money trouble

Chapter 266 Prepare to take over
Kux's heart skipped a beat. He thought for a while and figured out one thing. Before that, Lapo Elkann and his boss were probably talking about investing in football clubs. He was annoyed by Lapo Elkann. Why? Uneasy every day.

"Boss, if you're just looking for fun, it's good to buy a football club, but if you're looking to make money, you need to think more about it. Many football clubs operate at a loss. Of course, there are not no clubs that make money, but there are too few." Cook staw.

Wu Qian was a little confused. The tone of Kux and Lapo Elkann was very inconsistent. According to Lapo Elkann, the football club is simply a cash cow. Why did Kux change his mouth again? , become the same as I once thought...

Wu Qian told Kukes some words of Rapo Elkann, and when Rosalind was not around, this wizened German man became his brain trust.

Cooks sneered, and said, "Boss, don't listen to Lapo Erkan's nonsense! There are countless football clubs in Europe, but the only ones that are really well-known are the football clubs that participate in the five major leagues."

"La Liga, The Premier League, Serie A, Bundesliga and Ligue 1. "

"There are almost a hundred teams in the five major leagues. On the books, none of these football clubs are profitable. On the contrary, there are some small clubs that play their own games. They can make a little money every year, but they can't make much money. score."

Kux told Wu Qian a lot. Kux, who was born in Germany and loves football, knows this aspect very well. Compared with David, Kux is more rational.

From Kux's words, Wu Qian learned a lot about the situation, and also roughly understood the operation mode of football clubs. In a word, the income is linked to the team's performance. A team like Manchester United that does not produce results but keeps sucking in money There are so few, it is almost rare.

After all, when Manchester United was in full swing a few years ago, they gained too many fans. Sir Alex Ferguson has laid a solid foundation for Manchester United, but it will definitely not work if it continues like this.

Fans can accept a club going from peak to trough, but they can't stay in the trough all the time.

"In the beginning, the main source of income for football clubs was game tickets. Later, the TV broadcast fees became higher and higher. Now the most profitable clubs, the main source of income is advertising revenue, and of course there are some other sources of income. , such as player trades, sponsorships, etc.”

In the dark night, the Rolls-Royce Phantom was heading towards the Partridge Manor. After listening to Kux, Wu Qian said, "Cooks, I have an idea to buy Manchester United. What do you think about its future business? What's the value?"

"Boss, the commercial value of Manchester United is unquestionable. I vaguely remember that the Glazer family's previous two offers for selling the club were too outrageous, so the sale was not successful, but I estimate that no matter how low it is, it will cost about 25 billion pounds. Manchester United The club did very well financially last year."

"Ed Woodward's business talent is very powerful, making the club a profit of more than 6 million pounds, but the stock price has fallen sharply. It is really hard to say how long Manchester United's ability to absorb money will last. If you are interested, I suggest you find A business research company will investigate carefully and then make a decision.”

A business with a larger investment amount will have a slower return on capital. If you invest 25 pounds, you may be able to realize the return on capital plus profit in one year, but if it is 2500 million, the return period will be much longer, let alone invest 25 billion pounds to buy a business. club.

On the bright side, if you buy the club according to Cooks’ estimate of 25 billion pounds, you can earn 6 million pounds a year on the books, and you can pay back the capital in just over 4 years. However, there are a lot of uncertainties in the situation. This is only a theoretical algorithm, and it is almost impossible to realize.

"Let's find someone to investigate carefully, and if possible, talk to Avram about it..." After finishing speaking, Wu Qian leaned back and drank half a glass of red wine.

Wu Qian suddenly had the idea of ​​developing his career. He felt that it was not a problem to blindly spend money on enjoyment. He needed a few hard-core industries to continuously produce for him. He wanted to transform a large amount of money into industries!
"Boss, if you just plan to invest in football projects, I suggest you buy a small team, and then mainly build youth training camps, discover potential players around the world, and make money from player transfers after training. It's small, and the risk is small." Cooks suggested.

The situation that Cooks said is very common. There are people who specialize in this kind of business. When the scouts are good and lucky, the club makes a lot of money. If there is a need for the team, the A-level does not want the B-level, otherwise it can be sold to other continents as foreign aid.

Almost all clubs have youth academies, and many superstars come out of the youth academies, but most of the youth academies are directly supplied to the clubs they belong to, and the business that Cooks said is to The youth training camp is regarded as a football player factory, specializing in the production of athletes, but the quality of the "goods" depends on luck, and the price varies greatly.

The highly developed football has formed a very complete chain of interests in Europe. There are people making profits in every link of the chain, and the entire commercial chain has supported countless people.

Wu Qian pinched his temples. After being highly excited, he was mentally exhausted. He said: "There is no need to worry about this matter. According to Labo Erkan, Avram sold Manchester United. It has not been sold for more than a year, and it seems that there is no sincerity, and we will wait until the investigation is clear."

The project Wu Qian started before, the gym is a relatively stable investment, and these days it has indeed been doing well in the past, but the variety show team and the video website are purely burning money at this stage, especially the variety show team. None of the merchants.

As for the remaining public welfare department, it is the department that establishes the image and culture of the company. It does not directly participate in the profit, but it has a positive effect. The monthly income is really not that much.

The construction of the racing track has not yet started. Even if the construction is completed, the payback cycle will be very long. Unless you can get the qualification to hold F1 competitions, otherwise you will just play and play small games by yourself. You want to pay back at least 10 years later .

"The root of all evil talks about the seven deadly sins, among which is greed. I don't think it's greed to develop a business and make money. Instead, I think it's a kind of fulfillment, a kind of fun, and a kind of... security." Wu Qian whispered in his heart.

(End of this chapter)