I was determined to be bad, but I went straight to the Basketball Hall of Fame

Chapter 174 The Efang Palace Project (Part [-])
Min Congda is still to be after all.

No matter how big the storm is, it can't wipe away the endless wilderness in his heart. No matter how barren the land is, one day it will bloom flowers facing the sun.

He did not agree to Anschutz's proposal to acquire Red Head Boots, but said that he could take a stake and become the second shareholder of the Red Head Boots restaurant.

Anschutz agreed without saying much, and it was obvious that saying he wanted to buy the red-headed boots was just a simple negotiating technique for him, and buying shares was enough for him.

Just because he loves the pizza and steak at Red Boots doesn't mean he has to buy the entire restaurant.

Just like just because he likes a woman very much doesn't mean he must marry her, it would be nice to be able to give a sum of money.

Min Congda's thoughts are more complicated, after all, he is a man who is good at finding hope in despair.

He can completely refuse Anschutz's acquisition, or he can refuse Anschutz's shareholding, because it is reasonable and the system will not object.

But he still agreed, he considered two points:
First of all, for some reason, the food at the Red Boots restaurant I ate before was problematic. Their pizza and steak are very delicious.

So no matter what, the restaurant will definitely make money, the $50 loan is not expected to turn into a liability, and it is likely to be profitable in the future.

If you let Anschutz buy it, you will have more cash in your account; if you don't let Anschutz buy it, the project should make money or make money.

Therefore, Min Congda decided to be a personal relationship, to have a relationship with Anschutz.

And the reason why he wants to have a relationship with Anschutz is because of the second point:

He wants to realize the big plan in his heart that is enough to bankrupt the Clippers-to build a new independent arena for the Clippers.

With the current financial resources of the Clippers, it is impossible to support the construction of their own arena.

You just want to achieve bankruptcy through large-scale infrastructure construction, and you are not qualified for this.

And Anschutz is the owner of the Staples Center. He has both financial resources and experience in large arena construction projects.

Such a person, Min Congda's going to make friends with him is of great significance to the completion of his "Los Angeles Clippers Efang Palace".

Following the "Three Treasures Project", Min Congda decided to take advantage of the opportunity to start the "Efang Palace Project" to build a new arena for the Clippers.

If this plan can be completed, the No. [-] pick, excellent record in the regular season, high-quality documentaries, etc. will not be worth mentioning.

Lessons learned from history tell Min Congda that there are many enterprises and companies that have hastily launched major infrastructure projects in Malaysia after their brilliant prosperity.

As a result, the project was not yet completed, encountered financial difficulties, the project was unfinished, the capital chain was broken, and the company went bankrupt.

At this time, the bank will change from the money-giving boy who licked his face to the ghost who sticks out his tongue.

How many brilliant and large enterprises have died in the construction of infrastructure with excessive debts, and finally left unfinished buildings full of weeds.

Not to mention domestic, but in the United States, building a new arena will cost a lot of money, and the possibility of dragging down the team is very high.

For example, the Barclays Center, which the Nets started in 09, cost as much as $9.04 million, three times the market value of the Nets.

It is not enough to rely on the Nets to invest funds. Instead, they will unite with multiple parties and use the convenience of New York's financial center to finance through banks.

But last year, the project was temporarily stranded due to the financial turmoil, and I don’t know when it will be restarted.

The Nets have spent a lot of money in it, and now the financial situation is bad, the team construction is a mess, the attendance rate is touching, and it is on the verge of bankruptcy and selling the team. (It was acquired by a Russian billionaire 3 months later.)
And the former Seattle SuperSonics, why did they move away from Seattle?

One of the reasons is that the original field key arena is too old, and the municipal government and the team can't afford the money to build a new arena.

In the end, he stopped playing here and moved directly to Oklahoma. No matter how loud the citizens objected, it was useless.

Because you have no money, building an arena costs too much, and the city of Seattle can't afford it.

In Los Angeles, even the Lakers do not have their own arena, but rented arenas to play.

Previously at the Great Western Forum, then moved to the new Staples Center.

I would rather pay a few million dollars a year in rent for decades than spend money to build an arena all at once.

The most successful team in the NBA is like this, let alone the Clippers?
Those teams with independent arenas are not because of how successful the team is, but because there are super bosses behind them.

These bosses have many assets and amazing wealth, and the basketball team is only a small part of their many industries.

What's wrong with building an arena for your own team?It's just a lot of money.

Or, this arena is originally the owner's property, and it happens to be empty and no one uses it. Buy a team to use it.

The Clippers are different, as you can tell from Sterling's stinginess, they are not as good as the Lakers.

If Min Congda succeeds in making the Clippers reluctantly embark on the new arena construction project, the Clippers will enter the countdown to bankruptcy.

Small horses and big carts are too much to bear.

It was Min Congda's first step in the polo stadium construction project to establish a relationship with Anschutz through the Red Head Boots restaurant.

This will be the second trump card plan in his bankruptcy plan, although this plan has just been thought of.

Min Congda was instantly overwhelmed by his quick wit. Faced with the recent sudden storm, the projects failed one after another.

Not only was he not discouraged, but he also discovered new bankruptcy opportunities, and continued to complete his plan unswervingly.

This spirit of Jingwei filling the sea moved Min Congda himself.

After reaching an agreement, Min Congda clinked glasses with Anschutz. In the near future, the project he and the boss of Anschutz will cooperate with will not only be a restaurant, but a venue more luxurious than the Staples Center, enough to accommodate 20000 spectators. Multifunctional super gymnasium.

His Los Angeles Palace.

"Of course, this arena will empty the Clippers and make the Clippers completely bankrupt!"

After experiencing a series of storms, the several accelerated team bankruptcy projects that Min Congda invested in before all failed.

However, on a piece of scorched earth, the industrious and intelligent Min Congda quickly discovered the seeds of hope and sowed them.

His mood immediately improved. Looking down through the VIP room, the second half of the game between the Clippers and the Jazz had already begun.

The Clippers, which led in the first half, still maintained their suppression of the Jazz in the third quarter, maintaining a lead of about 5 points.

But when the game entered the fourth quarter, the Clippers' offense suddenly misfired.

Stephen Curry missed a series of outside three-pointers, but for the Jazz, Carlos Boozer succeeded in consecutive layups under the basket.

He and Deron Williams' pick-and-roll cooperation is really proficient. After receiving the ball and laying up with his left hand, it is difficult for Randolph or Gasol to defend.

In the fourth quarter, the Jazz gradually caught up with the score. Curry's unstable three-pointers and insufficient defensive confrontation were exposed.

Facing the combination of power forward + point guard, the Clippers' natural disadvantages in the lineup are undoubtedly revealed.

They were outscored by the Jazz 25-15 in the fourth quarter.

They scored a total of 15 points in the fourth quarter.

In the end, the Jazz defeated the Clippers by 105:98 and 7 points, taking away a victory.

Seeing this result, Min Congda felt even happier, and the previous haze was swept away.

Instant confidence in the future.

This guy is really a persevering person.

(End of this chapter)