Chapter 759 The Power of Capital
Lu Qi quickly gave the answer: Naike took action!
Lu Qi did not learn about this news from Manchester United, but made this inference from Naike's actions.
It turned out that two days ago, Naike called Lu Qi, hoping to meet with Lu Qi to discuss the endorsement renewal of Yin Jun and Naike.
After entering 2006, Naike had negotiated with Lu Qi on the endorsement renewal of Yin Jun and Naike many times, because Yin Jun and Naike's endorsement contract had only the last year left.
However, in the previous few meetings, although Naike agreed to increase Yin Jun's endorsement fee, the increase was far from enough to satisfy Lu Qi, and the negotiations could not continue.
Neck's meeting was very urgent, and in the subsequent negotiations, the delegation was also very high, with Charles Danson, president of global brand marketing, taking charge personally, and Neck's senior executives such as Wu Nan McClavlin.
During the talks, Naike also showed greater sincerity than the previous negotiations. Naike said that he agreed to increase Yin Jun's endorsement fee to 8 million pounds per year. This is far higher than the 5.5 million pounds they offered before, and is not far from the 10 million pounds per year proposed by Lu Qi.
And, the price of £8 million per year is very interesting.
According to the current exchange rate of pound to USD 1.89, this is 15.12 million US dollars. According to the contract signed by James and Naike, it was a 7-year, $90 million contract, but it was not paid on average every year, but a differential contract. The specific one was 10 million US dollars per year in the first three years and 15 million US dollars per year in the next four years.
At present, James' contract is just in its fourth year, and James just started to receive an endorsement fee of $15 million per year.
Once Yin Jun signs a new contract, his endorsement fee will surpass James and become the star with the highest endorsement fee under Naike!
This is a recognition of Yin Jun’s status!
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Lu Qi did not agree, and she still insisted that the price of 10 million pounds would not let go.
This time, Naike did not agree immediately, but did not clearly mean to stop the negotiations. Instead, he told Lu Qi that they needed time.
Then, today, Lu Qi did not wait for Naike's call, but first received a request from Manchester United to start a contract renewal negotiation.
Although these two things seem to have no direct connection, Lu Qi immediately saw a lot of things from them.
With Naike agreeing to increase Yin Jun's endorsement fee, they definitely don't want to see Yin Jun wear other brands of jerseys. And the two clubs that are most eager to pursue Yin Jun are both teams sponsored by Adidas!
In this case, Naike will definitely put pressure on Manchester United, demanding that Manchester United not let Yin Jun go.
Naike is Manchester United's current big funder. In a 13-year super sponsorship contract reached by the two sides in 2002, Naike will sponsor Manchester United 23.5 million pounds each year, with a total contract amount exceeding 300 million pounds!
Coupled with the background of Naike's big American brand, the Glazer family must have been under pressure from Naike's senior executives.
Therefore, although selling Yin Jun now can get a huge amount of more than 80 million pounds or even 100 million pounds to alleviate the club's debt pressure and even take the opportunity to swallow a sum of money, it is very likely to anger a large company like Naike.
Considering Yin Jun's existence, the improvement of Manchester United's competitive performance and economic benefits, the smart Glazer family quickly changed their minds.
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Under the instruction of the Glazer family, Manchester United CEO David Gill quickly made it clear in an interview with the media that Yin Jun is a non-selling product from Manchester United. Although Yin Jun and Manchester United's contract will not end for three years, Manchester United clubs will soon complete a contract renewal with Yin Jun and lock Yin Jun's future in Manchester United.
At the same time, David Gill also spoke to Yin Jun’s agent Lu Qi and conveyed the latest opinions of the Glazer family.
Although Lu Qi hopes that Yin Jun will transfer to Real Madrid, which will allow her to get a large transfer commission, Lu Qi also knows that Yin Jun is very reluctant to leave Manchester United. Although she can conceal Manchester United's opinions to promote this transfer, it cannot be kept in the way. Once Yin Jun finds out the trick, she may lose Yin Jun's trust forever.
Therefore, after finishing the call with David Gill, Lu Qi immediately notified Yin Jun and gave her reasonable speculation.
Yin Jun also agreed with Lu Qi's speculation. The sudden change in the attitude of the Glazer family is absolutely indispensable to the influence of Naike!
Although the Glazer family is also a billionaire, they definitely don't want to get into trouble with world-class companies like Naike.
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Through his father Yin Mingshan's relationship, Yin Jun borrowed the auditorium in Danjiang District to hold a press conference, accepted interviews from media reporters on site, and interacted with enthusiastic fans who came to the scene.
What the media cares most about is undoubtedly Yin Jun’s next place.
Regarding this issue, Yin Jun played Tai Chi and said that he was still a Manchester United player and did not consider too much about the future situation. Whether he would transfer in the future was not something he could decide.
"I think it's more appropriate for you to ask David Gill and Miatovic about this question." Yin Jun replied with a smile.
Yin Jun's response was thankful for the new head coach of Real Madrid publicly expressed his interest in him.
"But I still say the same thing. I am a Manchester United player now, so it is not convenient to say too much about such things."
There are rumors that Barcelona is negotiating with Manchester United and considering using Ronaldinho to increase money to introduce Yin Jun from Manchester United. Yin Jun's response to this is that he has never heard of such rumors, but he is very grateful for his favor from Barcelona, but he still has to listen to Manchester United's decision, he is a Manchester United player.
After several consecutive questions, media reporters were helpless with Yin Jun.
They found that no matter what kind of questions Yin Jun faced, he answered them without any leakage, and did not leave any loopholes that could be exploited in terms of reason and logic.
What's even more hateful is that his attitude from beginning to end is so good that he doesn't vent his anger in life and cooperates very obediently.
Yin Jun laughed in his heart. Compared with the level of domestic media, especially the ancestors of the paparazzi in the UK, the level of the domestic media is still much worse than that of Europe, especially the ancestors of the British paparazzi, and it is easy to deal with it.
The entire sideline interview lasted for about half an hour, and Yin Jun answered almost all the questions, but the media reporters were persuaded to leave the auditorium in the end without finding anything.
Chapter completed!