Becoming a Russian Oligarch After Rebirth -
Chapter 582 Upper Circle_1
Chapter 582: Chapter 582 Upper Circle_1
Upon hearing Wang Ye’s announcement, everyone’s attention shifted because it was their first time learning about Wang Ye’s plan to acquire car brands.
"Misha, are you getting into automobiles? Are you buying up domestic brands like Lada or GAZ? These two companies could’ve done so much better." Gavriil exclaimed enthusiastically.
The two brands he mentioned are old-established local Russian car companies that once enjoyed a period of glory.
Several decades ago, there were plenty of old-style Volgas, Ladas and GAZ cars on the streets.
Not just anyone could get their hands on those!
However, it’s obvious that with the breakdown of the former Soviet Union and Russia’s continuously sluggish economy, these two car companies also declined.
Of course, the current status of Volga and the Moscow people’s brands was even more miserable; Gavriil could not even bother to mention them.
"Lada is still okay though, right? It’s cheap and everywhere." A Bu remarked with a laugh.
Indeed, whether in big cities like Moscow or remote areas like Chukotka, Lada cars are the most common on the streets.
Oh right, Wang Ye’s old classmate, Zhang Ke, also bought a Lada to use as an illegal taxi.
This shows that this brand still has a solid foundation among the Russian masses.
But Wang Ye shook his head and explained, "Neither of them. I might acquire a few higher-end brands. Currently, I have three acquisition targets - Volvo, Land Rover, and Jaguar!"
Everyone present, of course, was familiar with these brands.
A Bu laughed, "You might as well go for Rolls Royce, Bentley, or Lamborghini then. Wouldn’t those brands be more top-tier? These half-and-half brands you mentioned aren’t exactly considered luxury."
With his perception, he naturally wouldn’t think much of brands like Volvo, Land Rover and Jaguar.
However, Wang Ye was buying brands to expand into this industry, not just for the sake of appearing more distinguished.
Let’s not talk about whether the brands A Bu mentioned would be sold or not, even if they could be sold, Wang Ye wouldn’t buy them!
Because the sales volume would be too low, and the profit margin might not even be that high...
Moreover, those brands only sell a few thousand vehicles a year, so it wouldn’t make much of a difference.
Before Wang Ye could respond, Rilinov expressed his disagreement, "I don’t think it is necessary to acquire these top-tier brands. They might be well-known and profitable, but their sales volumes are not high and couldn’t contribute much to the development of the local automotive industry. The reason Misha is venturing into the auto industry is not just for the profits, but also to stimulate local industrial development."
They obviously had opposing views. Their perspective and considerations were different, so their conclusions were naturally divergent.
One could not exactly say who was wrong; everyone had their own reasons.
Gavriil kept nodding his head, clearly considering Rilinov’s appraisal accurate and to his liking!
Wang ye made an attempt to compromise: "Where would I get the money to buy brands like Rolls Royce and Bentley anyway? Plus, I doubt they’d sell. So, a brand like Volvo is more appropriate; it’s not too expensive, it has a decent sales volume, it has a profound heritage, and it’s easier to establish."
A Bu was merely postulating. He wasn’t really interested in these businesses.
Joking aside, what business could make more money than energy extraction and gold mining?
........
The topic shifted back to football clubs. A Bu laughingly said, "I’ve already commissioned a team to start investigating potential acquisition targets. If you’re interested, I can send you a copy of the research. But I get first pick, just promise not to bid against me for the same club."
Wang Ye casually suggested, "Aren’t there several distinguished Premier League Clubs in London? We could each buy a club in London. London is pretty much the only international metropolis in the UK. The other cities are too small with limited growth potential."
A Bu agreed deeply, expressing a hint of regret: "It’s a shame Manchester United isn’t located in London, otherwise I would really want to acquire it. Oh, and Liverpool too. These two clubs are the best in the Premier League."
When the discussion turned to football, the others couldn’t contribute much since they knew less about it.
However, Wang Ye being a dedicated soccer fan, was well-versed in this area.
He laughed and mentioned, "London has about five or six Premier League Clubs like Arsenal, Spurs, Chelsea, and West Ham United, just to name a few. Those aren’t bad options."
A Bu nodded, "Indeed. With our investment, any club can become a powerhouse, regardless of its foundation."
He sounded very confident, but he also had reasons to be.
Although football isn’t necessarily a sport where money equals victory, or else the Chinese men’s football team would’ve at least made it into the World Cup...
However, for football clubs, there’s a huge difference between having money and not having money.
With enough money, you can attract superstar players.
With star players, the team’s performance can be guaranteed. With good performance, the number of fans your team attracts will naturally increase.
This is a positive cycle.
Most clubs struggle financially. During the summer transfer period, any club that invests tens of millions of dollars or euros is already making a big investment!
Only clubs like Real Madrid can casually make massive multimillion-dollar investments, creating a worldwide sensation.
However, once Wang Ye and A Bu make their entrance into the football industry, Real Madrid will cease to be the center of attention during the annual transfer seasons. Instead, clubs under the ownership of the two tycoons will become the focus of global attention.
........
At A Bu Mansion’s banquet, all sorts of exotic delicacies, including unlimited supplies of black caviar sauce that was worth its weight in gold, were readily available.
However, no one among those present was interested in what they ate, they spent most of their time engaged in conversation.
As they were all usually very busy, gathering was a rare occasion.
They had A Bu providing a venue, and Wang Ye played connector by arranging for everyone to join for a meal.
During the meal, they discussed matters like acquiring Premier League clubs and merging automobile companies.
As for politics, no one brought it up. If necessary, it was more appropriate for that kind of subject to be discussed in private.
This was a top-class society gathering.
The banquet ended late into the night. Everyone was too tired to return to the city and decided to stay the night.
There were plenty of rooms in the mansion anyway!
This time, there were no "surprises" prepared for Wang Ye like before.
Although Wang Ye felt a burden lift, he also experienced a tiny bit of regret...
........
Early the next morning, after Wang Ye got up and freshened up, he found out when he went to the dining room for breakfast that Gavriil and Aleksey had already left.
Apparently, these men were even busier than him, hurrying back to the city to work early in the morning.
Compared to them, Wang Ye had more freedom.
He originally planned to stay with A Bu for half a day to have a good chat, but a phone call came through, and he had to return earlier than expected.
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