Chapter 149 Acquisition of Manchester United (2)
Manchester United finally began to recover when the New Year meeting arrived, qualifying from the first stage of the Champions League group stage, allowing Ferguson to devote his energy to the league.
Their successive victory over Newcastle, Liverpool and Arsenal three strong teams, Van Nisstruy and Fran, allowed Manchester United to open up all the fire from then on.
These three games are also the most important games for Manchester United to win this year. But throughout the season, only Arsenal took a point from Manchester United with difficulty at home.
Liverpool began to fall from this stage. Although Arsenal lost, they began to lead the long-term in the standings at this stage. After Manchester United defeated Arsenal, although they were still three points behind, they have laid the groundwork for their catch-up.
In December, Manchester United, who had experienced consecutive fierce battles, began to show signs of fatigue. After defeating West Ham United at home, they eliminated Chelsea from the League Cup. However, the defeat against Blackburn and Middlesbrough gave the media enough reason to speculate on the revenge battle between Manchester United abandoned players (York and Cole) and former assistant coach (McLaren).
In 2003, Manchester United regained its vitality, especially the controversial Uruguayan scorer Fran and Beckham, who returned from injury, became the main driving force. Although there was some luck in the continuous victory, they reached the fifth round of the FA Cup and reached the final of the League Cup during the same period. With a terrifying six consecutive wins, Manchester United chased the gap to 3 points.
Ferguson believes that the suspension of European competitions during this period has given Manchester United time to adjust.
After six consecutive victories, Manchester United ushered in the Manchester derby again. Sun Jihai started and made great contributions, delaying Manchester United's pace of progress. Manchester City is also one of the few teams that only allowed Manchester United to score 1 point this season.
The draw by Manchester City put Manchester United in a trough. First, they were defeated by Arsenal at home in the fifth round of the FA Cup, and the locker room incident that shocked the world was also revealed. Later, they tied Bolton in the league and lost to Liverpool in the League Cup final. The cold February of England made Manchester United's road to winning the championship go all over the ground.
In March, Manchester United, who successfully reached the quarterfinals of the Champions League, began to re-sweep the domestic league. They sent a substitute against Basel and La Coruña, but defeated Leeds United, Aston Villa and Fulham in the domestic league one after another. Before the quarter-finals of the Champions League against Real Madrid, Manchester United defeated Liverpool at home, even alarmed Real Madrid.
After the Bernabeu lost 1:3, although Ferguson did not give up the Champions League, he had already begun to prepare for the final decisive battle with Arsenal. Manchester United's soldiers vented their anger on Newcastle United, and the 6:2 victory at St. James Stadium also surprised Arsenal. The result of the game at Highbury was not important. What was important was that the Red Devils were hitting the Gunners' confidence and fighting spirit. Ferguson also asserted that the Arsenal back line, which lacked Campbell, would have many loopholes. As a result, Arsenal barely tied Manchester United 2-2 with an offside ball.
After returning to home court, he staged a passionate drama with Real Madrid, Manchester United cooperated to make good off-court shows, which made Beckham's transfer come to the sky. Although he left the European arena, from Ferguson's face, he tried his best to win the league championship this season.
This is the late April.
It was also at this time that Jiang's Investment Fund and the Glazer family set off a financial war for Manchester United in the stock market.
Judging from Manchester United's schedule, their last opponents this season are not very strong. Arsenal has lost the capital and confidence to compete with Manchester United due to his serious injury.
Manchester United defeated Blackburn, Tottenham and Charlton in succession, while Arsenal was tied by relegation team Bolton and defeated by relegation Leeds. With two rounds left, he handed over the championship.
This is the May Day International Labor Day holiday.
With Manchester United winning the domestic league championship and the competition between Jiang's Investment Fund and the Glazer family, Manchester United's stocks soared rapidly.
Seeing that the situation was a little out of control, Jiang Lingyu decided to open up a second battlefield, that is, to use all the financial resources of Jiang's investment fund to crack down on the industry of the Glazer family in the United States.
Although the overall strength of the Glazer family is slightly stronger than that of the Jiangshi Investment Fund at that time, most of its assets are fixed assets, and its working capital is only about one billion US dollars, which is completely incomparable to the Jiangshi Investment Fund, which just won tens of billions of dollars in the oil futures market last month.
Jiang Lingyu's plan to surround Wei and save Zhao was a great success. After Jiang Lingyu attacked the Glazer family's hometown, the Glazer family felt strong pressure and had to relax their acquisition of Manchester United and return to the rescue with all their might.
At the same time, Jiang Lingyu was not ruthless in his attack on Manchester United's stocks. She asked Magneil, the first shareholder of Manchester United at the time, to acquire more than 75 million Manchester United shares under his jurisdiction. The Irish horse racing tycoon could not withstand the temptation of Jiang's investment fund's quotation of up to 300 pence per share, and sold all his shares under him, which accounted for 29% of all Manchester United shares to Yizhang Fund.
In this way, with the 22% stake that Jiangshi Investment Fund originally bought, Jiangshi Investment Fund already owns 51% of all Manchester United shares.
Seeing that the situation was hopeless, the Glazer family took the initiative to file a request to settle with Jiang's Investment Fund and sold the 18% of Manchester United shares acquired by their family to Jiang's Investment Fund at a price of 300 pence per share.
By this time, Jiang's Investment Fund had controlled 70% of all Manchester United stocks.
So Jiang Lingyu immediately submitted a formal comprehensive acquisition application to the London Stock Exchange Center. This day was more than ten days earlier than the deadline set by the stock market's "Acquisition Council" for Jiang's Investment Fund (May 17).
Less than an hour after the acquisition was introduced, Scottish mining giant Dobson, the third largest shareholder of Manchester United club, decided to "follow the flow" and agreed to accept Jiang's Investment Fund's 300p offer and sell its 6.5% stake (about 17 million shares). In this way, Jiang's Investment Fund's holdings in Manchester United have actually reached 76.5%, which not only has firmly grasped control of the club, but this means that Jiang's Investment Fund can make revolutionary adjustments to the club's personnel structure in the next 60 days, including the club's board of directors, which also reached the lower limit of 75% holdings that marks the success of the acquisition.
As of Wednesday, May 7, when London stocks closed, Manchester United's share price had soared 22% to 292 pence per share, and will maintain this price at least in the next week.
At 6 p.m. Wednesday, the latest news from Jiang's Investment Fund showed that Jiang's investment fund's holdings were as high as 80%, and relevant parties will issue a statement on Thursday morning to announce the progress of the situation.
In any case, the situation on Wednesday means that as long as Jiang's Investment Fund successfully acquires 1.6% of Manchester United shares, it can allow the club to "forced delist" from the stock exchange, making it a "private-owned" club.
If Jiang's Investment Fund's holdings reach 90%, according to the relevant commercial regulations issued by the British government, Jiang's Investment Fund can "mandatory" buy out all Manchester United shares, making it a veritable "private ownership".
"Master, because we didn't even have a single share of Manchester United before. Now we have spent a total of 700 million pounds, which is about 970 million US dollars to acquire this 81% stake. If we want to completely acquire Manchester United, we will have at least 164 million pounds, which is about 230 million US dollars. In other words, if we want to completely acquire Manchester United, the total cost will be around 1.2 billion US dollars, which does not include the upcoming recruitment, stadium renovation and maintenance after the acquisition of the team." Jiang Lingyu said, "I estimate that if we follow your recruitment plan and stadium renovation plan, our spending this year will be as high as 2 billion US dollars!"
Jiang Feng knew what Jiang Lingyu meant, but he immediately stopped Jiang Lingyu and said, "Lingyu, I know all of this. I have been mentally prepared for a long time. You don't need to say anything, just follow my first plan."
Although the budget for Jiang Feng's acquisition plan has increased a lot due to the unexpected intervention of the Glazer family, this is within Jiang Feng's acceptance range.
Moreover, this action was not actually paid so much, because Jiang Lingyu told him that when Jiang's investment fund attacked the Glazer family's business in the United States, it had a profit of nearly $500 million. In other words, even if the total acquisition of Manchester United costs $1.2 billion, the real investment of Jiang's investment fund is only $700 million, and the other $500 million is paid by the Glazer family. This is far lower than the 790 million pounds spent by the Glazer family to acquire Manchester United. Of course, most of the funds spent by the Glazer family is loaned to banks, and the Manchester United team eventually paid by the order.
This is to assume that the Glazer family paid for the behavior of another time and space, Jiang Feng said in his heart.
Jiang Feng was in a bad mood because of the series of unpleasant news just now. Now that he received this news from Jiang Lingyu, Jiang Feng finally felt much better.
Jiang Feng was thinking that some of the products of Jiangshi Biotechnology must be accelerated, otherwise they will not be able to catch up with their investment and transformation plan for Manchester United, because many of the products of that plan need to be produced and provided by Jiangshi Biotechnology, and they are not in the current market. (To be continued. If you like this work, you are welcome to come to Qidian to vote for recommendations, monthly votes, and your support is my greatest motivation.)
Chapter completed!