Urban's Fury: The War Dragon God -
Chapter 761: Outmaneuvering The Enemy
Chapter 761: Chapter 761: Outmaneuvering The Enemy
Wang Tiandao heard what the butler had said and instantly pieced everything together, a sharp gleam flashing in his eyes.
"A hundred billion in funding."
"The Dong Family surely can’t pull out a hundred billion in cash in one breath to handle this matter, can they?"
Wang Tiandao let out a cold laugh. After all, he was the Family Head of the Wang Family, controlling assets worth trillions. Although he wasn’t managing the group’s affairs as much now, he was still the chairman.
A few hundred billion in funding was not something the Wang Family couldn’t come up with, but such a sum certainly couldn’t be mobilized immediately.
No conglomerate would keep a few hundred billion in cash without investing it; that would be the greatest waste. Their families’ money was always tied up in investments, so most of it was in stocks, real estate, and various industries. Cash flows would be kept ample, but never excessively so.
Without disrupting the group’s normal operations or selling off assets in hand, he could muster two or three hundred billion in funding. If necessary, it was also possible to secure a loan of three to five hundred billion by pledging collateral with banks.
But when it came to funding on the level of a hundred billion, that would affect all aspects of operations.
"This matter seems to have always been managed by the younger generation of the Dong Family and some other families. As for the source of the funds, three to five hundred billion was borrowed, and over a hundred billion was also borrowed."
The butler said.
Wang Tiandao snorted coldly, "Humph, do these families really know nothing at all? Bullshit, most of these guys must know what their own nephews and nieces are doing. They probably just think there’s much to be gained from this matter, so they let it happen."
"Otherwise, how could a junior member like Dong Xing manage to borrow amounts involving hundreds of billions? It’s all because of the family backing them."
"However, I’m rather curious about how that little rascal from the Li Family managed to turn things around. The Dong Family coming to me must be plotting bankruptcy, and with over a hundred billion borrowed, I doubt it will be easy to repay."
"I’m aware of Xiao Mingyue. The Xiao Family is one of the big clans, and she married into the Xu Family of Jingmen. Though she’s now a widow after losing her husband, who dares to take her lightly? The consequences are well-known."
"Her status today is undoubtedly supported by the Xu Family behind her. So even if the Dong Family wanted to default on their debt, they wouldn’t be able to. A hundred billion in cash with their interest rates, the Dong Family would owe billions more each month. In just three to five months without needing a year or half a year, the Dong Family would have to sell everything off."
"Once the Dong Family shows signs of decline, ha, many will jump at the chance to devour the Dong Family." Wang Tiandao was very clear about this; there was no such thing as friendship between families. Even related by marriage, they wouldn’t hesitate to stab each other in the back when interests clashed.
"Family Head, should we get involved then?"
The butler asked.
Wang Tiandao looked towards the distance, "Give that little scoundrel Li Feng a call, tell him to come over."
"Family Head, will Li Feng come?"
The butler hesitated.
"That little scoundrel better dare to come," Wang Tiandao snorted coldly. With that said, he didn’t head to the reception hall but returned to the courtyard instead.
"Dad, what does Uncle Wang mean, leaving us hanging here like this?"
After a good while had passed.
Dong Xing, unable to restrain himself, opened his mouth. Dong Mingyu grunted, "Wang Tiandao is waiting for that kid Li Feng to come over. If this father-in-law and son-in-law aren’t communicating, it wouldn’t happen. If he had agreed to our request so directly, he wouldn’t be called the Old Fox."
"Let’s wait."
Li Feng received a call from the Wang Family’s butler. Hearing that the Dong Family had gone to the Wang Family and that Wang Tiandao had asked him to pay a visit, Li Feng let out a cold laugh.
This Dong Family really does know how to find a way around, running to the Wang Family for help.
"Hm?"
At that moment, a soft moan came from beside Li Feng. He turned to look at Zhou Zhishan, who had opened her eyes, "Awake?"
"Mhmm, are you leaving?"
Zhou Zhishan inquired.
"There’s something I need to take care of. You two keep sleeping; I’m going to take a shower first."
Li Feng got up promptly, took a shower, left the house, and drove to the Wang Family mansion. The Wang Family’s butler was waiting at the gate and approached Li Feng as soon as he saw him.
"Young Master-in-law, you’ve finally arrived. The master has been waiting for you."
Li Feng nodded. The butler knew how to speak; he led the way, taking Li Feng through a side door and circumventing to the courtyard of the Family Head at the rear of the mansion.
"Family Head, Li Feng is here."
"Let him in."
Wang Tiandao was sitting in the study. Upon seeing Li Feng walk in, he wore an expression of cool indifference, "You should know why I asked you here. I’ll just ask one thing, how do you plan to handle this matter?"
"Uncle, are you trying to plead on behalf of the Dong Family?"
Li Feng looked at Wang Tiandao.
"If Uncle is still Uncle, then your face isn’t big enough. But if Uncle is my father-in-law, then naturally I will do as my father-in-law suggests!"
Wang Tiandao’s brow raised at that. This damned brat, was he challenging him?
"This is between the Dong Family and you; what does it have to do with my Wang Family? If you want to be my son-in-law, that can be arranged—just come through the front door, and everything is negotiable."
"So, there’s nothing to discuss?"
Li Feng stood up and yawned, "Then let the Dong Family wash their necks clean and wait for slaughter."
"The Dong Family is currently the second-largest shareholder of Century Group, but soon their shares will plummet in value. Dong Family has borrowed at least twenty billion from Xiao Mingyue, with a monthly interest alone amounting to two billion."
"And that Dong Xing from the Dong Family is so arrogant. He dealt with the borrowing all by himself, and now he’s fallen out with his fair-weather friends—all of whom will surely not acknowledge this loan."
"Heh, over two hundred billion in immense funds; can the Dong Family even repay it? I doubt it. From the very beginning, Xiao Mingyue had her eyes set on the Dong Family. This time, they’ll be lucky to escape without being skinned alive."
"It’s likely that after this, the Eight Families will have to be renamed the Seven Families."
Wang Tiandao looked at Li Feng, feeling a surge of anger, but he also harbored a secret dread— the Dong Family had actually borrowed a massive two hundred billion, and now all the families acting together with the Dong Family were turning their backs on them.
That meant the Dong Family needed to repay over two hundred billion alone.
That was no small sum to repay, and whether it could be smoothly settled depended on whether Xiao Mingyue was willing to show mercy to the Dong Family. Otherwise, the Dong Family would be completely devoured.
For the Dong Family looking to liquidate assets to repay the debt, they would surely be taken advantage of, and when that time came, it would unquestionably be a case of many hands pushing a falling wall. Dong Mingyu saw this clearly, which is why he rushed to the Wang Family overnight.
To help, or not to help.
Wang Tiandao weighed his options. Helping the Dong Family would surely bring considerable benefits, for if the Dong Family fell, the Wang Family wouldn’t gain much. But if he helped the Dong Family, the gratitude owed would be substantial.
But to actually offer that help meant that this damned brat would take an inch and want a mile, climbing upwards following this concession.
"Uncle, I won’t disturb you any further, then."
After saying this, Li Feng left. However, he didn’t immediately leave the Wang Family residence; instead, he asked the butler where the Dong Family members were and went directly to the front hall’s reception room.
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