"are you crazy?"

On the other end of the phone, old man Shen Bi yelled loudly, "Why did you buy the Knicks for 800 million?"

"You can neither change the name of the team nor the name of the arena. There is no advertising benefit. Do you still need an NBA team to increase your popularity?"

The old man didn't care about the US$800 million, he just felt that the value of Sean's investment was not high.

"Then what do you think is a meaningful way to increase the visibility of Sean's bank?" Sean asked with a sneer.

"Ahem, I think it makes sense for you to acquire Arsenal in London and then build a brand new stadium for Arsenal. It's called Sean Stadium." Shen Bi coughed lightly and said seriously: "Football, football. , that is the number one sport in the world and the social card of Europe. Whether you are a banker or a politician, whether you are a president or a civilian, owning a well-known football club is a business card that is popular in Europe and is more conducive to us opening up in Europe. !"

"Haha, if I hadn't known that your whole family was die-hard Arsenal fans, I would have almost believed it!" Sean snorted coldly.

"This has nothing to do with whether I am an Arsenal fan or not. Don't question my professional ethics. Besides, this is football. Is it comparable to the NBA?" Old Shen Bi immediately quit.

"What does it mean to break the NBA? I like it, okay?"

"Okay, why not? Then don't touch the money in the bank!" Old Man Shen Bi sneered.

"Then after I move Madison, the building built on the land will not be used by Sean's bank!" Sean sneered.

"Eh!" Old Shen Bi regained his energy. You said this, I am not sleepy anymore, "Build it, it must be built, it must be built higher and more luxurious than the HSBC Building!"

"800 million is very expensive!" Sean said angrily.

"It doesn't matter!" Shen Bi laughed and said, "It's only 800 million. If you have money, our bank has plenty of money!"

"Don't say 800 million, as long as we can get the land, if we spend another 2 billion, the bank will be fine!"

"Shawn Bank's status cannot be without a decent headquarters!"

"You can apply for new land with the city government later and build a new arena." "Really?" Sean was shocked.

"What's real or fake? Didn't I tell you last time? The monthly credit limit is 37 billion US dollars." Shen Bi laughed.

In the words of the old man, he dared to directly approve loans for the current 37 billion quota. This was Xiao's requirement to stabilize the operating results, otherwise he would dare to take out the loan several times.

The problem now is that Sean's banking business is not that wide, so he has money in his hands and can't lend it out, and he is going crazy.

Of course, those who want to take away the cash after the loan will never give the loan, let them go!

"We, Sean Bank, are not short of money now. What we are short of are investment projects. What we are short of is events that will shock the United States and even the world. What we are short of is a display platform that matches our status and future expectations."

"Your idea is very good. The acquisition of the Knicks can be completed by Sean Bank!" "With great fanfare, we must let people in the United States and the world know about this!"

"800 million advertising, is that over?" Sean was speechless for a while. He could only say that he is indeed a business elite, right? His face changed...

The speed is really fast.

"First, this is not just an advertisement, it is an asset. It is increasing in value rather than depreciating with the currency. Second, it is not a day-long advertisement. It is permanent. Third, there is too much money and it cannot be spent. The virtual Converting credit to the team is itself making money."

"If we can get land again, we will make a lot of money."

"It's not that easy. We have to persuade the New York City Government to find a place for the new stadium. Land in Manhattan is so expensive. It can't be that easy!" Sean snorted coldly and raised his posture.

"That's for someone else!" Shen Bi laughed and flattered, "Who are you?"

"You're Sean!"

"It's difficult for others, but it's not easy for you, Sean Rockefeller!"

"Huhuhahahaha, just say more if you can!" Sean couldn't hold back his laughter.

Shen Bi, a veteran, is so sweet only when he is competing with HSBC!

(This chapter is not finished yet!)

Chapter 441: The true value of the Knicks

It can be seen that when HSBC kicked Shen Bi out in the first place, it really hurt the old man's heart. Although he didn't usually say it, he still held a grudge.

"You are no longer who you were before. You are already forming a prototype of a consortium, and your investment ideas must also change accordingly. In the past, you invested in industries, but now you invest in industries."

"In the past, if you invested a few hundred million at a time, it was considered a high amount, because you didn't have that much capital, but it's different now. You can easily mobilize billions or tens of billions of capital. The industry simply can't afford a company with this kind of average capital." , will kill them!"

"In the past, when you invested, you looked at short-term profits, but now, you have to look at long-term profits. Again, your identity is different. You don't need to make money in the short term!"

After chatting for a while, the phone was hung up, and the matter was settled.

Sean doesn't need to worry about the rest. He gave old Dolan 800 million US dollars, which was enough to mobilize the old guy's enthusiasm and break his legs for this matter.

Sure enough, within a few days, Dolan sent word that his father had persuaded Martin Davis, and Gulf Western Industries agreed to sell the property rights and land of Madison Garden. It was just a price, and it was indeed more beautiful.

Madison Garden sold for $600 million, with land ownership worth $1.3 billion.

This price made Sean stick out his tongue when he heard it. It was too expensive!

Sean contacted Shen Bi, and Shen Bi responded very simply, "It's a little expensive, but no problem, just one word, buy it!"

According to Shen Bi, this is a fixed asset investment, and the land on Manhattan Island is the most valuable fixed asset investment in the world.

More valuable than gold!

"We are asking Gulf Western Industries not to allow Gulf Western to place its settlement business in Sean Bank. However, Gulf Corporation has to settle the money within our bank. Even if it cannot keep all of it, it can keep most of it and it can also attract more money." to a group of customers.”

"Even if you have to settle with other banks, that is a matter within the banking system. In fact, it may not be how much money can be spent."

"Besides, what you spend is your reputation, and the land that retains its value is the most valuable. This land is more valuable in the hands of the bank than cash. Cash will gradually depreciate over time, but the land in Manhattan is not meeting!"…

"Do you know what this means!"

"Unless the United States is no longer the world's largest country, the price of land here will never be reduced, and there will never be a shortage of buyers!"

"If you can exchange all your credit for valuable land or real estate, let alone 2 billion, 20 billion is no problem, but I'm afraid you won't be able to find so much valuable land and real estate!"

"You're wrong, I can actually find it!" When Shen Bi mentioned this, Sean suddenly thought of something. Old Man Huang from Chinatown in New York had approached him twice before. If he thought he could make money, he would Gave up.

Now it seems that it's not that he has no money to make, but that he doesn't know how to make it! "Do you really have it?" Old Shen Bi was surprised, "Really or not? Tell me!"

"Look, there is no rush in this matter. When I finish the matter in front of me, no one else can make this money!" Sean laughed and sold the lawsuit.

Even if things are generally settled here, most of the remaining things only need to be completed by the people below, but Sean still needs to go through the formalities.

According to NBA regulations, team ownership transactions must obtain the consent of the other owners of the 29 teams to be considered a legal transaction.

The headquarters of the NBA Association is located in the Olympic Tower Building at 645 Fifth Avenue in New York. A meeting will be held here to vote on whether to agree to the transaction.

The owners of the other 28 teams are all here this time. Just because they rushed to protect the umbrella and went on a killing spree during the Los Angeles riots, the Buss family in Los Angeles must give Sean this face.

Although the Boston Consortium has considerable competition with Rockefeller, it will never stand in the way of this matter.

As for other bosses

In the conference room, Sean crossed his arms and looked around.

Sean wants to buy the Knicks, who is for it and who is against it!

Well, this sentence was asked by David Stern.

Naturally, everyone raised their hands in agreement and applauded to express their welcome. If nothing else, Sean is now everyone’s sponsor dad (this chapter is not over yet!)

Chapter 441: The true value of the Knicks

First, the NBA’s latest four-year broadcast rights were purchased by New Century Sports and Fox Sports.

It is the admission of Sean and Murdoch that makes the NBA team's brand value higher, and eventually the money will be evenly distributed among all 29 teams.

This will not only increase each team's annual income by 5.5 million, but more broadcasts will make stadium advertising and other sales better, driving greater revenue.

Especially David Stern, he very much welcomes Sean's investment in the NBA, which shows that the NBA's financial prospects are promising. He hopes that more wealthy people will join in, become bigger and stronger, and create greater glory!

After the voting, there was another banquet, and Sean naturally became the center of attention. Who made Sean rich and in control of the media?

Except for the Boston Celtics and Los Angeles Lakers, who are not lacking in talent, the owners of other teams are eager to pounce on Sean and hug Sean's thigh.

Previously, only three free wireless TV stations carried out live broadcasts, with very few shows, except for the black and white hegemony of Green Kai and the Lakers.

Apart from this, only the Knicks have three live broadcasts across the United States. If other teams want to compete across the country, they can only count on following the two teams to play against each other.

And the chance of a live broadcast is also very low

In short, there may not be a national live broadcast throughout the year. The situation is so bad, we can only rely on local TV stations...

Last year, apart from the Celtics, Lakers, and Knicks, Chicago won twice because of Jordan.

How miserable!

After Sean had dealt with the owners of each team, he found Stern alone. In his previous life, there was a lot of rumors about Stern squatting in front of CCTV in the winter in order to develop the Chinese market.

Of course, I don’t know if it’s true or false.

Sean and Stern chatted about overseas markets, and Stern immediately felt like he had met a confidant.

When he heard that Stern hadn't gone to China yet, Sean smiled and said, "You don't have to worry about CCTV. I'll take care of it for you. It's just a phone call away."

Stern was overjoyed. Naturally, he would not suspect that Sean was bragging. The upper class of the United States knew that the Rockefeller family had promoted the ice-breaking of East-American relations and had been investing in the East for nearly a hundred years.

And Sean is fluent in Chinese. The previous hotly debated case with three Japanese companies was Umbrella's agent from the east.

Therefore, Stern has no doubt that Sean's move will definitely make waves in the NBA in the East.

Once everything was done, a press conference was held.

At this time, there was no news from the outside world.
To be continued...