Reborn in 2010, the AI in my mind is too powerful.
Chapter 321 Come On You Spurs - The Window They've Finally Waited For
After Chen Yiran's net worth skyrocketed, he wanted many things, mostly sports clubs that he liked.
The simplest example is esports. Although the industry has been developing for more than a decade, it is still quite rudimentary. It was only after two years of consolidation by Principal Wang that the industry began to look somewhat respectable.
Starting this year, my two uncles, following their discussion during the Chinese New Year, established an e-sports club in China.
Unfortunately, Shougang hesitated about the attribution and ultimately did not agree. They were also keenly aware that it would be embarrassing to lose to a small country like Vietnam. After all, they are a veteran state-owned enterprise with a strong ability to mitigate risks.
Ultimately, the two uncles contacted Bilibili, secured a round of funding, and incidentally, registered the team under the Bilibili name.
Bilibili's management felt like they'd been struck by lightning upon receiving this windfall—they were ecstatic. The initial investment was already exactly what Bilibili desperately needed, and the esports team would further enhance the website's reputation.
Moreover, both of Chen Yiran's uncles said that Chen Yiran is also a Bilibili user, one of those with a Bilibili ID within the top 100. So they specifically conveyed their request that Chen Yiran post more articles.
However, the more important something is, the less you can post it casually. For Chen Yiran, Twitter and Weibo are just casual posts, but if she wants to post videos on Bilibili, she has to post something substantial, so she has been preparing for it.
Besides esports teams, Chen Yiran values McLaren in Formula 1 and Tottenham Hotspur in the English Premier League the most.
The F1 acquisition was a natural progression, but Chen Yiran waited two whole years for the Tottenham acquisition. The main reason was that Tottenham's owners were not prepared to sell the team, so even if Chen Yiran wanted to buy, there was little opportunity.
Tottenham Hotspur is now 85% owned by the ENIC Group.
This is a diversified conglomerate founded by Joe Lewis in the 1990s, with businesses spanning multiple sectors including software and entertainment. Of course, it is most famous in the sports world.
In their early days, they invested in several football clubs, including Slavia Prague, Rangers Glasgow, and AEK Athens, and are considered early practitioners of the multi-club ownership model.
Tottenham Hotspur, a long-established Premier League powerhouse, is one of their most important assets.
The ownership structure of the ENIC Group is even clearer: Joe Lewis owns 7% of the shares, and his protégé Levy owns 3%. Therefore, Chen Yiran will only have a chance to acquire Tottenham if Joe Lewis wants to sell.
Joe Lewis, on the other hand, is a man who is not short of money. He comes from the financial industry and his breakthrough was in 1992 when he teamed up with Soros to short the British pound. In fact, he made much more money than Soros that time, after all, Britain is his home turf.
However, as a native-born Englishman, Joe Lewis himself probably felt that profiting from national disasters was not honorable, so he kept a low profile.
As a fan, Chen Yiran knows the complete trajectory of Tottenham. Joe Lewis is purely a financial investor in the team and was originally going to try to sell Tottenham next year, but he failed because the share price was too high.
Tottenham have had a very unlucky two years. They finished fourth in the league, but were forced to lose their Champions League qualification because Chelsea won the Champions League.
Then they competed with West Ham United for the right to use the London Stadium, but because Tottenham wanted to demolish the athletics track of the Olympic main stadium and build a professional football stadium, they directly ran into the moral high ground of Olympic heritage protection, which led to opposition from a large number of London citizens and ultimately lost.
Unfortunately, Tottenham Hotspur officially announced their new stadium plans in 2013, but the estimated cost of £4 million was not yet fully funded. The club's debt had already climbed to £8600 million, with annual interest payments of £450 million, and the debt would certainly increase further after construction began.
The new stadium is a short-term burden, but in the long run, it's a huge value amplifier. It's not just about increased capacity, allowing for more beer and burger sales. It can also host concerts and other events, and given its location in North London, its commercial development potential is enormous.
So in 2014, Joe Lewis began a global bidding war for Tottenham. But he went overboard and made an astonishing £10 billion offer, which, including the subsequent investment in the new stadium, amounted to a total acquisition cost of £14 billion.
It's worth noting that in Forbes' 2014 list of the most valuable football clubs in the world, Manchester United was far ahead in the Premier League segment, leading the pack with less than $30 billion.
However, the most valuable team after that is Arsenal, with their new stadium, valued at $13 billion. Chelsea and Manchester City are worth less than $9 million each, and Liverpool even less at $7 million. Tottenham's reasonable valuation should be only $6 million.
However, for Chen Yiran, any problem that can be solved with money is not a problem.
So he decided to cut to the chase and buy it even if it was more expensive.
When Levy heard him asking about the price, he put on a mask of pain. Unlike his boss, he was a true Tottenham fan.
But Levy had no other choice but to nod and say, "I'll talk to him."
Chen Yiran glanced at Levy, the longest-serving club chairman in the Premier League whom Tottenham fans both hated and resented, and whispered, "I heard you're a true Tottenham fan? I know you have shares in the ENIC Group, so you should theoretically want Tottenham to pay a higher price."
But there's a place for you at Tottenham. You want Tottenham to achieve results, right? You know my price tag. I'm not like Joe Lewis; I don't need you to be so stingy with the team's operations! I don't think you want to be Joe Lewis's underling forever.
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