Losing Money to Be a Tycoon - Chapter 712
Chapter 712: Boss Li: Give Me One Too!
SUG Club.
Several club managers who had decided to sell their GOG teams were waiting for Manager Li to express his opinion.
“Manager Li, why hasn’t Boss Pei announced the transfer of the GOG teams until now? There’s still no news on the internet!”
“That’s right. Boss Pei’s behavior is a little abnormal. Although we might not be able to sell it at this price, we have to advertise and look for potential buyers, right? Or has Boss Pei decided to take over the business himself?”
“Sigh, I don’t know what to hope for now. Should we hope that a lot of people would bid for it or that no one would buy it…”
The club managers could not hold it in anymore.
That was because this matter was completely out of their control!
Initially, Manager Li had already made arrangements and informed the big clubs not to take over.
Manager Li had thought that Boss Pei would publicize this matter widely in order to knock them down. Many people would have been invited to bid for it.
However, if Boss Pei had done that, he would have fallen for Manager Li’s trap.
Because of Manager Li’s initial operations, no matter how much Boss Pei advertised, there would not be many people bidding for it. That meant that Boss Pei would have no choice but to fork out his own money to take over the teams. At the same time, it would also mean that the GOG teams had been wrongly valued at such high prices.
If that had happened, SUG Club would have taken the money and left. Then, they would change teams and fight their way back to the GPL. They would have been able to earn a few million yuan just like that, and it would have been great.
The other clubs had had similar thoughts.
Yet, Boss Pei was not doing any publicity at all!
Why?
Manager Li tapped the table lightly and fell into deep thought.
A moment later, he said in a low voice, “I understand Boss Pei’s plan. He… probably wants to ‘save the market’.
“He probably saw through our thoughts.
“Think about it this way. If Boss Pei were to publicize it with great fanfare but not many people bidded for it, it would mean that GOG’s teams are not worth that much money. The show would not be able to continue.
“Thus, Boss Pei decided to close the market and only publicize it within a small area. He wanted the people around him to buy a little of it so that he could save the rest for himself. That way, it would give people the illusion that they were ‘in high demand’.
“To put it bluntly, it’s the same tactic used by certain merchants.
“Limit stock, and sell them bit by bit. Raise the transaction price and slowly ’empty the store’.
“That way, the market would not collapse, and they would earn more money!”
The other club managers were enlightened.
So that was why!
Boss Pei had already seen that not many people would take over the business, so he planned to cover it up himself. He purposely chose not to spread the news, creating the illusion that ‘ordinary people would not be able to buy it, and insiders would be fighting for it’. That maintained the high valuation of the GOG branches and GPL’s entry rights.
Once Tengda bought all of them, they could sell them slowly through other methods and in a closed market. That would create scarcity and raise the price.
“What should we do then?” Someone began to panic.
If Boss Pei really succeeded, the sellers would definitely suffer losses. It would be difficult to buy their teams back.
Manager Li laughed. “What are you panicking for?! We have our ways!
“The simplest solution would be to buy fake reviewers online and publicize the news with great fanfare. They could say that the GPL is about to collapse, and several clubs are transferring their GOG teams. Due to Tengda’s unfair regulations, the league cannot be held!
“We have already spoken to the other big clubs. They will definitely not take action.
“It’s human nature to buy up or down. As long as the ‘down’ expectation is formed, other capital would observe and not buy in.
“Then, Boss Pei’s method of closing the market would collapse on its own!
“After all, the prerequisite for closing the market is that one has to make small transactions. If no one wants to make transactions, why would you close the market?”
The club managers’ eyes lit up. “Alright, we’ll arrange for fake reviewers!”
Manager Li could not help but sneer. “Hmph, Boss Pei, that’s all there is to you.”
“How can you be as powerful as the rumors say you are?”
…
…
November 2nd, Wednesday…
Pei Qian woke up as usual and went to Fish-Catching Internet Cafe to have his breakfast while scrolling through his cell phone.
He actually did not care about selling the GOG teams because there was no need to.
He was just waiting for Tengda to take over after all the teams failed to be sold!
He was browsing today’s news when someone suddenly called.
Pei Qian looked closely. It was Lin Chang!
Why was he calling?
Fei Huang Workspace’s new movie was not even confirmed yet!
Puzzled, Pei Qian picked up the phone.
“Hello? Boss Pei, I heard that the clubs in Tengda’s GPL league are now transferring their existing GOG teams and GPL spots?”
Pei Qian’s mind immediately filled with question marks.
?
He quickly said, “Lin Wan told you?”
Lin Chang smiled. “There’s no need for Ah Wan to tell me. It’s all over the internet!”
Pei Qian’s mind filled with more question marks.
He quickly gestured for the waiter to bring his laptop over. He held his cell phone as he searched for relevant information online.
In the end, the news was all over the Internet!
He did not know where it had come from, but there was even information about the prices of various clubs. A large number of netizens had been discussing it since last night!
He casually scanned through a few posts.
“Over ten million yuan? That’s a lot of money!”
“Once I win the lottery, I’ll definitely buy one. Pro players will play games with me!”
“EK wants to sell the runner-up? Are they crazy?”
“It looks like the news from a while ago is true. Tengda is squeezing the clubs too hard. The clubs are planning to quit together. That’s why they’re selling them! That means they’re not playing with Tengda anymore!”
“I think Tengda is going to suffer this time. The starting price is so high – who would buy it? That’s enough money to buy a small club and then some!”
“I heard that Tengda is going to back them up if they can’t sell them? Is that true?”
“That can’t be. Tengda doesn’t have a bottom line. Do they burn money?”
The netizens were all discussing among themselves. Some were from the club while others were from Tengda.
Pei Qian felt light-headed.
Who did it?!
Who leaked the information?!
I just wanted to lose some money without making a sound, but now there’s so much attention. What if someone comes to snatch the teams?!
Over the phone, Lin Chang said, “Boss Pei, did the GPL competition not go well? I saw the comments online. Those clubs don’t seem to listen to you.
“Let’s do this. I’ve discussed this with my second brother. The football club that he’s raising has already spent a lot of money, and the publicity is quite good. I’ll tell him to spend some spare money to buy a GPL team.
“In any case, I believe that Boss Pei would definitely be able to complete the GPL. Then, we would be able to see Shenhua’s team in the competition. That would be great!”
Pei Qian’s mind filled with more question marks.
Sensing that Lin Chang was about to hang up, Pei Qian quickly said, “No need! There’s really no need! I have everything under control. I don’t need any help!”
On the other end of the line, Lin Chang smiled. “Please, this is not considered helping. We’ll buy a GPL team to advertise ourselves.
“Don’t worry, Boss Pei. This is just a small sum of money. My brother’s football club’s transfer fee is 20 million yuan. It’s quite worth it to buy a ready-made GPL team with 10 million yuan.”
“That’s it. I’ll go to Jingzhou to drink with you someday!”
After saying that, Lin Chang hung up.
Pei Qian looked at his cell phone screen. “What the…”
He read the information online again.
Although most of the Netizens had negative outlooks of the game and felt that the GPL would be affected by the combined resistance of so many clubs, Pei Qian had a vague feeling that things would not develop as expected on the internet.
Sh*t!
There were only six teams in total. The more he sold to third parties, the less Tengda would have. That meant that he would have to spend ten million yuan less!
Without delay, he quickly called Zhang Yuan.
“Hello? Zhang Yuan, how many people have contacted you regarding the GPL teams recently?”
Zhang Yuan’s surprised voice sounded from the other end of the line. “Boss Pei, there are at least ten buyers expressing their intentions to buy!”
Pei Qian’s heart nearly dropped.
Ten companies?!
He had thought that two or three companies would have been good enough. Why were there so many people?!
Pei Qian quickly asked, “Who are they?”
Zhang Yuan answered, “Boss Li’s Fu Hui Investments and investors want to buy two companies; Shenhua Real Estate’s Boss Lin wants to buy one; that coal boss’s rich second-generation heir, Xue Zhebin wants to buy one; Sun Strike Studios’ Zhou Muyan wants to buy one…
“Other than that, there are also some big companies that wanted to work with us for a long time, as well as speculators who saw a business opportunity and wanted to sell the teams after the GPL quota fills…”
Pei Qian was silent.
If that was the case, there were more than ten companies!
He was just a little puzzled. Why were Xue Zhebin and Zhou Muyan getting involved?
Xue Zhebin had set up a restaurant with Boss Li, and he was a young man. It was understandable if Boss Li had tricked him into buying a club. Yet, what about Zhou Muyan?
Pei Qian said to Zhang Yuan, “Alright, find a time to arrange for everyone to bid. The sooner the better!”
Pei Qian did not dare to wait any longer. Things might change if he waited any longer.
The more people participated, the higher the price. That would be terrible!
After hanging up, Pei Qian immediately called Zhou Muyan.
He wanted to ask Zhou Muyan why he had come here to interfere!
Soon, the call went through.
“Boss Zhou, why did you come to buy an E-Sports Club for no reason?” Pei Qian was confused.
On the other end of the line, Zhou Muyan was a little stunned. “What’s wrong? Can’t I?”
“…Alright, but that’s more than ten million yuan. It’s not profitable for Sun Strike Studios to keep a club like that. What do you want?” Pei Qian was very confused.
Zhou Muyan smiled. “Oh, so Boss Pei is afraid that I’ve wasted money.
“You don’t have to worry about that. Sun Strike Studios is a game company to begin with. Isn’t it reasonable for it to raise a club to make their presence known in front of gamers, advertise themselves, and publicize their new game?
“Don’t worry, Boss Pei. Our studio’s income is more than enough to cover these costs.”
Pei Qian: “…”
Indeed, Sun Strike Studios was a famous developer of games with paywalls. There were many games that earned more than a hundred million yuan a month. It was indeed a piece of cake for them to spend over ten million yuan on a club.
What Zhou Muyan said made sense. Pei Qian could not find a way to refute him.
“Alright.” Pei Qian hung up helplessly.
Zhou Muyan looked at his phone with a confused expression.
Why did it feel like Boss Pei was not too happy about his support?
