Becoming a Russian Oligarch After Rebirth
Chapter 757: Creating a Sensation_1

Chapter 757: Chapter 757: Creating a Sensation_1

"I haven’t completed yet. Both these problems can actually be solved quite easily."

Wang Ye said with a smile, and then elaborated his solution to his dad.

First, determining if the person borrowing money genuinely needs it to solve their problems or establish their business, rather than waste it.

This is simple because the people managing the fund are locals of our village!

Those from village backgrounds should know, every household in a village hardly has any secrets.

Being in such close proximity, if you speak slightly louder at home, your neighbors might overhear the conversation.

Those trying to cheat will have no place to hide before the villagers.

Moreover, there’s a ’public announcement’ process before borrowing.

If a family wants to borrow money, it has to be discussed by the fund management committee and then publicly announced to the whole village so everyone knows why they are borrowing money.

If the reason is false, undoubtedly, people will point it out.

Here Wang Ye taps into people’s ’self-interest’.

Truthfully, most people bear ill-will towards those who prosper, especially within the same village...

Seeing others prosper brings more discomfort than their own loss.

This is not said in jest...

When the fund is set up, everyone will be informed that this money can be borrowed when needed, essentially it’s village money!

So, imagine, if a fellow villager tries to take their money under false pretenses, won’t they feel aggrieved?

They will have to report it!

The power of the masses is infinite!

Under the villagers’ supervision, this can prevent those trying to cheat from borrowing money.

Thus, the first problem can be perfectly solved!

...

As for the second problem, that of not repaying the loan.

The resolution is similar to the first, borrowing from the fund isn’t a verbal agreement.

A promissory note must be written, specifying the repayment timeframe!

What if they really can’t repay?

People can’t be forced to death, but being poor doesn’t absolve them from facing the consequences.

The consequences of non-repayment will be publicly announced to the entire village.

Moreover, their relatives like brothers, sisters, parents, and children will be prohibited from borrowing money from the fund in the future...

Though ’collective punishment’ might seem harsh, in certain situations, measures like these prove effective.

Visualizing these consequences, it can be inferred that anyone who can repay, won’t dare default on their loan.

Besides, loan amounts aren’t as per your wish, there’s a ceiling on it, which is one million CNY.

Unless it’s a particularly special circumstance, this ceiling cannot be exceeded.

This rule can prevent people from borrowing a large sum of money at once, with the intention of avoiding repayment.

Setting a limit of one million CNY, even if certain individuals cannot repay due to unforeseen reasons, it wouldn’t critically affect the fund’s operation.

...

In short, it’s about establishing regulations to keep human nature in check!

After Wang Ye finished speaking, his dad remained silent for a long time.

He was filled with admiration, his son had truly matured!

Initially, he thought Wang Ye had made a fortune because of his good luck, coupled with the opportunities of living in a foreign city and seizing an opportunity.

So, in his heart, he never really thought of Wang Ye as extraordinary.

After all, wouldn’t a father have a clear understanding of his son? If he was truly exceptional, wouldn’t he have known these past few years?

Now, he had to admit, Wang Ye had transformed from the person in his memories!

The strategies Wang Ye just discussed, especially the ones concerning human nature, even his dad who has been involved with government offices for years, wouldn’t have come up with them so quickly.

But Wang Ye did it effortlessly over the phone after listening to his complaints.

Mentioning the fund, the system, and even naming it with ’Chinese characteristics’...

His dad was beginning to wonder if his son had ’transformed’ after moving abroad.

He felt strangely unfamiliar...

However, he just sighed, not really doubting Wang Ye.

Eventually, he sighed and asked, "That’s about ten million, are you sure about allocating such a hefty amount? Won’t it affect your business? If it’s not feasible, start with less, maybe two hundred... no, a million would be just fine."

Wang Ye laughed, casually saying, "Let’s do it all at once, my business over here is pretty profitable, so it won’t be affected. You can head back home and discuss this, set up a special account for the fund, and I’ll have the money transferred over."

This amount of money doesn’t need to be remitted from Russia, it can go directly via the company managed by Xiao Xi within China, it’s very convenient.

Ten million CNY, for Wang Ye, is an insignificant figure.

What he’s dealing with right now often involves billions, even tens of billions of US dollars. Quite frankly, Wang Ye is truly eligible to claim he’s not interested in money.

For him, money is just a number!

...

After arranging everything at home, Kaja sent news from London.

The Arsenal Club was almost entirely acquired!

Almost, because they hadn’t acquired 100 percent of the shares, there were still two stubborn minor shareholders who adamantly refused to sell their shares.

However, this wouldn’t impact the overall situation, as Kaja had already acquired more than 90 percent of the Arsenal shares, completely satisfying the conditions for privatizing the club.

As on Wang Ye’s approval, she could immediately announce the club’s privatization, and those two minority shareholders would eventually have to sell their shares!

Furthermore, A Bu communicated with Kaja. He wanted both clubs to announce the acquisition simultaneously, in order to create a more significant impact.

After all, A Bu knew that Chelsea Club’s influence was far less compared to the Arsenal’s.

If only Chelsea Club announced the acquisition, it might not draw much attention.

However, if both clubs announced simultaneously, it would create a massive sensation within the football industry!

The global news media would scramble to report this news.

In doing so, A Bu would achieve his goal of elevating his influence and attention.

This would also enable him a direct entry into London’s high society.

This was the true reason behind his acquisition of Chelsea...