Chapter 497： Working capital

Combining many factors, Fleet Street has been catching on this topic for non-stop hype, of which it must be mainly criticized. By the end of the Premier League this season, Ryan has gone from being a very popular figure in the British media to being a member of the media. The nasty black-hearted investor in the United States.

Under their stimulation, the voices and activities of Manchester United fans' boycotts were wave after wave. Several thousands of Manchester United fans suddenly appeared in front of the Hilton Hotel, blocking the front and back doors of the hotel and preventing him from entering or exiting.

The most unlucky thing is the villas in Kensington. According to the response of the housekeeping company in charge, hundreds of garbage are thrown into them every day. "Fiction" novel chapters are updated fastest

Some British football stars have also come forward. Bobby Charlton said that Manchester United does not need capital from outside the British Isles.

The elder Redknapp said that the Premier League is a British-led game, and the Americans had better not get involved.

These celebrities undoubtedly gave a huge encouragement to the fan organization. They later gathered in Ryan's residence and outside Manchester United's office to protest several times, saying that even if the management decides to sell Manchester United, they will not transfer their Manchester United shares.

However, unlike the voices of opposition from the sky, Manchester United from the players to the management has never made any remarks on this matter, temporarily in a state of silence.

In late May, the media disclosed once again that Red Football reached an agreement with Houston and other Manchester United shareholders to purchase their shares at a premium.

At this point, Ryan's holdings of Manchester United shares have increased to 62%, which is already a very dangerous number for Manchester United fans and the traditional die-hards in England.

According to the trading rules of listed companies, as long as they hold more than 75% of the shares, Ryan can withdraw Manchester United from the stock market, forcing fans to sell their small equity, and turning Manchester United from a listed company into a private asset.

Previously, shareholders who vowed to oppose the intervention of American capital, backhandedly sold their shares. This makes Manchester United fans extremely indignant. Many of them have a certain degree of influence. While denying the traitors, they embarked on the road they had to choose and asked the British government for help.

In their eyes, amidst the criticism from the media, this is a hostile takeover. As long as Downing Street confirms this, it can stop the takeover.

Some media represented by the "Daily Mail" jumped out again. It claimed that ‘Red Football Company is just a shell company, and there are many accounts and cash flows, and relevant agencies should intervene in investigations’.

There is never a lack of geographic protection in this world. The British government soon announced that it would conduct a related review of this acquisition...

However, the other side of geo-protection also flashed out. The constant criticism of Fleet Street completely caused dissatisfaction in the North American media, from the original sporadic mocking of the British conservative. It turned into a wide-area open fire.

“We don’t understand why a normal business operation aroused such dissatisfaction from the British? Do they think that Ryan is really a poor boy from the countryside? The so-called adherence to tradition is just that they are jealous and immersed. It’s just an excuse in the past."

"The British have nothing but ridiculous traditions. There is nothing left."

"Hey, Brits, wake up from the glory of the British Empire, Ryan Ken's acquisition of the English Football Club. You should feel honored, because with him, your Premier League will definitely receive more attention."

Fortunately, most of the newsletters are tabloids. After all, the mainstream media has to worry about face. Apart from the veiled statement that ‘the British side has not considered this acquisition’ and ‘this is a normal business practice’, they rarely make excessively violent remarks.

However, this acquisition is thoroughly well-known in the United States.

The youngest Oscar actor in history is preparing to raise more than one billion U.S. dollars to acquire the most successful football club in the mouth of the British. It is difficult not to attract people.

In particular, Ryan’s past acquisitions have always brought huge profits to itself. Many group companies and investment institutions can’t help but start an analysis. Could it be that the net worth of football clubs will soar in a few years?

Both Hollywood and Wall Street have paid great attention to this acquisition.

In the latest issue of "Vanity Fair" and "Wall Street Journal", both the purpose of this acquisition and Ryan were analyzed in detail, and at the same time, a conclusion was reached that leveraged buyout is the smartest way to choose. Under the normal operation of the company, Ryan Jenkins was unable to raise a huge amount of liquidity of more than one billion US dollars in a short period of time.

At the same time, they pointed out that this is a very normal business operation, and the UK should not use government actions to interfere with the market, otherwise it will definitely affect the confidence of Hollywood and Wall Street in the UK market.

Hidden in the Hilton Hotel, Ryan and the Murdoch couple had an encrypted phone call. After the two parties verbally reached a stock exchange agreement for some of the Blue Sky Studios, they became an alliance with many common interests.

Subsequently, under the secret intervention of No. 10 Downing Street, relevant British agencies announced that there was no illegal act in this acquisition.

The legality of the acquisition is affirmative.

Not to mention the activities that exist behind the scenes, Scott and Wilson Jr. and related Wall Street companies have formulated a detailed plan for this acquisition. If there is a legal aspect, hundreds of professionals can climb the twin towers and go Waiting for the arrival of September 11.

The rulings of government agencies obviously cannot satisfy the fans. In fact, in the final analysis, apart from the inability to accept Americans as the owners of their own clubs, responsible management is definitely another major factor.

Maybe it was because thousands of fans protested in front of the club every day, or maybe it was inspired by other parties. The management of Manchester United finally made a formal statement about the acquisition. If the leveraged acquisition is unavoidable, they will collectively after the acquisition. resignation.

Pressure from sponsors also followed. Nike and Vodafone have stated that if Manchester United are operating with huge debts, they will reconsider the remaining sponsorship contracts.

Faced with such a situation, Ryan issued a series of statements that conformed to the hearts of the people. His spokesperson announced at the latest press conference that the "Red Football" company will abandon the acquisition of leverage. Ryan will take advantage of the situation. Raise funds to complete the acquisition.

The reporters from Fleet Street didn't seem to buy it, and they questioned it.

"If the acquisition of the remaining shares is completed and the existing debt is repaid, at least 500 million pounds will be needed. Can Ryan now come up with this money?"

No one here is a fool. Net worth and working capital are completely different things.

"This is not what you should care about."

Soon after the press conference, there was news that Ryan was reducing shares in several companies in his hands in order to cash out the stock market and complete the acquisition of Manchester United as soon as possible.

However, Manchester United fans are still resisting, and Fleet Street is still full of firepower. Ryan seems to be caught in a quagmire of acquisitions, which is still locked in a huge amount of money that cannot be shaken off in the short term.

"I don't believe you have no money."

On the plane back to Los Angeles, Tyler put his arms around his chest and looked at this side deliberately, "My dear brother Ryan, what are you doing?"

No money? Ryan stayed quiet, so what about keneng.

Except for a small part of the profits made on the stock market last year, except for investment, the remaining tens of billions of dollars were distributed to different hidden foundations. Although these funds are not the only back-end, they are definitely effective when used at critical moments. will be better.

"Dear……"

Gently squeezed her face. In view of the little girl’s good performance during this period, Ryan said, “Sometimes, putting yourself on the edge of a cliff is more likely to cause an enemy’s attack, and once the shrinking enemy takes the initiative, it’s definitely It will reveal its own flaws."

"It's complicated." The little girl simply lay on the table.

…………

The headquarters of Walt Disney in Burbank, in several high-level office areas, the atmosphere is quiet and tense, and the staff passing by are all in a hurry. In recent months, their workload has increased sharply, but it is very Few people complain, everyone, now is a crucial moment for Walt Disney to reverse the decline of animated films since "The Lion King".

In the closed conference room on the top floor, Michael Eisner deliberately convened the board of directors to discuss the current countermeasures, or more precisely, how to promote his chairman and will.

The discussion about the Pixar studio has temporarily come to an end. This is an acquisition that concerns the interests of everyone present. Even Roy Disney, the biggest opponent in the past, chose to acquiesce in most of his actions.

The animation department is very important to the entire Disney group. All Walt Disney’s business films, television, theme parks and consumer products must all be driven by the animation business. Only with animation programs can all business departments be driven through the brand value chain. Global revenue growth However, the hand-drawn animation that Disney is good at has declined. There has been almost no progress in the development of 3D computer animation. Even a few months ago, at an animation exhibition in Los Angeles, the director of Disney We found sadly that the most popular images in North America in the past five years have been mostly animated images produced by Pixar, and even the recently established DreamWorks animation studio has walked in front of them.

To revive Disney Animation, acquiring Pixar is the easiest and most suitable way.

"According to the exact information we got." Michael Eisner's assistant said of the Manchester United incident that Disney's board of directors has been paying attention to. "Because the acquisition of Manchester United was temporarily frustrated, Ryan Jenkins has returned to North America, and most of his flow Funds are being held on this project. The news from Wall Street shows that a small number of shares of Blizzard and Blue Sky Studios are indeed appearing on the market. Scott Swift is also traveling among several Jewish groups on Wall Street. Go, you should be selling stocks for cash."

"Also..." Michael Eisner added, "In the past year, he has invested heavily in eBay, Amazon and Google through personal investment. From the current troubled acquisition of Manchester United, It is not difficult to see that his hands certainly did not threaten the liquidity of our plan." (To be continued...) ()