Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 206 Obstacles to the acquisition of Manchester United

Sure enough, it was not beyond Zucker's expectations.

The next day, media and newspapers and magazines across the UK published articles about Zhuke's threat of acquiring Manchester United clubs, all of which were front page headlines.

Especially in the morning that day, Zucker personally met with the chairman of Manchester United club, which made countless media excited.

"Toutiao! If this weren't a headline, then what else would be a headline!" After taking the photo, Mitchell, an external reporter from the Sun, jumped around excitedly.

At this moment, whoever grabs the photos first will win sales!

Of course, the reporter Mitchell was very excited. After taking the photos, he immediately called a person in charge of the Sun.

"Eddie, I'm Mitchell!"

"News, of course, are big news! American entertainment tycoon Zhuke meets with the chairman of Manchester United club. Is this big news? Yes, right in front of me."

"Photo? Of course I have it!"

"But how much money can you give me? Man, although I am just an external reporter, I have a bottom line. Don't want to buy me for £1,000 and tarnish my professional ethics!"

"No, no, no, I think £3,000 is more in line with my price."

"If you are not happy, forget it. I will contact Old Hodford of Mirror Weekly, or Pienno of Edinburgh... Hahaha, you are smart, Eddie. This is big news!"

.........

Half an hour later.

Zucker ended his conversation with the Manchester United club chairman, surrounded by bodyguards, got on the car and quickly left the place.

"Alexander, you will meet with Mr Thurman of the FA in my name later to test the FA's attitude." Zucker said in the car.

"Okay, boss." Alexander responded.

If you want to acquire a Premier League team, even the English Championship and English League One teams, the FA will definitely not be able to avoid it.

For example, if you acquire the NBA team, the NBA official league has the right to stop trading operations at any time.

Therefore, if Zhuke wants to acquire Manchester United, he must first understand the attitude of the FA. Otherwise, even if Zhuke and Manchester United shareholders reach a deal, the deal will be invalid once the FA opposes it.

The reason why Russian billionaire Abu was delayed for three years in 2003 was that the fans opposed the opposition, but the FA's delay was also the key point.

"I don't want the transaction to fail because of the FA's problems!"

After returning to the hotel, Zhuke's acquisition team comprehensively introduced Zhuke's acquisition plan and details.

Money is definitely the most important thing!

"Boss, Arsenal, who won the Premier League championship in the 97-98 season, even so, Manchester United's market value is the highest among the Premier League clubs," said barrister Zhang Wei.

Zhuke waved his hand: "You just said how much does it cost?"

“400 million to 600 million pounds!”

Upon hearing this, even though Zhu Ke had already predicted it, he couldn't help but be amazed at this moment.

"There are quite a lot!"

You should know that except for Manchester United, Arsenal, Liverpool and other Premier League giants, ordinary Premier League teams have a market value of around 100 million pounds in 1998.

In 2003, Abu bought Chelsea for only 230 million pounds, of which 80 million pounds were used to repay the team's debts, which means that the actual cost of buying Chelsea was 150 million pounds.

Teams at the end of the Premier League such as Coventry and Southampton have even less market value, which is 70 million pounds after suffocating.

Manchester United's price is much higher than ordinary Premier League teams.

"Boss, we don't have that much cash reserve, but we can completely use financing and leveraged acquisitions to complete the acquisition of Manchester United club." Zhang Wei suggested.

Zhuke nodded, showing his understanding.

In fact, in 2007, the Glazer family in the United States used US$100 million in funds to leverage the financial market and achieve an acquisition of Manchester United.

Of course, this kind of financial means has both advantages and disadvantages!

The advantage is that the initial expenditure is less;

The disadvantage is also obvious, that is, huge debts have to be paid back every year;

In 2007, after the Glazer family acquired Manchester United, the annual funds used for transfer fees decreased year by year, resulting in the attractiveness of big-name stars far behind the two giants in La Liga. This also directly affected Ronaldo's later departure.

To put it bluntly, it’s all about money!

Does Zhuke have money?

Of course it's very rich!

However, Zhuke cannot use all the working capital and personal deposits of Jin Shuguang Entertainment Group to purchase Manchester United clubs, which will have a great vicious impact on the group's operations in the next few years.

——Leveraged acquisition!

Zhuke doesn't rule out using this method!

After all, this is just a financial means and does not violate the law and morality.

.........

In the following days, Zucker met with the FA executives several times and talked with them about their development plans for Manchester United's club after acquiring Manchester United.

However, the result is not ideal!

At least 60% of the senior executives of the FA have clear objections.

FA Secretary-General Dottiange: "I don't deny that Juke Wald is excellent. He has gained such an amazing net worth in just over two years. No one can say that he is not good, but football is football after all, and at this point, I can't believe him."

Tomi Lewanski, vice president of the FA Executive Committee, also expressed opposition.

"Juke Wald is so young that his past resume cannot prove that he will be a qualified club chairman."

Well, most senior leaders are against it.

Even the representatives of the British royal family in the FA strongly opposed it!

"Manchester United is the team with the highest market value in the Premier League and the most well-known football club in the world. It is a symbol and pride of our British football. I can't believe what a bad situation will be like after handing it to a young man!"

"Of course, it may be more brilliant, but it is likely to go to a trough or even die!"

"Friends, we can't afford to bet on this bet!"

In this way, when Zucker acquires Manchester United, the first FA voting meeting ended with a 72% opposition vote.

Privately, some senior executives of the FA even sneered at Zhuke and called him "haired boy".

"Damn it~!"

Zhu Ke was a little angry!

I was humiliated~humiliated!

The FA is famous for its inefficiency in Europe. It often lasts for a long time, even for two years. However, it is Zucker's turn that the vote ends in just a few days!

A clean and neat moment at a rare moment.

What is this for?!

"It's too much!" Zhu Ke was really angry.
Chapter completed!
Prev Index    Favorite Next