paving the way and building bridges for him... This time, even the famous Boss Ma was invited.
Regarding the handling of the football team, Zhou Buqi gave Boss Ma the choice.
1. Invest 1.5 billion yuan to acquire the Modu Taizun team and own 100% of the shares;
Second, invest 1.5 billion yuan to invest in the Magic City Taizun Team, owning 50% of the equity.
Anyway, Alibaba has to invest 1.5 billion.
In the past few years in the football industry, Taizun Real Estate has invested a total of 1.5 billion yuan in the club and provided it to the club in the form of loan. It must be guaranteed.
After all, it was Boss Ma's first time doing football and he was afraid of being fooled.
Another thing is that Mr. Song from Greentown Real Estate is causing trouble.
Greentown is also a strong team in the Chinese Super League, located in Boss Ma’s hometown. Logically speaking, he should support local football. But Boss Ma had contacted Mr. Song and felt dissatisfied. Firstly, the Greentown team is too weak and not worthy of the "Taobao" brand; secondly, Mr. Song's asking price is too high, which is not cost-effective.
So this cooperation failed.
Of course Mr. Song didn't give up and kept in touch with Boss Ma.
I suggest him not to get involved in football. If he gets involved, he will definitely regret it!
Of course, a man as confident as Boss Ma would not believe it. Not to mention Mr. Song, even Boss Zhou couldn't persuade him. But Mr. Song's words still made Boss Ma wary and felt that he shouldn't rush too hard.
Don't come up and buy it outright.
Get 50% of the shares first and see the situation first!
The matter is settled.
The three of them sat down and talked for less than ten minutes before finalizing the deal.
Zhou Buqi smiled and said: "I've never seen anyone like you. They also invested 1.5 billion. They don't want 100% of the equity, but only 50% of the equity."
This is actually a joke.
Because the nature of the two is different.
If it is an acquisition, Ali invested 1.5 billion yuan to own the team, and the money would be credited to Taizun Real Estate. In the future, if the team still needs to develop and survive, Ali will need further investment. It will lose hundreds of millions every year, and it may become a bottomless pit.
If it is a stake, Alibaba will invest 1.5 billion yuan and only own 50% of the equity. This 1.5 billion yuan is the nature of investment. This money will not go into Tai Zun Real Estate's account, but will stay in the club's account for the development of the team. Before burning all the 1.5 billion yuan, Alibaba does not need to invest any more, and the risk is small.
Boss Ma said: "The team's annual deficit is so big, what should we do?"
The father-in-law of the Shi family said: "It depends on the team's development ideas in the next few years. If certain compromises are made, it is not impossible to maintain a balance of payments and even create some profits."
"Oh?" Boss Ma is now half a master, "What's the strategy?"
The father-in-law of the Shi family said: "Shrink the business and sell the core players in the team. Several foreign players in the team are all good players who have proven to be effective in the Chinese Super League market and the AFC Champions League market. They can be sold in the transfer market." Offering a sky-high price, that Brazilian player Hulk... Evergrande made an offer of US$50 million to buy him.”
"So high?"
Boss Ma was shocked.
The father-in-law of the Shi family smiled and said: "Hulk can be said to be the biggest star in the Asian market now, including many European teams who want him. But... you know, he is Brazilian and he prefers money. , and his lifestyle is not very good.”
Zhou Buqi was also very concerned about this matter and said sadly: "Well, that boy is really a bit stupid. He divorced his wife and then married his wife's niece. The niece seemed to have spread the good news, saying that she was pregnant. ”
"Well……"
Boss Ma twitched the corner of his mouth, thinking that Brazilians are good at this.
Shi's father-in-law said with a smile: "However, his private life does not affect his performance on the court. He is the number one ace in the Chinese Super League. In addition, the other three foreign players are also very capable, and their transfer values can reach 20 million-30 million US dollars. The salaries of these four foreign players are extremely high, accounting for 60% of the team's total salary, reaching 300 million Chinese dollars. If these foreign players are sold, not only can they earn a large amount of transfer fees, but they can also be greatly reduced. expenses, you can quickly balance your expenditures.”
"If you sell everything, won't it affect your grades?"
Boss Ma has been in business for so many years, and he knows the value of core members of a team very well.
20% of the core members can create 80% of the contributions.
A rough calculation shows that these four foreign players made 80% of the contribution, and their income is 60% of the total salary, which is still low!
If this is a big sale, salary expenses will be reduced, and the team's capabilities will be greatly reduced.
The father-in-law of the Shi family nodded, "The results will definitely be affected. Let alone competing for the Chinese Super League, it is impossible to even qualify for the AFC Champions League. However, we have a good youth training echelon guarantee and foreign aid channels. We can sign several With a high-quality and cheap foreign aid, I estimate the team can maintain a mid-level level.”
"That's not okay!" Boss Ma, who is not stupid, flatly refused, "As soon as I took over, the team began to shrink in size, and the team's performance dropped significantly. Will I not be scolded by fans across the country? Moreover, only Only the best results can be worthy of the 'Taobao' brand."
Shi's father-in-law said: "If we maintain the status quo, the club will lose at least 300 million every year."
Zhou Buqi said: "In the long run, this is not the right choice. The signal of capital is already obvious. Not even the national power can stop this trend, let alone the football industry. The current Jinyuan Football is The fire cooks the oil. It looks so vigorous. Once the oil is burned out, there may not even be any flames. "
Boss Ma sighed, "The side effects are really obvious."
During the subprime mortgage crisis, Europe and the United States were almost in ruins.
Domestically, it has shown institutional advantages and maintained a very good development momentum.
Now, Europe and the United States have completely emerged from the economic crisis and have fully recovered.
The sequelae here in China have become obvious. The most important one is serious overcapacity. If you want to reduce production capacity, you have to go to war or expand exports. There is no war in Crimea, and the situation in the Middle East is also very stable. The most beneficial way to stimulate exports is currency devaluation. Once the currency depreciates, US dollar funds will be unwilling to come, and the capital winter is coming.
Zhou Buqi had been paying attention early in the morning.
In fact, it was even more obvious after the plague.
Shi's father-in-law said very cautiously: "Taizun Real Estate's business is shrinking. If the team wants to further expand in the future, I may not be able to do anything. Maybe we need to introduce more strategic partners. Or control the club's financial status.”
"Even if it's a shrinkage, we have to wait until two or three years later." Boss Ma glanced at Zhou Buqi and said, "Don't use me as a target. I don't want to be the target of fans venting on the team's shrinkage, which will lead to a drop in performance."
Zhou Buqi laughed and said: "Where are you thinking? Maybe it's a good thing!"
"Good thing?"
"Break and then stand! Stay stable now. After they are all broken, our team can stand and survive before we can stand up again. By then, we will really have no opponents and can be invincible. By then, fans You will feel that Boss Ma is far-sighted and has made preparations in advance.”
"Let's take a look first and then talk."
Boss Ma will not be fooled. After he takes charge of the team, the team can only expand but not shrink within a few years. This is related to his reputation.
