Becoming a Russian Oligarch After Rebirth
Chapter 742: Solemn Reverence_1

Chapter 742: Chapter 742: Solemn Reverence_1

"...the largest shareholder or chairman of the group company."

Kaja emphasized the last part.

She actually left out some companies, mainly because Wang Ye’s industries are too numerous to mention.

Even Kaja, as a confidant, sometimes inadvertently misses a few companies that are not so large in scale.

David Dain was taken aback, even though he hadn’t heard of some of the companies.

But he was familiar with some, and for those he hadn’t heard of, just by hearing their names, he was sure they were not small companies.

Among them, he was most familiar with the Yukos Group.

Not because he had any dealings with the Yukos Group, or had any business transactions.

But as one of the world’s largest energy companies, anyone who has paid attention to the energy market or finance and business would have heard of this company!

Moreover, companies like "Russian Auto Group," "United Airlines," "Siberian Gold," etc., either start with the name of a country or a place, or belong to capital-intensive industries like aviation. For sure, these can’t be shell companies.

What’s even more outrageous is that this young man, who looks to be in his early twenties, is either a major shareholder or chairman of these major corporations!

Speaking about that, if he is a major shareholder of the Yukos Group, how much wealth must he possess...

No wonder Mr. A Bu said that this investor’s wealth did not fall short of his!

And before David Dain had recovered from the shock, Kaja added, "Oh, our boss doesn’t really deal with business matters anymore. He mainly focuses on the Duma, given that he serves as the Deputy Speaker and the Chairman of the Economic Committee."

David Dain was completely stunned.

He knew what the National Duma was, it’s like parliament to Britain!

In Britain, the parliament had almost unlimited power. Even the prime minister most of the time, when conflicting with the parliament, had to yield.

As for the "Chairman of the Economic Committee," it must be equivalent to a specialized department in the British parliament, having substantial power.

The young man, seeming in his early twenties, has already held such an illustrious position?

The world has really changed a lot, has he become out of date...

David Dain didn’t doubt that Kaja was trying to hoodwink him, after all, this kind of information couldn’t be used to fool people. It would be easy to verify.

The reason he hadn’t done his homework before coming was because A Bu hadn’t told him who the investor was.

Otherwise, he wouldn’t have been caught off guard at this time.

......

He swallowed hard and respectfully said, "My apologies, the honorable Chairman Mikhail!"

Wang Ye waved his hand with a smile, "Relax a little. Right now, I’m just an investor who loves football, wanting to discuss with you. This has nothing to do with my official title."

Upon hearing what Wang Ye said, David Dain breathed a sigh of relief, as if a weight had been lifted off his shoulders.

Indeed, the array of titles carried by Wang Ye was quite intimidating!

As for Wang Ye’s capability, he no longer had to ask. Without a doubt, if this young man in front of him became a shareholder of Arsenal, it would basically mean that Arsenal would have the wealthiest owner among all the football clubs in the world, no one could compare!

Just the title of Chairman of the Yukos Group was enough to prove his financial strength!

Thinking about this, David Dain got excited. It seemed that his trip here was worth it. Arsenal Club would welcome a historic turning point.

He secretly decided, as long as Wang Ye agreed to invest in Arsenal, and was willing to continue to invest funds in the future to create a luxury club, rather than trying to make money from the club, even if the share transfer price was a bit low, he would accept it.

"Well, let me introduce to Mr. Mikhail the situation with Arsenal, including its shareholder composition, which should be helpful to your acquisition of Arsenal." David Dain said sincerely.

Wang Ye nodded, signaling him to continue.

David Dain sorted out his thoughts and began to explain to Wang Ye, "Frankly speaking, even though Arsenal seems fine at the moment, it’s facing many underlying problems. That’s why I want to transfer shares and introduce a major shareholder with substantial financial strength.

Given Arsenal’s current situation, only by pouring in a significant amount of money can the problems be quickly solved, and this great club can return to normal operation..."

Wang Ye listened and nodded slightly. It seems that this David Dain is quite sincere. The things he’s saying are not things that a layman could know about.

Moreover, these things won’t increase the transfer price of Arsenal, on the contrary, these will serve as reasons for people to lower the acquisition price...

This David Dain really cares about the future of the club more than his own interests.

At the end, David Dain looked at Wang Ye hopefully and said:

"The shares of the entire club are not hard to acquire, as far as I know, most of the current shareholders do not see a bright future for the club and are willing to sell their shares.

If there’s a budget of 1.5 billion pounds for the acquisition, at least 90% of the club’s shares could be obtained, to privatize the club.

However, the club still owes 50 million pounds in bank loans for the construction of the new stadium, which needs to be paid off.

In addition, this season is about to end, and if the team is to be reinforced next season, some transfers would be needed, which also requires a portion of the funds.

However, the overall strength of the club’s roster is acceptable and there is no need for a large number of transfers, so not too much transfer money will be needed, 10 to 20 million pounds would be enough.

So, the total budget required to acquire the entire club, clear the club’s loans, and reinforce the team would be about 2.2 billion pounds!"

million pounds to solve all of the club’s problems!

As for the club’s daily revenue, that money should just be enough to pay the club players, staff wages, and the daily maintenance costs of the stadium.

......

After hearing all of this, Wang Ye was a little surprised. If the acquisition of club shares is not considered, the so-called financial problems of Arsenal aren’t big. The stadium loans and transfer funds only total seventy or eighty million pounds.

So, are the current owners of the club unable to come up with this sum of money?

According to David Dain, there are quite a few shareholders in Arsenal right now, about ten or so, including some British tycoons.

Could there be some hidden secret...