Accompanied by the enthusiastic President Louis Filipe Vieira and Rui Costa, Yang Huan visited Benfica's Stadium of Light and supermarkets and other sports venues around the stadium.

Through the introduction of the two, Yang Huan learned a little that Benfica also obtained a considerable income through the rental of these venues, which kept Benfica's annual income at around 100 million euros.

This is achieved without counting the player's transfer transactions. It ranks first in the Portuguese Super League, even surpassing Portuguese Super League's class bully Porto.

After the introduction of Chairman Vieira, Yang Huan also realized that Benfica had a membership of more than 200,000, ranking first in Europe, and this membership fee alone was also a considerable income every year.

This is a bit surprising.

Due to the influence of the entire Portuguese League, Benfica should have very little income in sponsorships, etc., but it is indeed quite difficult to reach this level of income.

However, this may also have a lot to do with Benfica being a listed company.

Not only Benfica, Porto and Sporting Lisbon are also listed companies, and the latter two are even early. Porto was listed as early as the 1990s, while Benfica has only been listed in recent years due to heavy debt.

But just like the stock performance of most football clubs after they went public, Benfica's current market value is not half as high as it was when it was listed, and the single stock price has even fallen to less than one euro, which is a junk stock.

But they calculated it well. Look at Porto, the stock price of a single stock is only 0.6 euros. Even at the end of 2012, the stock price of this Portuguese superpower even plummeted to 0.18 euros, which is simply unbelievable.

What's even more terrifying is that no one buys their stocks at all, and there is almost no liquidity, which shows that investors are not optimistic about them at all.

No wonder, because the listing of football clubs itself is a very deformed product.

Teams like Manchester United, including Premier League teams, to Ajax, to Dortmund, to Porto, and Benfica, are almost always listed because of heavy debt. As a result, as soon as they went public, their stock price immediately plummeted after being listed.

Even a team like Manchester United is inseparable.

Not long ago, a Wall Street hedge fund shorted Manchester United's stock for $5 million, and the Red Devils' stock price fell by 10%, which made investors see the strangeness of football club listing.

Just imagine, if Manchester United is like this, then other clubs will be even more unbearable.

Accompanied by Chairman Vieira and Rui Costa, Yang Huan returned to one of the conference rooms in Benfica's office after a walk around the Light Stadium.

"Mr. Yang Huan, we admire the brilliant achievements you Southampton has made in the past few years, especially in the globalization strategy. Many of the Saints' actions are worth learning from."

Louis Philippe Vieira said with great sincerity.

"I have had an exchange with Mr. Peter Kenyon before. You have set up branch offices in the United States, China and the Middle East and have achieved quite successful experience, so we hope to have the opportunity to cooperate more."

"In addition, we are also very interested and hope to participate in your Miracle Media's International Champions League at the right time. I believe Mr. Yang Huan also knows that our Benfica is the second team in Europe to win the Champions League, with a long history, and our results have been very stable in the past few years."

After hearing this, Yang Huan nodded constantly, "Chairman Vieira, there are many calls from the outside world for further expansion of the International Champions League. We have been studying this plan very seriously. If we decide to expand the army, we will definitely give priority to Benfica!"

"As for Southampton and Benfica cooperation, we are also very welcome!"

Vieira also knew that such a thing could not be agreed upon in just a few words, but he didn't mind.

Just kidding, who does not want to participate in the International Champions League of Miracle Media for the current European team?

Look at the teams participating, they can earn at least more than 10 or 20 million euros in net income every summer. If they can sign sponsorship contracts in North America and Asia, the income will be even greater.

Just like Benfica, the annual income of only 100 million yuan was deducted from player transfer income. He played several games in a summer and had a net income of 10 or 20 million euros. The temptation for them is too great.

But on the one hand, Miracle Media has very high requirements for participating teams, almost all of which require European front-line teams.

Although there are controversial teams like Monaco, considering the influence of the Ligue 1 and Monaco has indeed performed quite eye-catching this season, everyone has let it go and instead thinks Miracle Media is very eye-catching.

However, after the expansion of the International Champions League, there were only 16 places in total, which was difficult to meet the needs of many European giant teams. Therefore, many mid- and upper-level teams in the four major leagues, as well as upstream teams in other leagues, are calling for further expansion.

Many people even formulated a plan to hold a qualifying match before the main competition.

The team with outstanding results in the qualifying competition will advance to the main competition and participate in the championship competition with the powerful teams.

This plan has also received great attention. After all, this will make more teams participating in the event and also make the event more intense.

As for the schedule, it will be advanced from the end of July and early August to mid-July, or even early July.

Although it may affect the team's preparation, European teams have also fought hard to generate income!

Yang Huan, Sun Yue and others are cautious about the International Champions League. After all, they have just expanded their troops and are too big to get rid of the ball. However, the market's reaction is so hot that they must also pay attention and positive feedback.

Otherwise, it is hard to guarantee that no one will set up another mountain!

Of course, the International Champions League has made a name for itself, and the giant teams have been beaten up in one go. It is very difficult for others to reorganize an event, and the high appearance fee makes the threshold very high.

Even if the RS company cannot be operated, it may be difficult for others to gain a foothold.

Vieira is not a fool either. Of course, I know that it is absolutely impossible to get any promise by just one word of his own or Benfica borrowing a training base to Southampton.

But he was still trying to get closer to Yang Huan intentionally or unintentionally.

When talking about opening a club to run, he vaguely, intentionally or unintentionally mentioned the issue of third-party ownership of the Portuguese Super League.

Yang Huan also wanted to repay him with a favor, so he understood the truth.

"I can guarantee that FIFA will soon work with UEFA to rectify third-party ownership, so the transformation of the Portuguese Super League team is imminent!"

"Take it serious?" Vieira frowned.

To him, this news was simply an earthquake-magnitude.

Of course, it is not too surprising. After all, in the past few years, news of UEFA and FIFA suppressing third-party ownership has been heard, but it has always been thunder and light rain. Could it be that this time it is serious?

"Absolutely, I promise!" Yang Huan was very sure, "and it is very likely that it will take effect and implement it officially starting next year!"

Vieira and Rui Costa looked at each other, and were obviously panicked.

There are still several players in Benfica team held by third-party institutions. If they cannot sell them quickly before the ban takes effect, even if they violate the rules, they will definitely be punished by UEFA and FIFA.

Not afraid?

Stop kidding!

Just one thing, banning Benfica from participating in the Champions League is enough to put Benfica's finances on the brink of collapse!

Yang Huan looked at Vieira's face and knew exactly what was going on.

The chaos in the Portuguese Super League team is difficult for outsiders to understand.

Not to mention, even if they are both teams in the Portuguese Super League, teams like Porto can directly affect or even directly interfere in the transfers and appointments of other Portuguese Super League teams, which is unimaginable in other leagues.

Just kidding?

Look at Mourinho's resume. Didn't he find a job after being laid off and finally went to Porto to ask for a meeting with Porto's chairman Dacosta. Finally, Dacosta arranged for Mourinho to go to Leria as the head coach, and then took over Porto?

However, Mourinho is indeed tough and strong enough. After Porto's performance was eye-catching, he immediately fled the Portuguese Super League, ran to Chelsea, successfully whitewashed, and transformed into a world-famous coach. But even so, he was still involved in some scandals in Porto and Dacosta.

In short, this pool of water is very deep!

"Master Huan, thank you for telling me such an important piece of news!"

Vieira thought for a while before he let out a sigh of relief. He felt that the cold winter of Portuguese football was coming.

If third-party ownership is really restricted, where can the Portuguese Super League teams get the financial resources to introduce high-level stars?

Yang Huan felt a little strange when he saw his grim expression that looked like a mountain of Mount Tai.

"Louis, I have always had a doubt. I wonder if you can help me with the answer?"

After hearing this, Vieira nodded immediately and said, "Young Master Huan tells me such important news, then I have nothing to say."

Yang Huan nodded with satisfaction and asked, "I'm very strange. Logically speaking, you sell players every year and sell a lot of money. Why do you still rely so much on third parties? Haven't you ever thought about leaving the third party aside and doing it alone?"

After hearing Yang Huan's question, Vieira and Rui Costa looked at each other and shook their heads helplessly.

"Master Huan, you don't understand our situation." Rui Costa sighed in a sigh.

"Then you tell me!" Yang Huan asked with interest.

Because he is really interested in knowing why there is such a weird league model in the Portuguese Super League?

Rui Costa immediately looked at Vieira, his eyes as if asking, can you say, Chairman?

Vieira also thought in his heart. Perhaps he felt that Mr. Huan was a trustworthy person, or he really wanted to get closer to Mr. Huan, so he nodded and said that he could speak.

After Rui Costa received the authorization, he thought about it and organized a speech.

"Young Master Huan, what you said is that you only hear reports from outside media and the official statements of the other party's club, but if you go and look at our company's financial statements, you will find the problem."

As a listed company, Benfica has to disclose its financial statements every once in a while.

However, for fans, this is not usually followed.

What fans pay most attention to is the team, and they don’t care about how much you earn or how much you spend.

"What do you mean is that the player transfer fee must be shared with the third party?"

Yang Huan thinks, isn't this strange at all?

In this model, the player is like a commodity. A third party holds a certain share. If you sell the commodity, you will naturally have to share the money. Isn’t this very reasonable?

But Rui Costa shook his head and smiled, "It's not that simple. Master Huan, the specific operation is much more complicated than this."

Yang Huan was really confused about this time.
Chapter completed!