But I just don’t know how much money it would cost to acquire this basketball team?”

“I feel more at ease if you take over this thing. If other companies take it over and make a mess of it, it will be even more troublesome.

As for the acquisition funds, you don’t have to worry too much. According to our current estimates, once the Guangcheng Group enters the bankruptcy reorganization process.

Then our Tianhai Municipal Government will inevitably take the lead in forming the relevant units for bankruptcy reorganization.

The valuation company will calculate the price at that time, and we will not cheat you out of a dime!"

How much this basketball team is sold for actually has nothing to do with Lu Dezhi.

He just felt that Lin Feng was rich and powerful, and as long as he took over the basketball team, at least there would be no trouble in the future.

In addition, this professional basketball team is one of the few assets of Guangcheng Group with positive operating income, so selling it to Lin Feng was naturally done from the perspective of not defrauding the other party.

"Well, if it's only a few hundred million, I can play with it, but if it's more than tens of billions, then I'm not interested!"

After listening to it, Lin Feng immediately expressed his opinion!

"Impossible, don't worry, the current valuations of HBA league basketball teams range from tens of millions to hundreds of millions, and the Tianhai Guangcheng basketball team is very average, so it won't cost you much.

If you really don't want to pay out of your own pocket, I can contact banks or other financial institutions to lend you some money, so you can get something for nothing, right? "

"Come on, I'll just pay for it myself. I don't use the money in my own bank. I have to borrow money from other banks and pay high interest every month. Isn't this ridiculous?"

Although Lin Feng knew that Lu Dezhi had good intentions, he still rejected the proposal outright.

Lu Dezhi smiled and said, "Haha, that's true. If you can't even come up with a few hundred million, are you still called Lin Feng? Okay, I'll let the people below take care of this matter. When things are almost settled, I will contact you in person, and then you can send someone or come over in person to finalize the matter!"

"Well, it'd better be as soon as possible, because my Longteng L3 mobile phone will be launched globally in a month.

If I could buy it before then and give it a name, that would be even better!"

Lin Feng also thought that if he really wanted to buy this basketball team, he would take advantage of this period of global launch to add fuel to Longteng Technology to make it burn more vigorously.

"It doesn't matter. A month should be enough. After all, I still have the final say in the Tianhai Municipal Government!"

Lu Dezhi hinted.

"Okay, then let's make it a deal!"

Just one week later, Lu Dezhi called as expected.

"Director Lin, the matter has been handled. Currently, Guangcheng Group has been fully taken over by our Tianhai Municipal Government.

So next we have the power to auction all our assets.

According to estimates by a third-party appraisal company we found, the current valuation of the Tianhai Guangcheng professional basketball team is 220 million.

Of course, it is impossible for us to sell it completely at the valuation, so we will launch a judicial auction next to auction Guangcheng Basketball Club Co., Ltd., which owns Tianhai Guangcheng Professional Basketball Team.

As for the reserve price, it is currently set at 190 million, and we estimate that the final transaction price will be between 200 and 220 million!"

Although Lu Dezhi has the final say, this matter is completely transparent, and he cannot just sell Guangcheng Group's assets at a low price.

After all, Guangcheng Group is already running at a loss, and if it continues to sell high-quality resources at a low price at this time, it will inevitably be questioned by the outside world.

By then, Lin Feng might be implicated, so naturally no one would think about lowering the price to buy or sell.

“Will there be anyone competing with me on this?”

“What a joke! There aren’t many people willing to take over this kind of basketball team. Besides, our city government doesn’t support him, so what’s the point of him taking over?

In addition, we will also set some thresholds, such as it must be a strong company, the headquarters must be located in Tianhai City, and so on.

As a result, only a handful of people can participate in the competition.

Besides, your strength is there. I believe that if you really want to acquire it, no one in the entire Tianhai City would dare to object!"

Lin Feng agreed with this. Although many business tycoons have emerged in Tianhai City's business community, at present, apart from Lin Feng, no company can reach the level of Longteng Technology.

What's more, the Jiang family's influence in Tianhai City is growing. Even if others are not afraid of Lin Feng, they will be wary of the power of the Jiang family.

So this basketball team seems to have already fallen into Lin Feng's hands.

"Okay, then I'll go there in person during the judicial auction!"

"Well, it's just a few days away. You should prepare yourself and I will let you know when the time comes!"

After saying that, Lu Dezhi hung up the phone in a hurry.

Lin Feng also immediately made a decision to use Longteng Technology Group as the parent company to directly acquire Tianhai Guangcheng Basketball Club Co., Ltd. and become its absolute controlling shareholder.

In this way, Tianhai Guangcheng Basketball Club Co., Ltd. became a subsidiary of Longteng Technology.

At that time, the 200 million yuan of funds can be directly transferred from Longteng Technology Group, and there will be no need for me to pay for it out of my own pocket.

A few days later, Lin Feng took the opportunity to attend the auction and returned to Tianhai City again.

After reuniting with his family, he immediately headed to the judicial auction house.

In the auction house, Lu Dezhi did not come in person, but his full-time secretary Cheng came specially to accompany Lin Feng.

"Secretary Cheng, how is the arrangement of this auction going?"

Lin Feng had dealt with Secretary Cheng several times, so after meeting him, Lin Feng went straight to the point.

“Well, it’s not a big problem. You’re the only company that signed up. But Mayor Lu also said that although the offer is 190 million, the government’s face is still very important.

If you can pay a premium of 10 million and buy it for 200 million, that would be better!"

Lin Feng also knew that the Guangcheng Group was probably already heavily in debt, and the government was now counting on selling things here and there to pay off the debt.

Adding another 10 million at this time was not a big deal for Lin Feng, so he just regarded it as a favor to Lu Dezhi and the Tianhai Municipal Government.

"Okay, since Mayor Lu has asked for it personally, I am of course willing to pay an extra 10 million."