YM778.TV Chapter 361 - Flying Bull Basketball
Chapter 361: Flying Bull Basketball
Translator: Atlas Studios Editor: Atlas Studios
After reading all this information, Hong Dali grinned and asked, “I didn’t think that Qian Youjin was this capable. These two projects are not bad. How much are they being sold for?”
“25 million for the smartphone factory and 40 million for the basketball team.” Ko Gohon shrugged. “It’s a price set by Qian Youjin. He said this figure is the actual price and didn’t ask for more. When you reach our level, 10 million or so doesn’t mean anything.”
“Mm, Sister Xiaoyi, take a look. If everything’s ok, let’s buy it,” Hong Dali passed the contract to Ling Xiaoyi. “It’s fine as long as he doesn’t cheat me.”
Tang Muxin followed to look at the contract as well. This time, she really couldn’t understand.
This Nuoya smartphone company could be said to be unable to keep up with the times ever since it launched its smartphone two years ago, and there were substantial losses.
Needless to say about this Flying Bull basketball team. They were contestants that were ranked at the bottom for every competition, thus, they would definitely suffer losses. Moreover, the most important was that the members of this basketball team could switch teams! That meant that, though now the members of this basketball team were on the contract, after Hong Dali bought it over and they switched teams, that would definitely be a trap. A big trap! It was akin to Hong Dali spending 40 million only to purchase an empty shell!
This was unbearable! The other party was evidently out to cheat others!
As expected, Ling Xiaoyi was very troubled. “Young Master, this smartphone company is ok since it’s a real property. But this basketball team... To put it bluntly, we’ll be just buying a team name. By then, after the team members stated on the contract switch teams...”
“Oh, is that so...” Hong Dali touched his chin and thought for a while, then said, “Forget it. Anyway, it’s more or less fine. I’ll just buy them over to play with them. I’m squandering, after all. If I spend money on a project that earns money, then how would that be called squandering?”
Tang Muxin slapped her forehead. My God, what kind of genius theory is this!
These things cannot be solved by luck, alright?!
“In that case, you’re planning to acquire both projects?” Ko Gohon beamed with delight. He knew that this prodigal would definitely be unable to resist such temptation. Hahahaha, as expected, he’s fallen for the trap! The smartphone company is only a smokescreen. The real highlight is this basketball team! By then, as long as I get rid of the members, then he’ll only be left with an empty shell!
“More or less so. If there isn’t a problem with the price, I’ll engrave my seal.” Hong Dali took out his ‘Hong Dali Seal’, and after Ling Xiaoyi confirmed that there wasn’t any issue with the price, he directly pressed it onto the contract.
“Mm, since the matter has been settled, then there’s no need for me to stay on.” Ko Gohon felt extremely at ease. “Five days later, we’ll see the results of the viewership ratings at the television channels, hahahaha!”
Very soon, Ko Gohon’s group left. Hong Dali felt strange and asked, “This retard has personally come over here just to give me two such good projects? It’s really weird, is he that free?”
“Dali, is there something wrong with your brain!” Just then, Tang Muxin shouted, “He’s obviously tricking you! Tricking you! It’s so obvious, yet you still jumped into his trap?!”
“Yes!” Hong Dali stared with wide eyes. “I just want to squander, why are you having such a big reaction. Alright, alright, let’s go. I haven’t brought Big Turtle along for a walk in a long time. Also, I’ll go and take a look at the progress of Tianjing Mountain’s side.”
The few people instantly set off. Upon reaching Fengyuan Lake, Hong Dali shouted loudly, “Big Turtle! Come out and have a walk!”
Then, there was a splashing sound of water in Fengyuan Lake. In no time, a huge turtle head was exposed...
Instantly, Big Turtle led the way in the front. Behind it was Hong Dali’s Soaring Angel and Prayer Angel. The group set off in high spirits towards the direction of Tianjing Mountain. Alas, after a short while, Ling Xiaoyi brought her smartphone over. “Young Master, it’s a call from Master.”
“Mm? Is anything the matter?” Hong Dali hurriedly received the call. Just as he pressed the smartphone to his ear, he heard his father, Hong Weiguo shout loudly, “You rascal, just in such a short span of time, you’ve spent more than 100 million. The bank gave me a call and asked me whether you’d lost your card. In such a short time, what exactly have you bought?! It’s more than 100 million!”
Uh... This seemed like something truly difficult to explain...
“Ah, I just wanted to squander, so I bought two companies and a basketball team...” Hong Dali felt strange and asked, “Dad, um, there’s no need to overreact. Isn’t it common for me to squander—If I don’t squander, won’t it mean that I’ve wasted the talent you and mum have at earning money...”
The other side of the call was silent for a few seconds, then Hong Weiguo roared, “Stop currying favor at this point of time! What exactly are you planning to do again by buying these things? Can you tell me?”
“Mm, this...” Hong Dali grinned. “I was thinking that it would be quite fun so I bought them. When I get back, I’ll ask those basketball stars to perform a slam dunk for me! Perform a dribble shot for me! Perform a slam dunk while spinning 720 degrees in the air naked!”
“A slam dunk while spinning 720 degrees in the air naked...” Hong Weiguo was completely speechless. “Alright, rascal, get Xiaoyi to send me the information about what you bought first.”
“Uh... OK.” Hong Dali mumbled, “Aren’t I just squandering again, is there a need to react so violently over this... Sister Xiaoyi, send the information to my dad.” After all, it was his dad’s request. It wasn’t very nice if he, the son, didn’t adhere to it...
“Okay, Young Master.”
...
Tianjing City center, Sangle building, in the CEO office.
“It’s so troubling, oh god!” Hong Weiguo rubbed his temples and frowned. “Spending 40 million to buy such an empty shell like the Flying Bull basketball team. The members are all old and weak, and this is before they even switch teams. If they really do it, the members will be gone, and what’s left will only be a little bit of compensation fee—the compensation fees of these old and weak people are totally not worth a mention!”
“Um, CEO Hong, this amount of money is not worth you racking your brains so much, right?” Secretary Xiao Liu persuaded, “You’ve known from the start that Young Master Dali likes to squander, why is it that this time...”
“Actually, it was initially fine.” Hong Weiguo sighed. “Actually, with me and my wife’s abilities, I really don’t care about 100 or 200 million. But the problem is that this timing is not very good. Dali is sending out a message—he’s going to start to squander again. Actually, it doesn’t matter as long as he likes it. With our family assets, coupled with the land at West Fourth Loop that has been sold, the money is still sufficient. But I’ve just recalled that there’s still three months before the Resource Chamber of Commerce meeting is going to be held. This is an important meeting that will decide the rankings of all the corporation resources in the entire nation. Needless to say about the competitiveness, but most importantly, Jaban State’s Toyoda Conglomerate will definitely intervene in it. This will create a very big change.”
“So serious!” Secretary Xiao Liu carefully thought for a while, then said, “CEO Hong, this time with that 100 million or more that Young Master Dali has spent, there’s still quite a number of stable assets. The only problem is the Flying Bull basketball team, right? Calculating in detail, there are still the land and mountains at Water Spirit village. Though the companies bought today are located very far away and isolated, but after all, they can still be counted as pieces of land. The only thing is the basketball team... It’s fine if there is a bit of loss, it’s just 20 to 30 million.”
Actually, calculating carefully, it was really as what Xiao Liu had said. Not a lot of money had been squandered, and Hong Weiguo would definitely not be concerned about 20 or 30 million.
“I know. Actually, what I’m worried about is not this.” Hong Weiguo helplessly said, “It’s definitely not an issue for him to spend tens of millions. I’m just afraid that someone has figured out his personality, and by then, it would not be a matter of tens of millions. Think about it, the big corporations in the nation might still give us some face, so this won’t be much of a problem. But things are really uncertain when it comes to Toyoda Conglomerate’s side. I don’t know if they’d start up a project that suffers losses and cheat him of hundreds of millions or a few billion at once. This is really not impossible.”
This was what Hong Weiguo was truly worried about.
Those things that Hong Dali had previously started up had indeed earned quite a lot of money, but it was peanuts when compared to the big companies. There were just too many companies in the world with assets of a few hundred million or a few billion. A small company worth tens of millions was not an issue. Hong Weiguo could just treat it as a way to make Hong Dali happy. Thus, he’d definitely not mind that.
But now the problem had surfaced.
If Toyoda Conglomerate contacted a few big companies about to suffer losses or had already suffered losses and then directly contacted Hong Dali without contacting him, a few hundred million or a few billion would be cheated at once... Then his Sangle Company would directly drop down the rankings during the Resource Chamber of Commerce meeting, and it would be a very big drop.
This ranking didn’t appear important, but it represented ability and the position in the business industry.
In fact, the business industry was not much different from the entertainment business. In the entertainment business, the larger the popularity of a celebrity, the easier it would be for he or she to earn money, and their appearance fees would increase as well. Meanwhile, in the business industry, the greater the popularity of a company, the higher its credibility, so it would be much easier for banks to give loans, or invest in estates and work with the government compared to low-ranking companies—it would definitely be easier for a company with a yearly net profit of 5 billion to get a loan compared to a company with a yearly net profit of 1 billion. This was extremely obvious, and that was how realistic this society was.
“Then, CEO Hong, should we remind Young Master Dali about this?” Xiao Liu cautiously asked, “At least tell him about it and get him to spend less for the time being? Then also get him to avoid spending too much money?”
“Forget it, there isn’t such a need at the moment. I don’t want him to worry about it.” He thought for a while, then touched his mustache and shook his head. “I believe that Dali should not be so reckless. Though this child is playful, he’s not a fool. Let’s leave it as it is for now. Oh right, they were sold to him by Qian Youjin from the Qian Family?”
“The previous Huixing Electronics company was purely contacted by Miss Xiaoyi upon Young Master Dali’s instructions.” Secretary Xiao Liu looked at the report. “This company is fine. Nuoya smartphone company and the basketball team were both sold by Qian Youjin, and it was Ko Gohon who liaised for him.”
“Hehe, Dali had previously beat up Qian Youjin’s men, and now Qian Youjin is selling these to Dali.” Hong Weiguo disdainfully said, “This Qian Youjin is really someone who refuses to lose out. Mm, contact the Qian Family and settle this issue. Tell them that there isn’t a problem with petty fights, and this sum of money would just be a form of medical compensation. But in the future, if he still resorts to such little tricks, our Hong Family is not to be trifled with!”
“Understood, CEO Hong.” Xiao Liu agreed and instantly went out.