This issue has caused him considerable headaches as the head of the Sports Bureau. Firstly, no matter what, the city hopes to keep this team going. Even though a new team nad FC was established under the leadership of the Sports Bureau in 2010, and for the first two years, it even made the original Lifan its subordinate.
But the final result? As expected, the team lasted only three years before being relegated and eventually disbanded.
Afterwards, the city governnt and the Sports Bureau once again took Lifan into their fold. However, Yi Xidi was no pushover; he knew that now the city had no competitors, and the Sports Bureau would surely refocus its attention on his club. After so bargaining, he managed to secure a substantial economic subsidy of tens of millions from the Sports Bureau.
So, when Yi Xidi called all the leaders together, the first reaction was that he was planning to ask for so policy subsidies again!
Of course, now that Director Sun saw that Wu Zhengwei seed full of confidence and apparently ready to make a big move, he planned to first hear what so-called determination Wu Zhengwei had. If this so-called determination was just talk, then there was naturally no need to continue the discussion today.
Wu Zhengwei, seeing the leader of the Sports Bureau in this state, likely understood his aning, and imdiately began to explain with a smile.
“Director Sun, as you said, our team in Shuangqing City should indeed be managed by local enterprises. However, please don’t be anxious, and first allow to show you our boss’s specific investnt plan.” At this point, Wu Zhengwei signaled his assistant to operate the large screen in the conference room, and in a mont, Wu Hao’s investnt plan was presented to everyone present.
Although it was only a brief preliminary plan, the final investnt amount left everyone astounded. The single investnt of 10 billion RMB shocked everyone present.
“Mr. Wu, this investnt plan isn’t mistaken, is it?” Director Sun asked Wu Zhengwei with wide eyes.
“Director Sun, there is no mistake. You will see the determination and courage of our boss once the club acquisition is complete. I can assure you all here that as long as we finalize the acquisition agreent with Mr. Yi and sign the contract, Oriental Galaxy Investnt Company will imdiately deposit 10 billion RMB into the club’s account. This funding will be used entirely for the developnt of the club, and every penny will be monitored by the city governnt’s bank. We could even deposit this money directly into the city’s local bank account. I believe with such a large sum, the club can be considered a significant local industry in Shuangqing City, right?”
Upon hearing this, Director Sun and the other leaders exchanged looks, thinking that if this person in front of them wasn’t just boasting, then this would undoubtedly be a major achievent for them.
An imdiate investnt of 10 billion—if an enterprise with such a huge amount of funding isn’t considered a local enterprise, then what is?
Moreover, they even ntioned that this money could be deposited directly into their city’s local bank. Such a substantial deposit would undoubtedly be another major boost for the bank.
After all, as a local rural comrcial bank in the city, it couldn’t compare with the four major dostic banks in attracting depositors. Most of the bank’s funds were deposited by governnt-related entities. Without governnt support, how could this bank, which only operates locally, compete with the four major banks?
Yi Xidi, on the other hand, was also greatly shocked, thinking to himself, “Damn, even Evergrande wouldn’t play it like this with a direct investnt of 10 billion!”
“Mr. Wu, if what you say is true, then our Sports Bureau and the city governnt will naturally welco it warmly.” Director Sun finally showed a smile, although his tone was still uncertain.
“Director Sun and all the leaders, please allow us to proceed. After I discuss the club’s transfer with Mr. Yi, the 10 billion will soon be injected into the club’s account. But at that ti, we’ll need your assistance to communicate with the bank.” Wu Zhengwei also smiled and then turned to Yi Xidi, saying, “Mr. Yi, let’s now discuss the specifics of the transfer.”
Upon hearing this, Director Sun imdiately reacted and smiled at Yi Xidi, “Little Yi, we all know you’ve made significant contributions to our city’s football industry over the years. Since you’re now considering transferring the club, you should discuss it with Mr. Wu!”
His aning was quite clear: rather than having you manage the club and constantly ask the city for various policy compensations, it’s better to transfer it to soone else. After all, they’ve stated that once the contract is signed, the 10 billion will be injected imdiately. Given that an investnt of two to three billion a year is typical for a Super League club, this 10 billion would support the team for over a decade.
Moreover, since they can invest 10 billion at once, how could there not be further investnts?
“Hehe, Director Sun, rest assured. Since Mr. Wu is so sincere and decisive in accepting the team, as a mber of the city and a loyal fan of our team, I naturally hope to see the team develop.” Yi Xidi said with a righteous tone.
Seeing this, Wu Zhengwei didn’t engage in further pleasantries and got straight to the point, “So, Mr. Yi, are you satisfied with the offer our company made previously?”
Hearing this, Yi Xidi knew the key point of the matter had arrived. “Regarding Mr. Wu’s previous offer, frankly, I think it’s a bit low. Our club is not only one of the Super League teams but also has its own training base and competition venue in the center of Jiangbei. Moreover, we’ve spent 200 million on the club’s investnts this year alone. Based on our current performance, staying in the league this year shouldn’t be a big issue.” Yi Xidi imdiately praised various aspects of his club.
Everyone present knew that his comnts were sowhat exaggerated. However, Wu Zhengwei, having been empowered by Wu Hao and knowing his decisive nature, understood that as long as things could be resolved quickly, even if it ant paying a bit more, it was entirely acceptable.
Reviews
All reviews (0)