Neptune Capital’s matter has basically come to an end. The next step is to look at the operations of Goldman Sachs and coordinate the investment shares of the Abu Dhabi consortium, Qatar consortium and Kuwait consortium.

Zhou Buqi mainly focuses on two things.

First, buy Manchester United.

Second, the financing of the online shopping store Farfetch and the subsequent strategic cooperation.

Zhou Buqi did not attend the first formal meeting with the Glazer family. It was mainly led by his father and Zhu Jun, working with consultant teams such as Goldman Sachs, Barclays, and HSBC.

The other party shouted a sky-high price of 1.58 billion pounds, which was really greedy.

Football's attention in the UK is not much worse than that of the entertainment industry.

Moreover, everyone at Manchester United hopes that the club can escape the control of the Glazer family, and they are secretly trying their best to help Zhou Buqi.

Even the British media.

As the first round of negotiations failed, similar news was overwhelmingly reported in the media.

"The vampire continues to suck blood!"

"The final madness of the Glazer family, asking for 1.58 billion pounds for Manchester United!"

"Manchester United, Where to Go?"

"The Glazer family's asking price scared away Chinese conglomerates."

"Glazer, how much money do you want to make from Manchester United?"

"Just let it go, Glazer..."

The British newspaper industry is very developed. Even now in the Internet era, the sales of British newspapers have not decreased. On the one hand, because it is a habit, the British have been accustomed to reading a newspaper every morning for the past few decades; on the other hand,

, is due to infrastructure.

The UK is an early developed country, so the infrastructure is decades old. There is no mobile phone signal in the subway, so you can only read newspapers when you take the subway to work.

Under this situation, the public opinion treatment of the Glazer family in the UK is exactly the same as when they made a leveraged acquisition of Manchester United in 2005.

I was scolded when I bought it, and I was scolded again when I sold it.

There is great pressure from public opinion.

If this matter gets too big and never ends, the pressure on the Glazer family will be too great. Although public opinion is not law, public opinion reflects social cognition.

If the Manchester United case cannot be settled as soon as possible, the Glazer family's future business will have major problems. Let alone expanding to the British market, it may not even be able to exit the United States.

Manchester United's influence is so great. If they screw Manchester United too badly, fans all over the world will hate them deeply.

So, when Zhou Buqi took Sister Bao and two secretaries to Paris for two days and then returned to Manchester, he received a notice from the Glazer family.

They hope to start the second negotiation as soon as possible!

Zhou Buqi found San Dezi and had dinner together. "What do you think our quotation is appropriate?"

"this……"

"Take a guess."

"Well, I think... I guess 1.25 billion pounds will satisfy their appetite. If you don't want to waste too much time in the negotiation process, you can take over Manchester United faster by increasing the offer to 1.28 billion pounds.

"

San Dezi hesitated for a moment and then told the truth.

At the beginning, he was a confidant of the Glazer family, and he was a professional. He provided the Glazer family's assessment of the value of the Manchester United club.

Zhou Buqi sighed, "As soon as possible. I heard that Manchester United lost unexpectedly in the last game? The acquisition case has made people panic. From Manchester United's board of directors, management, to the coaching team, the players are all uneasy

.Hurry and settle this matter."

If I remember correctly, this season Manchester United won the Premier League championship again, and then went all the way to the Champions League final. Unfortunately, they ran into the "Dream Team" Barcelona in the final. After losing the final, Ronaldinho switched to Real Madrid.

, to compete head-on with Barcelona.

Although Sandoko is also British, he has studied and worked in the United States for many years and can speak fluent American English, so communication is very convenient. "The Glazer family is now anxious to start the second negotiation. If it goes well,

, the results should be available soon.”

Zhou Buqi waved his hand, "How much cash do I need to prepare here?"

Santoku said: "Manchester United is now in debt of 700 million pounds. If the deal is 1.25 billion pounds, you need to pay them 550 million pounds."

"How much did they make?"

"a lot of!"

"How many?"

San Dezi planned and said: "Back then, they paid about 250 million pounds out of their own pockets, and the remaining 540 million pounds were leveraged loans. In the past three years, Manchester United has repaid 190 million pounds of debt. In September this year, the financial tsunami broke out

, there was a problem with Glazer's family business. While selling the property, they used Manchester United to borrow 2.7

100 million pounds, and it was a loan shark with an interest rate as high as 16.5%. They used this money to save the family industry. This means that they invested 250 million pounds to buy Manchester United. Now they can not only recover 550 million pounds, but also

Through Manchester United, we helped shoulder the debt of 270 million pounds. After calculation, we made a total of 570 million pounds."

Zhou Buqi couldn't help but cursed, "What the hell, the rate of return is really high!"

Three years ago, the Glazer family invested 250 million pounds. Three years later, it made a net profit of 570 million pounds, with a return rate of more than 2 times. This investment income is no lower than his expected return rate from private equity.

Playing football can really make money!

Calling them the vampires of Manchester United is really not an injustice to them.

Sandoko suggested: "The 270 million pound usury loan must be repaid as soon as possible. This is mortgaged with 30% of Manchester United's assets and two board seats. This problem must be resolved as soon as possible."

"Um"

Zhou Buqi nodded.

Santoku said: "If your cash flow is sufficient, after the acquisition is completed, I can come forward to help you negotiate, communicate with the private equity lender, and close the contract. It is not expected to cost more than 300 million pounds."

.Coupled with the 550 million pounds paid to the Glazer family, you need to prepare 850 million pounds."

"What about U.S. dollars? How much are they approximately?"

"Around $1 billion."

"Okay, that's how we prepare."

Zhou Buqi accepted this plan.

There is still US$980 million in the family trust, which is reserved for the acquisition of Manchester United. At present, it is not enough. Because this case is too complicated, it only pays to the four major investment banks: Goldman Sachs, Morgan, HSBC, and Barclays.

As well as the fees of KPMG accounting firm and law firm, it may reach US$15 million.

Fortunately, he was prepared.

Pluto Capital is already in formal operation, and Neptune Capital is about to finish raising funds. By doing accounting and paying out the management fees for the next year in advance, we can raise US$400 million to US$500 million, which is enough to solve all problems.
Chapter completed!