My 1999
Chapter 398 Fu Thigh
Without Ferguson, they would have been carefully woven by capital and crushed by the ultra-high financing interest rate of nearly 16.2%. How could they be as cool as they were later? Xu Liang's acquisition of Manchester United will not be as stingy as the Glazer family.
But of course we have to copy other people’s success paths.
Sir Alex's thighs should be hugged.
"Mr. Huo, is Hanhua Capital related to Sir Alex Ferguson? Or were you invited by him to acquire Manchester United?"
"We don't know Sir Alex Ferguson well.
The acquisition of Manchester United is the result of our comprehensive investigation. "
"Mr. Huo, what do you think about Mr. Murdoch's failure to acquire Manchester United in 1998? Do you think Hanhua's acquisition will definitely succeed?"
"The main reason why Murdoch failed to acquire Manchester United was because the FA wanted to maintain fairness in competitive sports.
We, Hanhua Capital, are an investment institution. We do not own Sky TV, and the Premier League is the most open sports market in the world. I believe that the Football Association will not reject an investment institution from the East. "
Huo Yan emphasized the word "Eastern" with emphasis.
Many reporters are smart people and quickly understood the meaning of Huo Yan's word "Dongfang".
"Mr. Huo, do you mean that Hanhua's investment in Manchester United will bring the East to the Premier League, especially the Chinese market?"
Huo Yan looked at the bald middle-aged man in front of him with satisfaction.
Not bad, very good.
After clearing his throat, Huo Yan spoke clearly.
"Definitely.
Let me give you a very simple example.
Everyone here should know the American NBA sports league, right? "
The reporters nodded subconsciously.
“Before 2002, NBA games received very little attention in China, with less than 10 million people watching the NBA league every year.
Maybe everyone thinks that 10 million is a lot.
But compared to China's nearly 1.3 billion population, the NBA's audience is less than one percent.
But after Hanhua Capital acquired the NBA Golden State Warriors this year and selected Yao Ming from China with the No. 1 pick, the number of viewers of the NBA league in China has exceeded 30 million in less than half a year, and Still rising.
The same thing must be true for Manchester United and the Premier League.
I think no one can refuse a supermarket with 1.3 billion people.
In this huge market, if only one in 10 people watch the Premier League, there are 130 million.
I can no longer imagine how much benefit this contains. "
Under Huo Yan's guidance, the reporters couldn't help but have a hint of reverie in their eyes.
Very tempting indeed.
"Mr. Huo, as far as I know, China is very poor now. Although it has a large population, it may be difficult to provide too many benefits." A fat bald man wearing a blue shirt said directly.
Huo Yan smiled and said, "Mr. reporter, have you been to China?"
"No."
"Then you should go on an on-site investigation first and then make a conclusion. Otherwise, if the basic facts are lost, the news will lose its value."
After finishing speaking, Huo Yan glanced at everyone and said in a deep voice.
"Dear reporters, China is a large market that is developing rapidly, with an annual growth rate of more than 10%. Although it may not reach the level of England for a long time, it is becoming more and more attractive.
Moreover, anything multiplied by 1.3 billion is a very tempting number.
The Premier League, which has global ambitions, should not ignore it! "
"Mr. Huo, how much equity has Hanhua Capital acquired in Manchester United?"
"34.4%."
Manchester United is a listed company and its shareholding structure cannot be kept secret.
The faces of the reporters changed. They thought that Hanhua Capital must have controlled a lot of Manchester United's equity, but they never expected that it had exceeded 30%, which was too much.
Hanhua is now undoubtedly the largest shareholder of Manchester United.
In comparison, Magnier and McManus combined for only 25.3%.
Scot Dobson owns 6.45%.
Together they are not as good as Hanhua.
Therefore, unless administrative measures are used, Manchester United can already be declared to have fallen into Hanhua's hands.
But with the temptation of the big Eastern market, will the Football Association hinder Hanhua's acquisition of Manchester United?
All the reporters shook their heads inwardly.
They are well aware of the urinary nature of the FA, and as long as there is money to be made, they will never stand in the way.
A press conference made Hanhua Capital resounding throughout England.
Soon, countless media reported all the top and bottom personnel of Hanhua Capital and their investment cases.
Of course, there is also the relationship that Hanhua Capital took the initiative to expose.
After all, others will invest only if you are awesome.
You are mysterious, who knows you are awesome?
Hanhua Capital is at the stage of accumulating reputation and attracting capital, so of course we must take this opportunity to spread the word.
As reports came out one after another, it was only then that the UK, and even Europe, realized that there was such an amazingly powerful private equity firm in the East.
"This press conference of yours is really a miracle. The number of inquiries from Europe has increased more than ten times compared with before the press conference. Half of them are asking about the 'Qinglong Fund'."
On the phone, Jiang Xiaoyang said happily.
"It's expected. The acquisition of Manchester United is the best advertisement." Xu Liang said with a smile.
"How much of Manchester United's shares have you acquired now?"
"36%."
"You acquired more than 20% of the shares in half a month, and now three days have passed and you have only acquired less than 2%?" Jiang Xiaoyang said.
"There is no way, there are too many people who want to take advantage. Investment institutions across the UK are acquiring Manchester United's shares, hoping to take advantage of the opportunity to make a fortune. Even if I have money, there is no share for me.
And I don’t want to be taken advantage of and be exploited by those capitals. "
Jiang Xiaoyang nodded clearly, "What are you going to do next?"
"Let's talk to those two Scots. As long as I acquire 25.3% of his shares, I can control more than half of Manchester United's shares, and then I can bring down Manchester United's stock price.
Going forward, whether it is acquiring from the secondary market or buying the shares of small shareholders, it will be much easier than it is now. "
Once Xu Liang acquires more than half of Manchester United's shares, those stock market snipers who took advantage of the opportunity to make a profit will retreat.
Because the major shareholders have taken control of the company and will no longer spend a large price to acquire the company's shares, the stock price has lost the motivation to continue to rise, and the vultures will naturally not wait any longer.
"Are you sure they will sell it?"
"Of course. Just spend a little more money."
The reason why Glazer's acquisition of Manchester United was successful was the support of Sir Alex Ferguson.
Why would he support it?
This has to mention the 'Rock of Gibraltar' incident that almost all Manchester United fans know.
Rock of Gibraltar is Manchester United manager Alex Ferguson's horse.
The time goes back to 2001, when Manchester United shareholder John Magnier was a famous Irish horse racing tycoon.
He had many horses under his command. Ferguson selected this horse named Rock of Gibraltar on the racecourse and bought it in partnership with John Magnier's wife.
When the ownership was registered, Ferguson's name was not recorded, which left hidden dangers for the future.
The relationship between Magnier and Ferguson became increasingly close, and another Irish tycoon, JP McManus, began to partner to purchase shares in Manchester United, and eventually became the largest shareholder of Manchester United.
Later, the horse began to sweep the tracks in England and the United States, winning a total of 1.8 million euros in prize money.
After being retired in 2003, "Rock of Gibraltar" earned as much as $132,000 per breeding as a stallion.
However, when Ferguson asked John Magnier for the 50% interest in the Rock of Gibraltar, he found that his name was not in the register.
Ferguson was furious and took Magnier and McManus to a Dublin court in 2003.
As the legal dispute escalated and became public, the Coolmore group, led by two major shareholders, mounted pressure on Ferguson in January 2004.
First, they purchased 3.4% of the shares from another major shareholder of Manchester United, Dutch media tycoon De Moor, worth approximately 20 million pounds, increasing their total holdings in Manchester United to 28.89%.
Secondly, the famous "99 questions" were raised at the board meeting in January 2004, openly questioning Manchester United's transfer and financial operations, and threatening to replace Ferguson with Celtic head coach Martin O'Neill.
There were quarrels between the two sides, but the fans overwhelmingly supported Sir Alex Ferguson.
Finally, John Magnier used his trump card. The private detective he hired investigated and found out that Ferguson's son, player agent Darren Ferguson, received a very generous commission in the transaction of American goalkeeper Howard's transfer to Manchester United.
This incident made Ferguson anxious, and he finally decided to settle with the two major shareholders out of court.
However, the relationship between the two parties has broken down to the point of irreconcilability, so Glazer was able to take advantage of this to gain the share of Manchester United's largest shareholder.
Therefore, the Scottish rich will definitely sell their Manchester United shares.
If not now, then next year.
"As long as you have confidence." Jiang Xiaoyang continued: "Is there any response from the FA?"
"We have called, but they are still discussing internally, and there is no accurate news yet. For now, no news is good news."
"Hmm. Where is Manchester United?"
"I'm getting ready to go over for a visit." Xu Liang said with a smile.
"It seems that you are already confident about acquiring Manchester United."
"Almost. By the way, how much money has Kunpeng Fund raised so far?"
"With the good demonstration effect of Bill Gates and your promotion this time, we have raised another US$800 million during this period. It is estimated that by the end of the year, even if it does not reach US$1.5 billion, it will not be much different. "
Xu Liang said, "This money will stay in the account for now, don't invest it."
"Why, are you also afraid of risks?"
Xu Liang responded with a smile and didn't explain much.
risk?
Where else are the risks?
In September of this year, George W. Bush began to have a verbal spat with Uncle Sa. Although the conflict has not gone off the rails yet, the situation has already begun.
He is not investing now, he just has other ideas.
After chatting for a while, Xu Liang hung up the phone.
Lu Hui came over.
"Mr. Xu, the Golden Eagle is ready."
Xu Liang nodded, "Let's go to Manchester."
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