475 Strike while the iron is hot
"...As a mature professional sports league, the operation of NBA depends on both immediate interests and future development. This is especially true for selling teams. The selling price is important, but the development trend of the team after changing the boss is also critical. Selling a team in NBA is a knowledge of careful calculation.
So, Bruce, I hope you can be cautious when choosing a trading partner. Moreover, in terms of the current situation, the Council has to investigate Rokhorov's background and funding sources. Before the investigation results are released, he cannot pass the Council and eventually become the boss of the Nets... "
Nets boss La Bruce Ratner hung up the call specially called by league president David Stern, with a gloomy face and extremely depressed expression. He thought that someone was rushing to buy a team and could sell it for a good price, but now it seems that it has really become a mess.
Arthur Boling, the British count, had to admire his headaches.
As mentioned before, although the team is the boss's asset and the boss has the right to sell the team, it is not as casual as you want to sell it in NBA. NBA has relevant process regulations. If you do not follow the rules, the team will not be able to sell it.
The nba30 team is a whole, with interests involved in each other. A team's change of ownership involves many interests, so it is not something that the boss can decide alone.
That's why the NBA Council was founded, which often appears in major decisions about NBA. The NBA Council is composed of team bosses and has the right to make decisions on important decisions in the league.
According to regulations, any NBA team transfer must be approved by the board of directors. The specific method is to vote. In addition to the bosses who sell the team, the bosses of the other 29 teams must have three-quarters of the people agree before the team can be placed on the shelves, which means that at least 22 bosses must vote in favor.
When the team's sale proposal is approved by the league board, the next step is to select a buyer. NBA has a special financial committee to evaluate the team's value and estimate the possible situation after the change of ownership. Once the estimate is not conducive to the team's future development, even the buyer recognized by the team's boss can only be eliminated.
To be honest, people from Xiong with an identity background like Rokhorov can only impress the league board and agree to the team trading agreement under various favorable conditions.
It has to be said that from the perspective of economic strength, Prokorov, who ranked first in Russia's wealth list in 2009, is undoubtedly quite rich, but it is also formally because of this, the League Council is hesitant about whether to sell the Nets to Prokorov. Prokorov has a deep background, and many bosses are worried that Prokorov's arrival will break the economic balance of the league.
Especially under the sensation and hype of the young billionaire Arthur Bolin, teams with superstars have become hostile to Prokorov, worried that after he joins, he will set off a golden and dollar storm in the league and be poached.
What is even more depressing is that some Bald Eagles MPs came forward to publicly oppose selling the Nets to Prokorov, because Prokorov had extensive investment in an African country, and the Bald Eagles were imposing economic sanctions on their country. In addition to this investment, there are rumors that many of Prokorov's economic returns came from incorrectly.
A single stone caused a thousand waves, and the original simple business behavior was expanded. NBA had to immediately initiate a qualification investigation of Prokorov in accordance with the prescribed procedures. Prokorov was required to provide the alliance with all the documents required for the investigation, and NBA began a series of qualification reviews.
No matter how helpless Nets boss La Bruce Ratner is, how angry Prokhorov can only obey the league's regulations and revoke the verbal agreement between them...
"Dongdong--"
"Come in."
"Boss, Mr. Arthur Boling is here, look—" the secretary who pushed the door open and looked at the frown boss La Bruce Ratner, and asked carefully.
"Please!" La Bruce Ratner said hurriedly when he heard this, then stood up from the boss's chair, tidied up his suit, walked around the desk, stood in the middle of the office, and looked at the office door with bright eyes.
Arthur, who was tall and straight, walked into the office with a bright smile, walked into the office. La Bruce Ratner also smiled, stepped forward two steps, reached out and said, "Good afternoon, Mr. Bolin..."
"Good afternoon, I'll take the liberty to visit, I hope you won't disturb you." Arthur shook hands and greeted the other party very elegantly and politely.
"Haha, it's not a risk at all. You are very welcome. Please sit down—" Labruce smiled happily and reached out to invite.
"Thank you." Under the guidance of the other party, Arthur sat on the sofa in the reception area of the office together, and asked for a cup of coffee under the other party's politeness.
When the two sat down together, they first talked about some irrelevant gossips at the beginning. When the secretary brought the coffee, the two took a few sips of coffee. After admiring, Arthur put down the coffee cup, smiled and said straight to the point: "Mr. Ratner, my adventurous visit this time is mainly to hope to talk to you about the Nets' deal."
"Oh? Please tell me-" Ratner looked at the young and dissatisfied British Count in front of him, who smiled warmly, but had a very clever and unscrupulous manner. He sighed in his heart, and was about to hear what he said.
"Haha, these days, there has been a lot of controversy surrounding the Nets' deal, and Prokorov and I have had many disputes over this.
To be honest, there are many teams that can be traded in the league at present, such as the Golden State Warriors, Hornets, and Wizards, and there are many choices. However, the reason why I prefer the New Jersey Nets in your hands is because it is about to move to Brooklyn, New York, which I like the city of New York and can also get half of the property rights of the new stadium.
Therefore, even if the Nets' record and foundation are the weakest among these trading teams, I don't care, because in my opinion, this may not be a good thing. In this way, after taking over, you can rebuild without any burden, make good use of the draft chips in your hands, and spend a few years to build a successful championship team.
In the UK, I also have a football club, which has been relegated for many years and was knocked down to the abyss. I bought it when it was on the verge of bankruptcy. After this period of reconstruction, it has been completely renewed. The entire club has gathered to sprint to a higher level league. This is undoubtedly something that makes me very proud.
Well, Mr. Ratner, I just want to express my sincerity to you. I bought the Nets not on a whim, but decided to invest after careful consideration. I will invest money and energy to make the Nets brilliant. Please believe me!"
Arthur had a sincere look and spoke with great frank words, hoping to impress the other party. It is impossible to say that the other party has owned the Nets for so many years without any feelings. The reason for trading the team this time is because he had to raise money to continue developing his real estate projects.
In response to this, Arthur was also prepared and continued: "I am very optimistic about the real estate market in New York. After the financial crisis, although the real estate market has not improved for the time being, I am optimistic about its future, so I have also purchased a lot of real estate around the world.
I'm really interested in your Atlantic Gardens program and if I can, I'm very willing to invest!"
Arthur's last words undoubtedly became the last straw that broke the camel's back. Ratner looked at Arthur and said, "Are you really willing to invest in the Atlantic Garden Project?"
"Of course, this is an opportunity to make money. It is not for the Nets that I deliberately use this project to please you. After all, no one will waste hundreds of millions of dollars. In the past few days, I have conducted in-depth investigations into your Atlantic Courtyard plan and visited it in person, which further confirms my decision to invest!" Arthur showed a confident and calm smile on his face, and said sincerely.
Hearing this, Ratner breathed a sigh of relief. The Atlantic Courtyard Plan was undoubtedly his biggest heart disease. As long as the funds were in place and he could survive this period of time, he believed that this real estate project would definitely be a great success.
Looking at Arthur's young smiling face, Ratner smiled relaxedly: "Well, Mr. Bolin, your sincerity and honesty have touched me. Eighty percent of the Nets' shares, including 45% of the Barclays Center Stadium, $230 million, if you agree, then it's yours!"
Chapter completed!