Chapter 221： Buy the Yankees?

Under Nielsen's introduction, Chen William realized that this matter really couldn't be done.

The New York Yankees are the hegemons of baseball and the top club in the world, especially in the New York area, the support for the Yankees is fervent, someone once said: "If you want to make friends with New Yorkers, Just tell him you're a die-hard Yankees fan."

So if the New Yorkers ask you to watch a Yankees game at home, that's a good sign.

Take an example to see the status of the Yankees in New York. When campaigning here, politicians without exception would claim to be die-hard Yankees fans in order to show their closeness to the people.

Just like in the New York gubernatorial campaign, candidates wear Yankees caps to get votes.

Therefore, as the sworn enemy of the Yankees, if Chen William becomes the owner of the Boston Red Sox, then in New York State, I am afraid that it will not be called hostile, but there will always be many negative effects.

So what about buying the Yankees in that case?

This is also not an easy task. The owner of the New York Yankees is George Steinbrenner, who spent $10 million when he bought the New York Yankees in 1973. According to current assessments, the Yankees's Yankee Global Enterprise Group Its market capitalization is approximately $3.5 billion. However, if you really want to buy this team, I am afraid that the bid will be at least $5 billion or more before the other party may consider it, um, just will consider it.

After all, the influence of the New York Yankees in the United States is too great.

But if that money is going to be spent on the Yankees, then why doesn't William Chen go for a cheaper European football team? You know, football is still the undisputed number one sport in the world, with greater influence.

And from the perspective of cost performance, the acquisition of the Yankees will cost at least 5 billion US dollars, and this price may be able to buy all three clubs with the largest commercial value in the world. This year's Forbes Global Club Ranking has not yet been announced, but it was announced last year In the commercial value ranking of football clubs, the top three are Manchester United, Real Madrid and Arsenal. The clubs are valued at US$1.87 billion, US$1.35 billion and US$1.2 billion respectively, and the three together do not exceed US$4.5 billion.

Now is the time when the subprime mortgage crisis is sweeping the world, and the valuations of these clubs are definitely lower than they were last year.

The reason why the Yankees have a high valuation is mainly the professional sports industry in the United States. Compared with European football, the operation of marketization is more complete, and the United States is the world's hegemon after all. Whether it is a company or a club, there is a natural valuation. added.

If you only look at the club's earning power, according to the latest global rankings, the Yankees are only third, behind Manchester United and the Dallas Mavericks.

Therefore, the influence of the New York Yankees is mainly in the United States, as well as in the affiliated countries of the United States, such as Canada, Japan and South Korea. In other parts of the world, the influence is far less than that of the football giants. If a certain group or family wants to enter the American market, then the acquisition of the Yankees will definitely make their popularity and influence in the United States reach an unprecedented level.

However, for William Chen, his popularity in the United States is already very high, even bigger than those of the current stars. The reporters are probably more excited to get his news than to get the scandal of the stars. Therefore, for him, the effect of acquiring the Yankees is not as good as the influence that the acquisition of European giants can increase.

This is very simple to understand. For example, in China, when reporting the news of the Yankees' acquisition, I am afraid that in the report, it is necessary to explain what kind of team the Yankees are and how influential they are in the United States. But if Real Madrid or Manchester United are bought, there's no need to explain, everyone will know right away - it's big news.

And compared to the acquisition difficulty and price of the Yankees, the acquisition of football giants is cheaper and easier to use. Now that Europe is also in deep economic crisis, if you want to acquire the team, this is a good opportunity.

Thinking that he will soon have a large amount of money to be credited, and that in his entertainment direction, film and television, sports and games are the most important businesses, so investing in sports is also in line with his main strategy, William Chen immediately gave Goldman Sachs' Kami Locke Hagen called and told the other party that he was going to acquire a European football giant, and hoped that they would help him do some research to see which team was easier to acquire.

This "easy", regardless of price, refers to the most convenient acquisition, just like La Liga's teams, most of which are membership-based, and the shares are scattered among the club's members. It is very difficult to buy as a whole. In Germany's football policy, the club owner does not have a big say in the club, so even Bayern won't have much room to play.

What William Chen wants is that he can control the club 100%, so that it is convenient for him to inject capital and build the strongest team in the universe. If he doesn't make money, the influence of football, even if he can't make money through the club, can help him open up the world's market in the business field.

As for the choice of the team, of course, you can find it from the list of commercial value. Among the top ten: Manchester United, Real Madrid, Arsenal, Bayern, Liverpool, AC Milan, Barcelona, ​​Chelsea, Juventus, Schalke 04 ...

This excludes La Liga teams and Bundesliga teams, then the alternatives are Manchester United, Arsenal, Liverpool, AC Milan, Chelsea, Juventus. Chelsea is now in the hands of Abramovich, as his business card to break into the upper class in Europe, will definitely not sell.

And most of them are in the Premier League. After all, the professionalization of the Premier League is the best, and the style of play is also popular with fans. It is highly confrontational and ranks first in the five major leagues. Well, let’s choose from the Premier League.

But speaking of Abramovich, it is tragic enough. Having invested so much in Chelsea, it can be said that he has made a great contribution to the Premier League. As a result, the Anglo-Saxon white people did not talk about martial arts, and in the words of General Fan: "I don't want to face", they said that they would confiscate the property of the rich Russian, and they also made Chelsea want to die. It's a shame that he won't let him sell it.

Going back to The New York Times, since William Chen couldn't buy the Boston Red Sox and now has a better target, their 17% stake doesn't mean much to him.

Although this is the case, negotiation cannot be so easily agreed. Chen William instructed Nelson to give up the shares of the Boston Red Sox. However, in terms of the acquisition price, the other party must make concessions. If it is almost the same, buy it.

Before, he still had 8 billion US dollars in the account of his Meta investment company, but after paying taxes, he injected another 1 billion US dollars into Meta Technology Company, and now it is more than 3 billion US dollars. Two to three hundred million dollars, how many more properties can we buy at the bottom? After all, there are many women in my own, and the cunning rabbit has three caves...

Worst of all, in the current economic crisis, many large companies, including American International Group, which was assisted by the government, are selling business jets, including Boeing and Airbus. The new one is beautiful.

And now because of the decline in orders, these airlines are selling orders, and the money is enough to order a new one.

Back in New York this time, William Chen has one more thing to do, which is to sort out the company's structure.

At present, he has acquired and held shares through Meta Investment Company, but with the increase of its subsidiaries, it is very chaotic under such management. The equity investment department of Meta Investment Company is responsible for too many things, and it is not convenient to Integration of subsidiary companies.

Now in terms of Internet companies, those companies have been placed under Meta Technology Company, and the integration has been basically completed. The remaining two main directions of investment and entertainment need to continue to be sorted out.

William Chen is going to upgrade the original Meta investment company into a Meta group company, and set up two companies, Meta Investment and Meta Entertainment Media, and Meta Technology Company, so that his three main directions can be achieved through secondary companies. managed.

Needless to say, Meta Investment Company is still engaged in strategic mergers and acquisitions and investments, as well as the securities market business; Meta Entertainment Media will include the post-acquisition news media company, as well as Marvel Entertainment, Twentieth Century Pictures and MGM Pictures. .

After that, Meta Investment Company will mainly hold shares in strategic investment and financial investment companies.

Because of his outstanding performance, Nielsen will become the CEO of Meta Investment Company and receive corresponding equity incentives; William Chen is currently the CEO of Meta Technology Company, but he will not hold this position for too long, and he already has it in his heart. The favorite candidate is Sundar Pichai. If he can prove himself at Twitter, he will take over as CEO of Meta Investments in the future.

As for Meta Entertainment Media Company, there is no suitable candidate yet. William Chen is going to find the best headhunting company and find the helm of Meta Entertainment Media for himself, so that he can be freed from specific affairs and only need to be responsible for The strategic aspect of the group is on it.

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