Super Spender - Chapter 374
Chapter 374: Chapter 368: The Worldview of the Rich (Part 2)
Translator: 549690339
What was the meaning of his sudden departure? Was it related to what he just said? Florentino was profoundly puzzled, unable to connect the dots despite Finn Lewis’ seeming implication that he wanted Elias sold and not remain with Real Madrid. However, the specific reason as to why he didn’t want Elias to stay with Real Madrid was beyond Florentino’s understanding. Could it be possible that Finn was a Real Madrid fan?
Regardless of the reasons, Florentino had decided to consider alternatives for Elias’s position. Although the reasoning was unclear, since Finn had been so adamant about it and even willing to pay to get Elias off the team, it seemed Elias was destined to leave Real Madrid. After all, Florentino could not ignore the profit of 50 million South Federation currency.
Even though Florentino had guessed part of it, he had no idea what Finn was really up to. Will, on the other hand, had a pretty good guess. Because after leaving Florentino, Finn had straightforwardly asked him, “Atletico Madrid is not a member-owned club, is it?”
Being one of the two clubs in the capital region of the Sperian Kingdom, Real Madrid and Atletico Madrid are mortal enemies within the city. Of course, being in the same city doesn’t always lead to rivalry, for example, the relationship between Real Madrid and another Madrid-based club is relatively good as the gap in strength is so great that they could not be called city rivals.
Even though Real Madrid and Atletico Madrid are both La Liga teams and have different strengths, the disparity isn’t so great. These two teams could be called mortal enemies, and it was surprising that there was such a transaction between them.
After leaving Florentino, Finn directly asked Will to help contact an Atletico Madrid’s representative. But during the enquiry, Finn was surprised to learn that Jerry King, major shareholder of Flytech Group, had plans too to invest in Atletico Madrid; specifically, to purchase roughly 20% of Atletico Madrid’s shares for 50 million South Federation currency. Finn did not inquire further, instead he had Will contact Renzo, the current owner of Atletico Madrid, who holds approximately 36% of the shares, with another portion of shares being held by Madrid’s official representatives.
Jerry King is probably negotiating with Renzo at this moment, but none of that was important. Finn was able to meet with Renzo later that night. Frankly, Renzo was somewhat stunned when he received the call. It has been known for a while that Flytech Group of Flame Nation wanted to become shareholders of Atletico Madrid, and their negotiations were nearly complete. However, now suddenly a new player emerges.
Atletico Madrid isn’t worth much, roughly a market value of 250 million South Federation currency. Atletico Madrid wasn’t performing well, so Renzo didn’t want to continue operating it. This is why he planned to sell his shares. Although he could only sell 20% of the shares for the time being, he hadn’t expected new prospects to emerge. Additionally, Madrid’s officials own roughly 40% of Atletico Madrid’s shares.
The Madrid officials didn’t want to keep Atletico Madrid; they couldn’t let it go bankrupt, so they had to give Atletico Madrid a loan. If anyone wanted to buy it, they would have sold it a long time ago.
However, the fact that someone wanted to buy Atletico Madrid’s shares meant Renzo naturally had to meet with them. If there are competitors, doesn’t this mean that the stuff he’s selling could get a higher price? Therefore, Renzo quickly agreed to the meeting, but after meeting with Finn that night, Renzo was rendered speechless. Renzo recognized Finn immediately, as Renzo had other businesses.
Although Renzo was not personally managing these businesses, his eldest son was in charge. But as an internet entrepreneur himself, Renzo was aware of the big news about T Company being acquired and had specifically researched information in this area. When Finn appeared, Renzo recognized him immediately. He never imagined that Finn would also be interested in Atletico Madrid!
Although Atletico Madrid is historically the second-best team in La Liga, that’s only history. The current Atletico Madrid is lacking in many areas. Shouldn’t someone like Finn be interested in those big clubs, like Manchester United, Inter Milan, AC Milan, and others like them?
“Mr. Renzo, good evening, I believe you already know why I’m here,” Finn said straightforwardly after exchanging pleasantries.
“Yes, I know, and I am indeed interested in selling. But I’m curious. Why are you interested in Atletico Madrid, Mr. Lewis?” Renzo asked with some curiosity.
“Two reasons, first, I’m a fan of Atletico Madrid,” Finn replied very directly. Just a few steps behind him, Will almost fell over. Wasn’t Finn just telling Florentino, the middle-aged man from Real Madrid, that he was a fan of Real Madrid? Now he’s saying he’s a fan of Atletico Madrid. Can he say that with a straight face?
But seeing Finn’s undisturbed demeanor, Will could only remain speechless. On the other hand, Renzo was taken aback. A fan? Do wealthy people really become true fans? Seeing Renzo’s disbelieving expression, Finn didn’t beat around the bush and said directly, “The second reason is, I was going to buy a big club, but I thought buying a big club wouldn’t be promising, as it would lack a challenge. It’s more interesting to acquire a second-tier team and then topple those big clubs.”
Upon hearing this, Renzo was speechless. Was it appropriate to say that Atletico Madrid was a second-tier team to his face? We’re still one of the top teams in La Liga, right? However, it appeared to Renzo that Finn’s second reason was the more likely of the two. Will, standing behind Finn, had similar thoughts. Of course, Will also knew that Finn must have come for Elias since Atletico Madrid still owned 50% of Elias’s transfer rights.
“I’m wondering how many shares you’re looking to acquire from me, Mr. Lewis?” Renzo asked after some thought.
“Mr. Renzo, how many are you willing to sell? I’ll buy as many as you are willing to sell. Also, I would like you to help me contact the Madrid officials. I want to purchase a portion of the shares they have as well.”
“I plan to sell only 30% of my shares. I’ll keep the remaining 6%,” Renzo decisively stated after giving it some thought.
“30% of shares, market value is 75 million South Federation currency. I’ll offer 100 million South Federation currency. We can sign the contract now,” Finn said as directly as ever.
Renzo: “…” Renzo was dumbfounded. If Finn had sought him out, then Renzo believed Finn must have been informed about Flytech Group’s dealings. They were both from the Flame Nation, but knowing this meant Finn would have been aware of the asking price. If Flytech Group was willing to pay 50 million South Federation currency for 20% shares, Renzo would have sold already.