Chapter 174 Afang Palace Plan (First update)

Min Congda finally got to be.

No matter how big the storm is, it can't wipe out the ever-growing wilderness in his heart. No matter how barren the land is, one day it will bloom into sunny flowers.

He did not agree to Anschutz's proposal to acquire Red Head Boots, but said he could invest in the restaurant and become the second shareholder of the Red Head Boots restaurant.

Anschutz agreed without saying much. It could be seen that saying he wanted to buy the red-headed boots was just his simple negotiation skills, and buying a share was enough for him.

Just because he likes the pizza and steaks at Red Head Boots doesn't mean he has to buy the entire restaurant.

Just like he can like a woman very much, it doesn't mean he must marry her. It would be nice if he can give her a sum of money.

Min Congda's thoughts are more complicated. After all, he is a man who is good at finding hope in despair.

He can completely reject Anschutz's acquisition or his shareholding, because it is reasonable and the system will not object.

But he still agreed, considering two points:

First of all, for some reason, there was something wrong with the food at the Red Head Boots restaurant I had before. Their pizza and steak were very delicious.

So no matter what, this restaurant will definitely make money, and the $500,000 loan will probably not turn into a liability, and it will probably make a profit in the future.

It used to be at the Great Western Forum, but later moved to the new Staples Center.

Min Congda himself was moved by this spirit of Jingwei filling up the sea.

These bosses have many assets and amazing wealth, and the basketball team is just a small part of their many industries.

Therefore, Min Congda decided to have a personal relationship with Anschutz.

Establishing a relationship with the big boss Anschutz through the Red Head Boots Restaurant was the first step for Min Congda to launch the Polo Stadium construction project.

It is simply not enough for the Nets to invest funds alone. Instead, they unite multiple parties and use the convenience of the New York Financial Center to raise funds through banks.

For example, the Nets' new Barclays Center, which started construction in 2009, cost as much as US$904 million, which is three times the Nets' market value.

In the fourth quarter, they were beaten by the Jazz with a score difference of 25:15.

"Of course, this arena will hollow out the Clippers and make the Clippers completely bankrupt!"

Let’s not talk about the country, let’s talk about the United States. Building a new arena costs a lot of money, and the possibility of bringing down the team is very high.

Even if you want to achieve bankruptcy through large-scale infrastructure construction, you are not qualified.

What’s wrong with building an arena for your own team? It’s just a lot of money.

His mood immediately improved. At this time, he looked down through the VIP room and saw that the second half of the game between the Clippers and the Jazz had already begun.

After reaching an agreement, Min Congda clinked glasses with Anschutz. In the near future, the project he and Anschutz's boss will collaborate on will not only be a restaurant, but a restaurant even more luxurious than the Staples Center and able to accommodate 20,000 spectators.

Multifunctional super stadium.

He wants to realize the big plan in his mind that is enough to completely bankrupt the Clippers - to build a new independent arena for the Clippers.

Many large companies that were once brilliant have died due to over-indebted infrastructure construction, leaving unfinished buildings in ruins.

Not only was he not discouraged, he also discovered new opportunities for bankruptcy and continued to complete his plan without giving up.

A small horse and a large cart are too much to handle.

In the end, they stopped playing here and moved directly to Oklahoma. It was useless no matter how loud the citizens opposed it.

As a result, the project was not completed yet, encountered financial difficulties, the project was unfinished, the capital chain was broken, and the company went bankrupt.

One of the reasons is that the original Field Key Arena is too old, and the municipal government and the team cannot come up with the money to build a new arena.

If Min Congda succeeds in getting the Clippers to reluctantly launch the new arena construction project, the Clippers will enter a countdown to bankruptcy.

At this time, the bank will change from the money-delivering boy licking his face to the devil who appears with his tongue sticking out.

However, on the scorched earth, the diligent and intelligent Min Congda soon discovered the seeds of hope and sown them.

If you let Anschutz acquire it, you will have more cash in your account; if you don't let Anschutz acquire it, the project will still make money.

Or, this arena is originally the owner's property, and it happens to be empty and no one is using it. Buy a team and use it.

Facing the combination of power forward + point guard, the Clippers' natural disadvantage in the lineup is undoubtedly revealed.

With the Clippers' current financial resources, they cannot support the construction of their own arena.

His Los Angeles Afang Palace.

In Los Angeles, even the Lakers, who have achieved such success, do not have their own arena, but rent an arena to play.

In the fourth quarter, the Jazz gradually caught up with the score, and Curry's shortcomings of unstable three-pointers and insufficient defensive confrontation were exposed.

The Clippers, who led in the first half, still maintained their suppression of the Jazz in the third quarter, maintaining a lead of about 5 points.

I would rather pay millions of dollars a year in rent for decades than spend a lump sum to build an arena.

But when the game entered the fourth quarter, the Clippers' offense suddenly stalled.

Anschutz is the owner of Staples Center. He has both financial resources and experience in large-scale arena construction projects.

Following the "Three Treasures Plan", Min Congda decided to take advantage of the situation and launch the "Afanggong Plan" to build a new arena for the Clippers.

The experience and lessons of history tell Min Congda that there are countless enterprises and companies that have hastily launched infrastructure projects in Malaysia after their brilliant development.

Min Congda was instantly impressed by his quick wit. Faced with the recent sudden storms, projects failed one after another.

This will be the second trump card in his bankruptcy plan, although this plan has just been thought up.

The Nets have spent a lot of money on it, and now their financial situation is terrible, their team construction is in shambles, their attendance is impressive, and they are on the verge of bankruptcy and selling the team. (It was acquired by a Russian rich man three months later.)

And the former Seattle SuperSonics, why did they move from Seattle?

It is of great significance for Min Congda to make friends with such a person to complete his "Los Angeles Clippers Afang Palace".

The Clippers are different, as you can tell from Sterling's stinginess, they are not as good as the Lakers.

Because you have no money. Building an arena costs so much that even the city of Seattle can't afford it.

They scored a total of 15 points in the fourth quarter.

After experiencing a series of storms, several projects that Min Congda had invested in to accelerate the team's bankruptcy all failed.

The reason why he wanted to establish a relationship with Anschutz was because of the second point:

However, the project was temporarily put on hold during the financial crisis last year, and we don’t know when it will be restarted.

If this plan can be completed, the No. 1 pick, excellent regular season records, high-quality documentaries, etc. will not be worth mentioning.

Stephen Curry missed consecutive three-pointers from the outside, but on the Jazz's side, Carlos Boozer made consecutive layups under the basket.

The most successful team in the NBA is like this, let alone the Clippers?

Those teams that have independent arenas do not do so successfully, but because they have super bosses behind them.

His pick-and-roll cooperation with Deron Williams is really superb. When he catches the ball and lays up with his left hand, both Randolph and Gasol are difficult to guard.

In the end, the Jazz defeated the Clippers with a 105:98, 7-point advantage and took home a victory.

When Min Congda saw this result, he felt even happier, and the previous gloom was swept away.

I was instantly full of confidence in the future.

This guy is really an indomitable person.
Chapter completed!