Football giants

Chapter 641 Creditors come to the door
RS Corporate Office, Manhattan, New York, USA.

Real estate tycoon Stephen Ross led a team of assistants, pushed open the door of the meeting room with a bang, and walked in one after another.

This made Matt Higgins and Charlie Stillitano who were sitting inside a little at a loss, with surprise in their eyes, obviously feeling that the atmosphere was abnormal.

Usually, when Stephen Rose came to RS Company, he would either come alone or bring bodyguards, but it was rarely like today. He brought not only bodyguards, but also his personal representative lawyer and the most powerful accountant beside him.

What does it mean?
Could it be that he is here to clear all the debts and bills of RS Company?
Matt Higgins looked at Charlie Stillitano, as if asking, isn't this suspicious of us?

Charlie Stillitano raised the corner of his mouth and shook his head, saying that he would wait and see what happened.

As soon as Stephen Ross walked into the meeting room, he sat down in the top seat with a carefree attitude. The lawyer and the accountant sat on the left and right sides of him, which happened to separate Matt Higgins and Charlie Stillitano.

This made the latter two feel a little offended.

It was agreed to be a partner, but what does it mean to do this now?
"I'm here, you are so anxious to find me, what's the matter, you can talk about it now!"

Stephen Rose chuckled, shrewd in those slender eyes behind his gold-rimmed glasses.

Matt Higgins glanced at Charlie Stillitano, who nodded, indicating that he could start.

So, Matt Higgins coughed heavily, "It's like this, Stephen, in order to organize the North American Invitational, we rented hotels, training grounds and stadiums for each participating team. At that time, we only paid the down payment. According to the terms of the contract we signed at the time, after the event, we should..."

Before Matt Higgins finished speaking, Stephen Rose raised his hand.

"Matt, I understand what you mean. Since we signed the contract at the beginning, we should act according to the contract. I don't think you need to ask me about this kind of thing, right?"

Both Matt Higgins and Charlie Stillitano suddenly realized that this matter was tricky.

"However, Stephen, after our income has been paid to Chelsea, AC Milan and other teams for appearance fees, as well as the expenses for the preparation stage of the previous competition, our income has already..."

What Matt Higgins means is already very clear, that is, the company is out of money!

Stephen Rose laughed when he heard this, "What did the bank say?"

"The several sums of money we have borrowed in the past few years have not yet been repaid. I am afraid that no bank is willing to lend us any more!"

"Then you mean..."

Matt Higgins is still young, inexperienced, and somewhat speechless.

Charlie Stillitano has also been in the American sports world for many years. The reason why RS Company was able to invite so many European giants to participate in the previous North American Invitational Tournament was all due to his relationship and operation.

Usually, this type of people will have a thicker skin.

So, seeing that Matt Higgins couldn't speak, he took it.

"Stephen, we have agreed before that the first few years of preparation for the event will definitely lose money. No event can make money from the beginning, not even the FIFA Club World Cup, and you promised at that time that you will be responsible!"

This is also a key part of their cooperation with Stephen Ross!
In the final analysis, the three people are a combination of interests, not a complete monolith.

After hearing this, Stephen Ross also nodded, "Yes, you are right, but what you two told me at the time was that this event will be able to take care of its own profits and losses, and even make a little profit in at most five years, but what about now?"

Charlie Stillitano and Matt Higgins looked at each other, feeling the helplessness in each other's eyes.

There is a saying that goes well, poor and lowly couples are sad for everything.

When the company was developing well, everything was easy to talk about and solve, but now that the company encountered problems, all the contradictions immediately surfaced.

Last year was a little bit better, after all, last year's situation was not bad, but this year is completely over.

Because the schedule of the North American Invitational Tournament overlaps with the schedule of the International Champions Cup to a large extent, as a result, the combined attendance of all the games in the North American Invitational Tournament is less than 7 people, which is not enough for the average attendance rate of the International Champions Cup.

Thinking about it makes people want to call their mothers, because the difference is too big!

Only Charlie Stillitano and Matt Higgins understand that, in the final analysis, the operation team of the International Champions Cup is too good, and they have invested real money to invite the top European giants to participate, which in itself has a very high market appeal.

Under such circumstances, the rational approach for the North American Invitational Tournament should be to avoid its edge, adjust the schedule, and miss the International Champions Cup. After all, they have drawn up the schedule as early as February, obviously to tell you, avoid me.

But at the beginning, Stephen Ross resisted all opinions and was determined not to reschedule. He must fight against the World Champions Cup.

Well now, it's a crushing defeat, right?
Charlie Stillitano felt very helpless, because Stephen Rose's tone was obviously blaming the two of them, obviously trying to shift the responsibility of the North American Invitational's successive losses to them.

But what can they do?
"Okay, Stephen, what do you think now?"

"What else can you think?" Stephen Ross felt funny. "We have a total of [-]-[-] million debts outside, and now there are creditors chasing the door, or, our three shareholders will invest another amount of funds according to the proportion of their shares, but whether to continue to operate next year is another discussion."

"Either we all pat our butts and leave this mess to the courts to clean up. Let's do whatever we want, and be happy and carefree!"

Charlie Stillitano couldn't stand it anymore, and stood up, "Are you going to declare bankruptcy and dissolve the company?"

"Or else?" Stephen Ross asked back.

Charlie Stillitano's expression of grief and indignation made Matt Higgins also find it unbelievable and difficult to accept.

They are different from Stephen Ross. The latter is only responsible for paying the money, but they have invested a lot of effort and energy in this company. If they declare bankruptcy and dissolve the company now, not only will their reputation be ruined, they may bear some debts and legal responsibilities.

If one is not handled well, their contacts in the sports world may be completely offended, and they can't expect to continue to hang out in this circle from now on.

"Charlie!" Stephen Rose looked at Charlie Stillitano, "Let's just open the skylight and speak honestly, I even brought people over for you, just hurry up!"

"I am very, very dissatisfied with the organization and operation of this year's North American Invitational. Compared with last year, not only has there been no progress, but it is going backwards. They sign new sponsorship contracts every year for the International Champions Cup. The broadcast area is also getting wider and wider, and the influence is getting bigger and bigger. But what about us?"

Both Charlie Stillitano and Matt Higgins were left speechless.

"No one cares about the broadcasting rights, and the sponsors are running away one by one. Our current income in this area is pitifully small, so the losses are getting worse and worse. Tell me, how long will we last?"

No one can answer this question.

But Charlie Stillitano and Matt Higgins, who are in charge of investment promotion, are depressed, because many things are not caused by their problems, such as broadcasting rights.

You have to arrange the schedule to overlap with the International Champions Cup, the result is good, how can other TV stations broadcast two different football matches at the same time?
The final result must be between the two, choose the event with the highest ratings for live broadcast!
Ever since, people have chosen the International Champions Cup one after another. Even if you can say it, what can you do?
Broadcasters are like this, aren't sponsors also like this?

When the schedule is scheduled, it is very important for an event!

Haven't seen how much work has been done to arrange the FIFA Club World Cup in December?How many years have you been coordinating?
Stephen Ross saw that the two of them were silent, shook his head and sighed, and sneered.

"I personally understand that it is difficult and not easy for you to make this decision. You have all put a lot of effort into this event, but you must understand that this is not about feelings. What we are discussing is the operation of a company and the operation of capital!"

When Stephen Ross said this, he sighed heavily again, and then stood up.

"Forget it, I'm the major shareholder, so it's up to me to decide this matter, I have the final say!"

Charlie Stillitano and Matt Higgins looked at each other in panic.

It seems that today he must make this decision!
"Although I have been very happy to have worked with you for the past few years, and we have gotten along quite happily, but unfortunately, I have to make this decision. Regarding this, if you want to blame me, then I have nothing to say!"

At the end, Stephen Ross gave a sly smile and reached for the button of his suit.

"John, Jack, I will leave everything here to you. You know how to deal with it!"

The lawyer and accountant who followed Stephen Ross immediately stood up and nodded towards the boss.

It was obvious that they were already familiar with doing this kind of thing.

Seeing Stephen Ross leave the meeting room abruptly, both Charlie Stillitano and Matt Higgins seemed to have been drained of all their energy.

Because they found that the career they had worked for for many years had completely collapsed in such a short period of time because of a word or a decision from others, which made them feel a very strong sense of frustration.

The company is about to go bankrupt, and they will definitely be in debt. What will they do in the future?
What are they going to use to pay off these debts?

If the partners of RS company heard the news, how would they react?
There are also these two people, a lawyer and an accountant, who obviously want to do everything possible to help Stephen Ross avoid debts and reduce the burden as much as possible.

They have heard of such tricks before, but they did not expect that this is the first time they experience it personally.

But if they really want to do this, they will definitely offend a large number of creditors. After that, how can they continue to mess around in the sports world?
Thinking of this, the two of them began to hate Stephen Ross in their hearts.

He is a real estate tycoon. Although he owns a football team, offending these people in the sports world has no effect on him at all, but they are different. Their careers and connections are all here.

After leaving the sports world, where else could they go?
Could it be that this is really the only way?

Both Charlie Stillitano and Matt Higgins saw the helplessness in each other's eyes.

There was nothing they could do about it.

But at this moment, Charlie Stillitano's phone rang inappropriately.

Strange number, who is it?
Charlie Stillitano was a little scared. He glanced at Matt Higgins, who was very sensitive to data, but he didn't know the origin of the number, and shook his head.

As soon as he picked it up, a man's voice came from the opposite side.

"Hello, Mr. Stillitano, I am the CEO of Miracle Media, and my name is Sun Yue!"

(End of this chapter)