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Chapter 267: How much money do you need?

~13 min read 2,494 words

Kobe complained about some things on the phone and congratulated Fan Xi.

Finally, he said to Fan Xi: "If possible, I want to invest some. Of course, I mean, I can pay you tens of millions of US dollars first, and then convert this part of the loan into equity when I retire. The equity can be calculated based on the market value when I retire."

Kobe Bryant is a person with a good business mind. This plan of his is very win-win. He didn't take advantage of Fan Xi and could even help Fan Xi solve the urgent fundraising problem.

Fan Xi expressed his gratitude to Kobe, saying that if he needed money, he would definitely call Kobe.

Kobe said he could prepare about 60 million in cash for Fan Xi before New Year's Day.

Fan Xi expressed his gratitude again.

He is very glad that the friends he met are all sincerely helping him.

Derek Rose and Kobe Bryant are both like this.

Fan Xi's current funding gap is actually very large.

The money Fan Xi's parents can raise in China is about 200 million US dollars, which is already their limit. You know, this is more than 1.3 billion RMB. Even if it is the richest man in China, it is not a particularly easy thing to take out so much cash.

At the same time, Fan Xi himself can raise 120 million US dollars through various channels without selling other investments, which is also his limit.

There is still a significant distance from 750 million US dollars.

Plus the 30 million borrowed by Derek Rose and the 60 million invested in advance by Kobe, there is still only 410 million US dollars, and there is still a gap of 340 million US dollars from 750 million US dollars.

At this time, Ballmer came to the door again.

He appeared very sincere. He brought lawyers, a work team, and negotiation consultants. He made an appointment with Fan Xi and Fan Xi's brokerage team in the conference room of a luxury hotel.

Interestingly, before the meeting started, Fan Xi saw Sterling's interview on TV, and he said: "... I don't think Jack Fan can take out 750 million US dollars at all. He doesn't have this strength. There are not many people in the whole United States who can take out so much money at once. I won't accept installment payments, I won't accept any negotiations, because I have been a victim from beginning to end."

Sterling is a pitiful person, but his words didn't make the audience sympathize.

Black people only hope he gets worse and worse.

Even Clippers fans hope he rolls away quickly.

Some radical Clippers fans even asked Fan Xi to open a donation account, and they were willing to donate money for Fan Xi to raise funds.

But legal provisions have restrictions on this.

Wall Street's professional analysis report believes that based on Fan Xi's commercial income over the past year, plus domestic industries, he and his family can take out at most 250 million US dollars, and the remaining funds need to be raised from outside.

The "Wall Street Journal" even pointed out pessimistically: "Although Jack Fan has been hit by God's cake now, this cake is too big. He is likely to only eat a part of it, and a small part at that. The logic of this world's operation is very different from the plots in Hollywood movies. It is always the person with more money who can earn the big head. Rich people will get richer, and opportunities are often prepared for rich people."

Fan Xi read this report and felt a strong irony, which stimulated his fighting spirit, just like when he was provoked on the basketball court.

However, the business world is not the NBA. The business world has no miracles. The business world is the accumulation of capital, the logic of big fish eating small fish.

This is why Fan Xi is willing to appear here.

Ballmer said he would offer a price that Fan Xi couldn't refuse.

He indicated to Lu Yuan on the phone: "I have prepared to manage the Clippers together with Fan Xi."

When Ballmer met Fan Xi this time, the "patron" aura on him converged a lot, and he began to have a real equal dialogue with Fan Xi.

When both sides sat at the two ends of the conference table, Ballmer first explained his business philosophy to Fan Xi, as well as the direction he wanted to take the Clippers, his views on the status quo, and measures for change.

It can be heard that he loves basketball very much, and he has a deep understanding of basketball. Moreover, his business philosophy, operational direction, and change paths are similar to Fan Xi's. Of course, there are also different places.

Fan Xi nodded from time to time and thought deeply from time to time.

Then, Ballmer said a price, 1.2 billion US dollars.

He is willing to acquire 51% of the shares in Fan Xi's hands at a valuation of 1.2 billion US dollars, meaning Fan Xi only needs to spend a little over 600 million to acquire 49% of the equity, which means Fan Xi only needs to spend less than 150 million US dollars to get 49% of the equity.

This is indeed the most sincere offer Lu Yuan has heard for a long time.

Fan Xi almost doesn't need to pay anything to get 49% of the shares.

It is also equivalent to a pie falling from the sky.

Lu Yuan was moved, and he fell into deep thought.

Then, he paused the negotiation and said he hoped to chat with Fan Xi alone for a while.

Fan Xi came outside with him, along with Chen Ye.

The three people exchanged views.

Lu Yuan said: "Maybe we can let him increase a little bit more, but this is indeed the most sincere offer we have ever seen. Imagine, 150 million US dollars for 49% of the Clippers' shares. This is too cost-effective."

Fan Xi frowned.

Frankly speaking, Ballmer solved his urgent need and allowed him to get a huge return with a very small investment.

At this time, Chen Ye suddenly said: "Boss, I think the key to the problem is not how much investment we can reduce now, but... are we still going to listen to others' orders in the future? And... what if the Clippers' market value continues to rise and reaches 2 billion US dollars? Will we regret the decision now? When it reaches 3 billion US dollars, will we regret not persisting even more?"

"I am a rough person, a martial arts practitioner. What I say may not make sense. However, my master taught me a sentence: 'Look at problems with a developmental perspective.'"

Chen Ye woke the dreamer with one word.

Fan Xi was still hesitating, but his eyes instantly became clear.

He has confidence in the NBA. As Chen Ye said, Fan Xi also has extreme confidence in himself. He believes that he can lead the Clippers to a higher height. Once the Clippers and the Lakers are evenly matched in Los Angeles, the market value will definitely exceed 3 billion US dollars, and once the Clippers surpass the Lakers, the market value will probably be even higher.

After a short discussion, Fan Xi returned to the conference room.

He had a smile on his face.

Ballmer also had a smile on his face; he thought Fan Xi couldn't refuse this offer.

His negotiation consultant then opened his mouth to put pressure: "Mr. Fan, I think you don't need to consider it anymore. You should know that this is the highest offer you can get in the market now. The Clippers' current market value is only 1 billion US dollars. Based on his recognition of you, Mr. Ballmer added an extra 200 million US dollars... Please make a decision as soon as possible."

Fan Xi smiled and looked at Ballmer. He said: "Thank you very much for your recognition of me. The valuation of 1.2 billion is also the highest valuation I have heard recently, but it is far from reaching my internal market value estimate. Moreover, it is very difficult for me to accept others controlling 51% of the shares while I only have 49%."

"God gave me an opportunity to master my own destiny, and I don't want to lose it again. God will be sad because of this."

Fan Xi looked at Ballmer squarely and said in a very solemn tone: "So, I refuse this offer."

Ballmer was caught off guard.

His negotiation expert was also stunned. He quickly said: "Mr. Fan, please don't be confused. Young people are emotional. This is a business negotiation; there is no need for so much fighting of spirit. We hope you think about this matter with business thinking."

"Okay, let's answer you with business thinking. If calculated according to the 1.2 billion valuation you gave, what if we win the championship this year, win the championship next year, win the championship the year after, plus the NBA's new broadcast agreement, how much will our market value soar to? 2 billion US dollars? 3 billion US dollars? Or 4 billion US dollars?"

Fan Xi asked this negotiation expert: "You should be very clear that the overall market value of the NBA is growing crazily, and you should also be clear that the Clippers have always been profitable, and this year's profit margin will reach at least 70%, even without calculating the playoff income."

"Why do you think you can win the championship?" The negotiation expert said a bit confusedly: "From a business perspective, this is an unstable factor. It will be prompted as a risk in any business report..."

"I say I can win the championship, so I can definitely win the championship." Fan Xi said in an incomparably arbitrary and shocking tone.

At this time, Ballmer gritted his teeth and said a number: "1.26 billion US dollars. I will acquire 51% of the shares in your hands at a valuation of 1.26 billion US dollars. I can't add any more. This is the most risky and emotional behavior in my business investment history."

This number shocked everyone present.

His assistants, consultants, and negotiation personnel all looked at Ballmer with incredible eyes.

This means Fan Xi got 49% of the shares without paying much. He relied on nothing more than an agreement from Sterling.

This agreement is also too valuable.

Lu Yuan also pulled Fan Xi's clothes under the table. He is a high-achieving student from a business school; he knows exactly what this means. This is simply "white wolf with empty gloves," using other people's money to do his own things.

However, what he didn't expect was.

Fan Xi shook his head.

"Mr. Ballmer, thank you very much for your emotion and risk. You are the only person who has expressed recognition for me with so much money. However, I really want to say it again, I cannot accept the fact that I cannot master my own destiny. I cannot give you 51% of the shares."

"1.3 billion!" Ballmer gritted his teeth and said another number that made everyone at the scene feel suffocated.

This means Fan Xi didn't even spend 100 million US dollars to get 49% of the Clippers' shares.

Lu Yuan stepped on Fan Xi hard under the table.

He hoped Fan Xi would agree quickly. This is not a joke. What if Ballmer calms down and withdraws this offer?

However, Fan Xi still shook his head!

But Lu Yuan had already rushed to say: "Mr. Ballmer, this offer is too shocking. We need time to digest it. Please give us a few days. We will give you an answer before New Year's Day."

Ballmer stood up and said: "I can only keep this offer until 3 days later, which is noon the day after Christmas."

"Jack, I hope you are sober. This is not a basketball court; this is not a game you can kill by going your own way with a basketball. You should know clearly that you have already gained enough. You are only 20 years old, not yet the time to control everything. I am the same as you; I also grew up slowly."

"Even, I am already a billionaire now, but I am still just the second-largest shareholder of Microsoft."

"This is not your negotiation opponent talking to you; this is an elder warning you."

"Also, I will do my best to stop you from getting loans or financing in the market. This is the business rule. Those banks and institutions will definitely choose me between you and me, because I am the bigger one."

"I am not LeBron James; you can never buzzer-beat me."

"We should cooperate; I will take you to make a lot, a lot of money."

"Think about it carefully."

Ballmer left these words and left the conference room with his team.

Fan Xi sat there calmly all the time.

His heart became calmer and clearer.

"Jack, imagine, less than 100 million US dollars for 49% of the shares of a medium-to-high-end NBA team. A fool would do this business. Rounded up, it's simply white picking. Why not agree immediately?"

"You have to know, if he can say it, he can definitely do it. He really has the ability to make banks and institutions delay your loans or even not give you loans."

Lu Yuan analyzed from a business perspective.

Fan Xi stood up, rubbed his hair, and said: "I still don't like being controlled by others."

"However, do you have any other way? No one will give more than he does."

Lu Yuan's voice chased out.

Fan Xi shrugged his shoulders and didn't speak.

"You go and persuade him." Lu Yuan said to Chen Ye.

Chen Ye shook his head and said: "I think the boss is quite cool. I find it hard to accept the condescending and bossy appearance of Ballmer just now."

"Don't be emotional, can 'cool' be eaten as a meal?" Lu Yuan asked Chen Ye angrily. He felt that neither of them was mature enough.

"Can't it?" Chen Ye asked back, touching his oily hair combed back.

Fan Xi went to the training hall. The staff in the training hall had more solemn respect for him, and even shouted "Boss" when they saw him.

These people urgently hope to work for Fan Xi; they believe Fan Xi can change everything.

Fan Xi nodded with a smile, but the pressure in his heart became heavier.

He sweated like rain on the basketball court, from noon to night.

By the time he walked into the locker room, his phone had been blown up by Taylor Swift and Scarlett Johansson.

He quickly returned one, and the one he chose was Scarlett Johansson.

"How much money do you need?"

... ===== CHAPTER 268 =====

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End of Chapter

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