America's Road to Fame

Chapter 222 Buying the Yankees?
Under Nelson's introduction, William Chen realized that this matter really cannot be done.

The New York Yankees are the overlord of the baseball world and the top club in the world, especially in the New York area. People are fanatical about the Yankees. Someone once said: "If you want to make friends with New Yorkers, Just tell him you're a big Yankee fan."

So if a New Yorker invites you to a Yankee game, it means you're on good terms.

An example can show the status of the Yankees in New York. When campaigning here, those politicians without exception have to claim that they are die-hard fans of the Yankees to show their closeness to the people.

It's like the New York state governor's election, the candidates will wear Yankees caps everywhere to solicit votes.

Therefore, as the mortal enemy of the Yankees, if Chen William becomes the owner of the Boston Red Sox, then in New York State, I am afraid that he will be hostile, but there will always be many negative effects.

So how about buying the Yankees?

This is also not an easy task. The owner of the New York Yankees is George Steinbrenner. He spent $1973 million when he bought the New York Yankees in 1000. Its market cap is around $35 billion.But if you really want to buy this team, I am afraid that the other party will consider it only if the bid reaches at least 50 billion US dollars, um, it will only be considered.

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

But if it's going to cost that money to buy the Yankees, why doesn't William Chan buy a cheaper European soccer team?You know, football is still the undisputed No. [-] sport in the world, with greater influence.

And in terms of cost-effectiveness, the acquisition of the Yankees needs at least 50 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 ranking of commercial value of football clubs, the top three are Manchester United, Real Madrid and Arsenal. The valuations of the clubs are 18.7 billion US dollars, 13.5 billion US dollars and 12 billion US dollars respectively. The combined value of these three does not exceed 45 billion US dollars.

Now is the time when the subprime mortgage crisis is sweeping the world. Compared with last year, the valuation of these clubs must be lower.

The reason for the high valuation of the Yankees is mainly due to the professional sports industry in the United States. Compared with European football, the market-oriented operation is more complete, and the United States is the hegemony of the world after all. Whether it is a company or a club here, there is a natural valuation. added.

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

Therefore, the influence of the New York Yankees is mainly in the United States and its affiliated countries, such as Canada, Japan and South Korea. In other parts of the world, its influence is far less than that of 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 Chen William, his popularity in the United States is already very high, even bigger than those current stars. The reporters are probably more excited to get news about him than to get scandals about stars.Therefore, for him, the effect of acquiring the Yankees is not as good as the increase in influence that can be gained by acquiring European giants.

This is very simple to understand. For example, in China, if you report the news of the acquisition of the Yankees, you may have to explain what kind of team the Yankees are and how influential they are in the United States.But if it's Real Madrid or Manchester United, there's no need to explain it, everyone knows it right away - it's big news.

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

Thinking that he will soon have a large amount of money in his account, and 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 Lo Hagen called and told the other party that he was going to buy a European football giant, and hoped that they would help him do some research to see which team was easier to buy.

This "easy" has nothing to do with the price, and it means that it is the most convenient to acquire. Like La Liga teams, most of them are membership-based, and the shares are scattered among the members of the club. It is very difficult to acquire them as a whole.As for Germany's football policy, club owners don't have much say in the club, so even if it is Bayern, there is not much room to display it.

What Chen William wants is that he can control the club 100%, so that he can inject capital and build the strongest team in the universe.Whether he makes money or not, the influence of football, even if he can't make money through the club, can help him open up markets all over the world in the commercial field.

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

Excluding La Liga teams and Bundesliga teams, the alternatives are Manchester United, Arsenal, Liverpool, AC Milan, Chelsea, and Juventus.Chelsea is now in the hands of Abramovich, as his business card to enter the European high society, and he will definitely not sell it.

And most of them are the Premier League. After all, the professionalization of the Premier League is the best, and the style of play is also liked by fans.

But speaking of Abramovich, it is sad 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 whites didn't talk about Wude, and in General Fan's words: "I don't even want to lose my face", they confiscated the property of the rich Russians if they said they would, and made Chelsea want to die. He was not allowed to sell it, what a pity.

Back to the New York Times, since Chen William can't buy the Boston Red Sox and now has better goals, their 17% stake means little to him.

Although this is the case, in negotiations, it is impossible to agree to everything so easily. William Chen instructed Nelson to give up the shares of the Boston Red Sox, but the other party must make concessions in terms of the purchase price.

Before that, he had 80 billion US dollars in his Meta investment company account, but after paying taxes, he injected another 10 billion US dollars into Meta technology company, and now it is more than 30 billion US dollars. The province still needs to save money. Two or three billion dollars, how many more properties can be bought, right?After all, I have many women, so there are three cunning rabbits...

Worst of all, now that the economy is in crisis, many big companies, including the American International Group, which was assisted by the government before, are selling off their business jets. There are many business jets transformed from large passenger planes such as Boeing and Airbus, so they can save money and buy a fine-looking one Wouldn't it be nice to be new.

And now because of the decrease in orders, these airlines are selling orders. 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 uses Meta Investment Company to carry out acquisitions and shareholdings, but with the increase in the number of subsidiaries, it is very chaotic to manage it like this. The equity investment department of Meta Investment Company is responsible for too many things, and it is not easy to manage. Consolidation of subsidiaries.

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

Chen William plans to upgrade the original Meta Investment Company to 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 carried out through secondary companies. Managed.

Needless to say in detail, Meta Investment Company still conducts strategic mergers and acquisitions and investment, as well as securities market business; Meta Entertainment Media will include news media companies after the acquisition, as well as Marvel Entertainment, Twentieth Century Pictures and MGM Pictures .

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

Because of his outstanding performance, Nelson will become the CEO of Meta Investment Company and receive corresponding equity incentives; William Chen is currently serving as the CEO of Meta Technology Company, but he will not hold this position for a long time, and he already has a plan in mind. The preferred candidate is Sundar Pichai. If he can prove himself in Twitter, he will take over as the CEO of Meta Investment Company in the future.

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

　I wish everyone a happy May Day in advance. In addition, the double monthly ticket activity on May Day... Come here as much as you want, thank you for your support.

　　
　
(End of this chapter)