Super Brain Telekinesis
Super Brain Telekinesis Chapter 157

On the other side, the club’s head, Yi Xidi, was genuinely surprised for quite some time after receiving news from his subordinate staff. The reason was simple: he saw that the offer he received was to fully acquire all the assets under the club for ten billion RMB.

In fact, investing ten billion in a small club like Lifang could be considered astronomical. If Lifang were merely a club relying on rented venues for matches, it wouldn’t even be worth that much.

The only valuable asset might be its qualification to participate in the Super League. As for the players, to be honest, their value is not high. The total transfer fees for all players add up to just over a hundred million, and after the transfer, the salary would still be paid by the new owner.

However, the club does have a significant advantage that other clubs don’t: a considerable fan market and its own stadium.

Although this stadium can no longer be used for matches, having a piece of land here is still valuable. Given the current value, this land might be worth over forty billion.

But if the Lifang Club were sold, it certainly wouldn’t fetch that much, as the land can only be used for sports facilities.

With such restrictions, who would be willing to take on this big headache without some serious thought and determination? Yi Xidi had also considered rebuilding the stadium on this land, transforming it into a professional football venue.

But this investment would require at least several billion to be feasible, enough to cover the club’s expenses in the Super League for two or three years. With Lifang’s financial capability, it didn’t have the confidence to make such a significant commitment.

After all, having a venue provided by the government is sufficient for them. For example, even a wealthy club like Evergrande still rents a government sports venue as their home ground.

However, in recent years, there have been rumors that Evergrande is planning to build its own dedicated football stadium in Guangcheng. They initially intended to purchase and renovate the Tianhe Stadium because of its excellent geographical location in the city center and its large size.

But the interests involved in this stadium are too complex, and Tianhe Stadium’s facilities are all intact. Besides football matches, it also hosts concerts and various national events, with other nearby sports facilities also in good condition.

Therefore, it is currently very difficult for Evergrande to acquire full ownership of this stadium from the government, and even if successful, it would require a substantial amount of money.

It would certainly be worth much more than the stadium owned by Lifang in Shuangqing City. After all, this stadium is located in one of the top three cities, and its location and size are considerably better than Lifang’s.

[Note: Some place names and characters in the book have been modified to avoid censorship. Some changes may have been made, so please do not take them as real.]

“Old Zhang, what do you think about this acquisition proposal?” Yi Xidi asked after reading it, calling the club’s general manager over.

It must be said that Yi Xidi had gained some popularity recently in Shuangqing City and online news, primarily because he bought a Bugatti Veyron worth thirty million, which was the only supercar in Shuangqing City at the time.

However, in recent years, his status as a car enthusiast has been overtaken by others, becoming the proverbial “old wave” pushed out by the new.

Currently, the wealthy second generation who flaunts their wealth and easily grabs headlines online is Wang Sicong. As the only son of the nation’s richest man, he indeed has the capital to show off, and he is also quite shrewd. While gaining widespread attention through flaunting wealth, he has a significant influence on the various industries of the Wanda Group.

The most significant impact is on the film and entertainment industry. As a dominant force in the domestic cinema line, his frequent exposure in online and entertainment news greatly affects the entertainment industry under his brand, something even a slight understanding would reveal.

“Mr. Yi, I just checked the background of Dongfang Galaxy Investment Company. It only emerged domestically last year. The owner is not very clear, but one shareholder is a young person from Sanyuan City who has invested in a large project worth billions locally. Since they’ve initiated an acquisition request, they likely have strong intentions and are quite sincere,” Old Zhang briefly analyzed.

“Sincere? Just ten billion to buy our club is a bit of an underestimate, don’t you think? Our club not only has the qualification to participate in the Super League but also has its own venue and training base,” Yi Xidi boasted. Although ten billion is already considered a sincere offer, he could tell that Dongfang Galaxy Investment Company was determined to acquire his club. Therefore, if he were to sell, he would need to raise the price.

Upon hearing Yi Xidi’s comment, Old Zhang naturally understood his thoughts and smiled, saying, “According to Mr. Yi, the offer does lack some sincerity. However, Mr. Yi, there’s another point we must consider: even if we intend to sell the club, we must negotiate with the city government and the sports bureau. According to regulations, the club must be transferred to a local enterprise.”

Yi Xidi nodded and said, “Yes, although I’ve been thinking about selling the club for a while, dealing with the government is indeed challenging. Anyway, the personnel from the company should be arriving soon. Let’s see how they negotiate. Whether it will be successful is still uncertain!”

Time passed quickly. That afternoon, in Yi Xidi’s meeting room, all the relevant leaders from the club, city government, and sports bureau, as well as Wu Zhengwei and his accompanying team, had arrived. After some pleasantries, Wu Zhengwei directly got to the point.

“Mr. Yi, Director Sun, and all the leaders present know my intention. Our boss is determined to acquire the club and is committed to developing Shuangqing City’s football industry and advancing the national football market.”

“Mr. Wu, how big is this determination you speak of? According to our bureau’s regulations, the club’s transfer must be to a local enterprise. After all, this team is a pillar of Shuangqing City’s football industry. To be honest, if Mr. Yi hadn’t asked us to negotiate, we probably wouldn’t be sitting here,” Director Sun’s tone was not very polite. Upon hearing Yi Xidi’s intention to transfer the club, his first reaction was that Yi Xidi was probably seeking some subsidies or conditions, given his past record in this area.

Mnotia[Translator]

Just a guy translating stuff.

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