Chapter 667: I Can’t Play Anymore
Moratti's three acquisition plans are actually very simple.
It all depends on how much interest Yang Huan has in Inter Milan and how much money he is willing to invest.
If Yang Huan's attitude is more cautious and he is unwilling to take over Inter Milan directly, he can first sell a small portion of the shares, such as 30%, but allow Yang Huan to enter the board of directors and arrange personnel to enter the club's management.
Of course, since they are a small shareholder, they will not have much say, and what specific power they can get remains to be discussed, but Inter Milan is very happy to cooperate with Southampton in youth training and scouting.
But if Yang Huan is willing to go a step further, Moratti would be happy to sell most of the team's shares, keeping only a small portion for himself, and then hand over all the management power of the team to Yang Huan. He would sit back and watch Young Master Huan and his team perform.
However, according to Moratti, he still plans to continue to place people on the board of directors and in the management. After all, he is also a small shareholder of the team and should always consider his own interests.
However, they also promised that if these two plans were adopted, if Yang Huan wanted to in the future, he could continue to acquire the remaining shares of Inter Milan, but the price would have to be negotiated separately at that time.
"If you are willing, Mr. Yang Huan, you can also completely acquire Inter Milan. Chairman Moratti is willing to give up all shares and power in the team and will no longer interfere in any affairs of the team unless Mr. Yang Huan feels it is necessary."
After Marco Fassone presented three plans, he put forward his conditions again.
"However, in order to protect Inter Milan's interests, President Moratti hopes to add some clauses to the contract and hopes that Mr. Yang Huan can make some promises, such as Inter Milan's performance in the next few years, Mr. Yang Huan's investment, etc. It would be best if there is a buyback clause."
After hearing what Fassone said, Morati seemed to be afraid that Yang Huan would feel disgusted, so he immediately explained.
"Mr. Yang Huan, although my opinion is to include these clauses in the contract, please believe that I will never use such clauses. If you think it is necessary, we can set a time limit."
In response to this, Yang Huan just laughed and didn't say much.
It would be strange if this so-called buyback clause, the so-called annual investment amount, or the club's performance really had a restrictive effect on investors.
This is probably more for the purpose of making it sound better in front of the fans.
Could it be that if Moratti sells the team today, he will have the money to buy it back tomorrow?
If he really has this ability, why would he sell the team?
In the final analysis, the Morati family doesn’t want to play anymore, and they can’t afford to play anymore!
In fact, even if Moratti sells Inter Milan now, his previous investment in the team will still be wasted, and he will not get much money at all.
Because, according to the acquisition procedure, the funds he obtained after selling the team must first be used to repay bank debts and fill the team's financial deficit. According to Yang Huan's initial estimate, these two amounts alone will cost 300 million euros.
According to the current outside valuation of Inter Milan, it ranks 14th in Europe, which is exactly around 350 million euros. That is to say, even if Yang Huan acquired all of it, the money Moratti got could only barely fill the deficit and debt of Inter Milan, and he himself would not get any money.
In other words, Moratti has given Inter Milan away for nothing!
Doing this is indeed a loss, but what will be the result if you don’t sell it?
Moratti has to bear the annual loss of 70 to 80 million euros by himself. How long can he last?
More importantly, it is worth 350 million now. What about next year? The year after? The year after that?
To put it bluntly, Inter Milan's current problems are two: one is that they have no money, and the other is that they have management problems.
However, these two major problems are difficult to be effectively solved in Moratti's hands.
When I had money before, I couldn’t solve the business problems. Now that I have no money, can I still solve them?
Coupled with the recent plunge in oil prices, the family business is becoming increasingly difficult. Moratti is probably facing considerable pressure. It would be wise to take drastic measures and get rid of this huge burden of Inter Milan as soon as possible.
Yang Huan is very clear about Inter Milan’s problems, but he still can’t get interested because it’s too bad!
With this kind of money, wouldn't it be better to simply acquire Fiorentina or Naples, and then recruit a large number of players to ensure that the team can reach the Champions League every year and ensure the team's income?
Therefore, throughout the entire negotiation process, Yang Huan always maintained a nonchalant attitude, only saying lightly that he would consider it carefully, but he never took any substantive step.
This made Moratti and others who came from afar deeply disappointed and regretful.
Because they all saw that Young Master Huan was not very interested in Inter Milan!
Watching Morati and others leave with disappointment, Cash Harris was also very surprised.
"Master Huan, you are not interested in Inter Milan?"
Hasn’t Master Huan always been pursuing something high-end?
Now there is an opportunity to acquire a top team like Inter Milan at a low price, but you missed it?
Although Inter Milan has declined, it is still a top team after all. What's more, Inter Milan is said to be one of the most popular European teams in China and the entire Asian region.
After hearing the question, Yang Huan laughed and asked, "Kaishi, do you think I should buy it and then invest tens of millions every year to make up for Inter Milan's losses?"
"Uh..." Cash Harris was really speechless.
As for the overall environment in Italy today, everyone knows that as one of the five PIIGS countries, Italy's economy is quite depressed, and what is even more regrettable is that the environment of the Serie A league is even worse.
Spain is also one of the PIIGS countries and its economy is also very depressed, but why is Yang Huan willing to enter Spain?
One of the most important reasons for acquiring Atletico Madrid is that the future prospects of the area around Atletico Madrid's new stadium are quite promising, and Atletico Madrid's finances are not as poor as Inter Milan's.
Compared with Atletico Madrid before Yang Huan's acquisition, Inter Milan has nothing else to compare with Atletico Madrid, except that its sponsorship fees from its two major sponsors exceed those of Atletico Madrid.
As for training base, Atletico Madrid is located in the most famous wealthy area in the northwest of Madrid.
Speaking of stadiums, there is no need to mention the old stadium. The new stadium also belongs to Atletico Madrid, so they can do whatever they want with it.
But what about Inter Milan?
The Meazza Stadium is not theirs at all. What's even more pitiful is that even if Yang Huan is willing to invest money to build a new stadium, he has no way of getting the approval.
Even if you want to learn from Juventus' model, you have to think about whether you have the ability and connections of the Old Lady.
If it were really that simple, Serie A teams would have built their own new stadiums long ago. Why would they have to wait until now?
The stadium is a pit, the financial revenue is a pit, and the team’s salary expenses are also a pit.
When there are pits everywhere, you still jump into them. Isn't that stupid?
"Kash!" Yang Huan sighed deeply and stood up from the cushion.
Cash Harris also quickly stood up and stood aside to listen.
"From an emotional point of view, I admire Moratti very much, although I don't agree with some of his practices, and even think he is too willful and too emotional, but I respect such a person and his feelings for Inter Milan."
Cash Harris nodded continuously as he listened.
It is really hard not to respect someone like Moratti.
"But we are talking about a business deal now. What I consider first is profit, not feelings!"
At this point, Yang Huan smiled slightly, "Don't worry, acquiring a Serie A team has always been in my plan. I have asked Raiola to collect intelligence. I believe that once there is good news, he will inform me as soon as possible."
"When that happens, it will be time for you, Kesh Harris, to strike again!"
Having just completed the acquisition of Tottenham Hotspur, Cash Harris is now very popular in European football.
Almost all the teams in Europe that want to sell their products have come to Cash Harris to make an appointment. Some teams have even made solemn promises that if they can trick rich people into coming, they will get a huge commission.
This short and fat British man has become the number one investor in European football.
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Yang Huan has already decided to sentence Inter Milan to death, and Moratti and the other two have been mentally prepared.
As soon as the three of them got on the boat, Morati let out a long sigh.
"It seems that he doesn't have much interest in Inter Milan!"
Fassone and Blanca looked at each other with helplessness in their eyes and nodded at the same time.
From the negotiation process just now, the meaning revealed by Yang Huan was undoubtedly quite obvious.
He is not interested in Inter Milan at all!
Because he had no intention of further negotiations or contacts from the beginning to the end, he just said he would think about it.
But consideration itself is an excuse, isn't it?
This is another painful blow to Moratti.
Inter Milan, which he regarded as a treasure, was not taken seriously by others at all. That feeling was really unpleasant.
What made him feel even more uncomfortable was that he was very clear that the source of all this was himself.
This is like a father who has a precious daughter but she refuses to marry him off, and the crux of the problem lies with the father. How can the father not feel guilty and blame himself?
"Massimo, I think we should make a second-hand preparation!" Fassone also felt helpless.
Moratti sighed again, but could only nod helplessly, "Although I am not optimistic about Thohir, so far, he is the only one who can take over Inter Milan."
Thohir is a wealthy man from Indonesia. He is very young and has no experience in professional football. He started contacting Inter Milan a few months ago. The two sides had in-depth talks, but were stuck on many key issues.
A very important reason is that Moratti always feels that Thohir is unreliable!
Precisely because he was not optimistic about Thohir, Moratti could not wait to rush to Qatar after hearing the news that Yang Huan was interested in acquiring an Serie A team. However, he did not expect that it was the goddess who had the intention but the king who had no dream!
"After you go back, make an appointment to talk with Tohir's team."
After hearing this, Fassone nodded and agreed.
"Marco, you have to remember that I have reservations about Tohir. During the negotiation, the details must be discussed and all restrictive clauses must be set. Besides, I can't sell all my shares to him. I want to have a seat on the board of directors. As for whether I can be a major shareholder or a minor shareholder, it's up to him!"
"Yeah, okay, I understand!"
"Also, there must be a buy-back clause in the contract, and I must have a veto right in some major decisions involving the interests of the club."
This put Fassone in a difficult position.
If Thohir becomes a minority shareholder and Moratti remains the majority shareholder, then everything will be easy.
But if Moratti becomes a minority shareholder and wants to have a veto power, it may not be easy to do.
It is not difficult to see from this point that the gap between this person and others is really huge.
As the saying goes, a man's reputation is like a tree's shadow.
When dealing with Yang Huan, Morati's clauses were all optional and could be accepted or not. He even did not mention the veto power. But when dealing with Tohir, Morati's attitude was so tough.
It’s interesting to think about it!