Chapter 372: 366: This is the Worldview of the Wealthy
Chapter 372: 366: This is the Worldview of the Wealthy
So, the outcome is already predestined; it’s just that there’s another issue, “Mr. Lewis, It’s probably going to be very difficult.” Although Will wanted to help solve this problem, Finn’s plan was simply unrealistic.
The reason being that Royal Madrid isn’t a shareholding club or a formulaic club. Rather, it adheres to a traditional membership system. To put it plainly, the entire Royal Madrid Club belongs to 100,000 members. Each member pays an annual membership fee. Given that Royal Madrid’s operations are quite prosperous, changing this would be difficult. Unless at a membership conference, over half of the members voted to abolish or reorganize Royal Madrid’s current membership system.
Otherwise, it would be impossible to buy Royal Madrid, because it is a collective system club. Will explained the club’s system to Finn and then continued, “However, Mr. Lewis, we can achieve your goal through other methods. If we want to acquire Royal Madrid, it’s going to be difficult. Royal Madrid, Barza, Bilbao, and Orsuna are the only four member clubs in La Liga and they cannot be bought.”
Finn furrowed his brow. He didn’t understand this. He wouldn’t even pass as a bandwagon fan. Although he watched the World Cup, he only recognized a few renowned football stars, let alone the club systems. These are things only die-hard fans would know like the back of their hands.
“The only four? Based on what you said, was the club model in La Liga originally like this? Then how did it change into the current model?” Finn raised an eyebrow and quickly asked.
“Ah, this goes back many years. At that time, most of the clubs in the Sperian Kingdom raised funds through member fee collections which were used to support the club’s survival and development. Due to the ingrained nature of member clubs where the team spends money and the members foot the bill, the club leaders had difficulty considering the actual financial situation of the club. In the late 1980s, almost all La Liga clubs were heavily in debt. To save the clubs from an imminent economic collapse, the Sperian Kingdom government implemented a special law.” Will briefly explained the situation to Finn.
Finn then nodded in understanding. In simple terms, the clubs owed a large sum of money to their members. With each club having tens to hundreds of thousands of members, if such a club went bankrupt, the result would be chaos! After all, who would be okay with just losing their money? Hence, the official simply paid back the money on behalf of the clubs, but the clubs had to be reorganized into shareholding companies. If they wished to continue holding shares in the club, they could continue to buy; otherwise, they need not buy.
This way, even if clubs became bankrupt, it wouldn’t create a disturbance like in membership systems, because now you are a shareholder of the club. And as a shareholder, losing money is quite normal.
However, back then, clubs like Royal Madrid, Barza, and others, whose finances were healthy, were preserved. Today, aside from the two other La Liga teams, Royal Madrid and Barza are the two major powerhouses with more than 100,000 members each, so it’s almost impossible for them to be converted back into shareholding systems again.
“I understand, it’s very difficult to purchase,” Finn nodded. Will breathed a sigh of relief. He was afraid Finn would insist on buying. Even if the Floral Wealth Group was powerful, it would still be very tough. Even with the Rhine Kingdom Bank’s help, it would be difficult.
“Nevertheless, going by what you’re saying, if Royal Madrid’s finances were bad enough and the debt was substantial, there’s a possibility it could be turned into a shareholding club, correct?” asked Finn after a moment of thought.
Will covered the microphone right before he choked, not allowing Finn to hear. He was choked by Finn’s words. Yes, if you put it like that, it’s not wrong, but wanting to make Royal Madrid’s finances bad enough… Okay, even though Will had no specific idea in mind, given Finn’s financial power, he can probably achieve this.
But… For just one football player, is all of this necessary? Can we not lose our sense of proportion? Completing a task that could be done for 10 yuan, you’re insisting on spending 1,000 yuan to get it done…Really, Will no longer knew what to make of Finn.
“You still have to help me set up the appointment,” Finn decided after thinking it over.
“This… alright. I’ll help you set it up, Mr. Lewis. But if there’s anything you need, or if you need our help, just tell me,” Will naturally wouldn’t doubt Finn’s decision, but he felt it would be better to clarify just what Finn was planning.
“Hmm, you set it up for me. I have a plan. If it won’t work, I’ll just register one hundred thousand accounts and become a member of Royal Madrid. Isn’t it just half the number of votes?” Finn shrugged casually.
Will almost fell on his face – it’s not that simple. There is a real-name registration system in place. If this was really achievable with such ease, someone would’ve done it already; why would they wait till today?
After hanging up the call, Finn instructed Olivia Thatcher to gather some information on Royal Madrid. Olivia was swift. Finn soon received most of the information on Royal Madrid. For instance, Royal Madrid’s current debt was around 600 million South Federation currency. Even with such a considerable debt, Royal Madrid wouldn’t be pressured by creditors because Royal Madrid’s standing in politics and La Liga made it rather unshakeable at the moment.
However, Finn was merely inquiring. No matter what he intended to do, there was nothing he couldn’t achieve. If he couldn’t buy Royal Madrid, he would buy some other club. Since they didn’t want to apologize, they didn’t have to. Finn didn’t care for their apology anyway. Will had no idea what Finn was thinking, but he promptly started arranging what Finn had delegated.
The following morning, after bidding farewell to Kay Lee and Sarah Wood, Finn directly flew to the Sperian Kingdom. As for what Finn was off to do in the Sperian Kingdom, neither Kay nor Sarah asked. Sarah wanted to ask, but Finn didn’t bother explaining, leaving her no choice but to let it be.
However, the influence of Floral Wealth Group was unquestionably substantial. After Finn’s plane landed in the Sperian Kingdom, he quickly met with Florentino. Although Florentino wasn’t sure why Finn wanted to meet him, he felt it would be better to meet. Making the acquaintance of a top-tier tycoon never hurt. Florentino was slightly overweight, his hair already white. With his gold-rimmed glasses, he came off more as a literary scholar than a businessman.