Font Size
15px

So, in order to ensure that Lifan could continue to manage the club, the city governnt initially took a series of appeasent asures, including allocating funds from the Sports Bureau. After all, if Lifan completely relinquished control of the club, the city governnt would indeed struggle to find a suitable person to take on this hot potato.

As for enterprises from other regions, no one is willing to co here. Although there might be interest in buying the club’s participation rights, the city governnt and the local sports bureau would definitely not agree.

It is also quite challenging to find a local enterprise with the capability and willingness to take over the club. Although there were rumors that the owner of another large local automobile company, Chang’an, was interested in taking over the club, the outco was ultimately inconclusive.

This is because Chang’an Automobile is a relatively complex state-owned enterprise. Although it is now among the top 500 companies, it is not owned by a single individual. Therefore, a project that only involves spending money without generating profits is not sothing a single person can decide on alone.

Seeing Zhi Nao’s analysis, Wu Hao imdiately ca up with a plan: first, have his subordinates acquire the club.

Of course, how to transform this club into a phenonon-level club would need careful planning. Wu Hao estimated that the funds required for this were not sufficient with his current account balance.

“Zero, how much money do I have left in my account now?”

“BOSS, you currently have 260 million USD in your Swiss bank account and 130 million RMB in your dostic account.” Zhi Nao Zero quickly provided the specific answer. Of course, this is not all of Wu Hao’s assets. He still has considerable funds in the accounts of the machinery factory and the investnt company’s branch in the city. However, Wu Hao would not touch these funds as they are ant for the construction of the resort and the managent of the machinery factory.

“Then according to your plan, how much capital is needed to create a dostic ‘phenonon-level’ club?” Wu Hao continued to inquire.

Zhi Nao Zero quickly answered, “BOSS, if you want to create a phenonon-level club and promote the developnt of dostic football, the minimum investnt would be 5 billion USD. Of course, this capital is not spent all at once but is divided into several stages. The initial investnt is around 2 to 3 billion USD.”

“5 billion USD? That’s not too much. Now, according to the major international financial markets, how long would it take to turn this 260 million USD into 5 billion USD through normal trading?” Wu Hao was not surprised by the 5 billion USD figure. Even if it were 50 billion or 500 billion, he would not be shocked because money was just a number to him.

Whether it’s making money through normal trading thods on financial markets or withdrawing money from inactive accounts in major global banks, it all amounts to a huge sum.

Particularly with the internationally renowned Swiss Bank, the data security center at Swiss Bank is no different from entering one’s own ho for Zero. It can easily query information from various bank accounts.

There are nurous accounts in the bank that have not had any transactions for over ten or twenty years. As for the owners of these accounts?

Needless to say, they are either deceased or dead.

Swiss Bank’s anonymous accounts are the preferred storage for corrupt officials and criminal elents both dostically and internationally. The funds of these people are inherently dirty, so encountering death or accidents is quite normal.

Thus, the money in these anonymous accounts becos unclaid, and for the sake of its reputation, the bank cannot claim ownership of these funds. After all, the reason Swiss Bank is the most prestigious in the world is not without reason.

Even a powerful country like the United States cannot make the bank disclose any account information, given the bank’s imnse influence—so great it surpasses even that of a single country.

This is one of the reasons why the funds of corrupt officials who have fallen from grace dostically cannot be recovered.

However, although the funds in these dead accounts are substantial, they are hidden, so Wu Hao would not use them.

The reason is simple: for any acquisition or other activities dostically, his sources of money must have a legitimate channel.

For smaller amounts, he could still use previous thods, utilizing international investnt companies and various channels to legally bring money into the country.

Since 1 billion USD is not an enormous sum, but since Wu Hao plans to continue making significant investnts, he must legally obtain a large amount of funds to avoid raising too much suspicion from the authorities.

The only legal and fast way to acquire funds is through financial instrunts like stocks and futures on international financial markets.

With Zero’s computational abilities, it can calculate the best ways to obtain benefits legally.

The funds Wu Hao previously used dostically were also under the guise of this kind of investnt, albeit in relatively small amounts.

“BOSS, according to your requirents, if 260 million USD is processed through my calculations, it will take about 10 days to accumulate 5 billion USD, without affecting the international financial market.”

“Ten days?” Wu Hao thought for a mont and continued, “No need to wait for ten days. Notify when the funds exceed 2 billion USD and release a bit of news to the outside world, saying that a dostic financial tycoon has amassed 2 billion USD and is making a strong rise. Just a slight ntion will do. There’s no need to reveal my information for now.”

Wu Hao’s decision was well-considered. After all, he intended to acquire a football club next and would need to spend heavily on its developnt.

When the ti cos, dia coverage will certainly be intense, and the investors in the club will be of great interest to the dia, so Wu Hao cannot continue to keep his information secret.

After all, his industry is visible, and once the dia investigates, his information will be easily found. It would be different if Wu Hao were investing in other industries, but in the football industry, which is naturally a dia and public interest magnet.

The impact of the world’s top sport is not to be taken lightly. Even if the national football team is currently underperforming, any small achievent will be widely reported by the dia.

You are reading Super Brain Telekinesis Chapter 153: Shanghai Fantasy on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
Share with your friends
Library saves books to your account. Reading History saves recent chapters in this browser.
Continuous reading

You may also like

I Am Not Goblin Slayer cover
Similar genre

I Am Not Goblin Slayer

柚子坊 ·Adventure

【Fantasyworld,slow-pacedadventure,mage,monsterencyclopediacollection】Afterarrivinginafantasticalotherworld,Gaussacquiresanadventurer’shandbook—onet...

Endless Debt cover
Similar genre

Endless Debt

Andlao ·Adventure

Hello,mynameisBologueLazarus,adebtor.ThewoundonBologue'sfaceishealingatanobservablespeed.Thebloodremainingonhisfaceflowsback,andtheskinisreattached...

No reviews yet. Be the first reader to leave one.
Please create an account or sign in to post a comment.