Chapter 287 - Chapter 287: Chapter 281: The Way a Prodigal Son Does Business

Chapter 287: Chapter 281: The Way a Prodigal Son Does Business

Translator: 549690339

“So, T Corporation’s market value is now about 150 billion Federal coins, and WY’s market value is about 32 billion Federal coins. How about I use seven percent of IW’s shares, plus 1 billion Federal coins in cash, to take 2% of T Corporation’s shares that you, Director Paker, hold.” Finn Lewis stated directly.

Mr. M sized up Finn once again, and then asked somewhat confusedly, “1W’s stock price is rising. Why is this?”

“Some things are easier to talk about if you hold some shares.” Even though it was only 2%, it was a stepping stone. At least Finn already had the right to enter the board of directors with 2% of the shares. Besides, he could buy some from the stock market.

“Okay.” Mr. M pondered for a moment, then decisively nodded.

“Since it’s a private stock exchange, let’s stick to what we just agreed on.” Finn extended his hand with a smile.

“Glad to cooperate.” Mr. M also extended his hand to Finn for a handshake, and then asked, “However, I have a question, what are your plans for the professional league?”

“I plan to establish a global e-sports association. Of course, in the beginning, we will use the name of our gaming league. Along with it will be a worldwide club cup competition, similar to football. I’m thinking of having 32 clubs globally, divided into regions for competition, with a similar nature to the yearly grand finals.” Finn explained promptly.

“But a company cannot have two clubs with the same name participating in the competition. For example, many clubs currently have two clubs under their name, and some are even participating in the domestic Ipl professional league.” Finn paused to think, “The specific rules have already been established by someone I hired.’

“Is the global grand finals of the S series to be cancelled?” After pondering, Mr. M asked.

“What do you think?” Finn pondered.

“It depends on how much you’re willing to invest.” Mr. M chuckled.

“200 million.” Finn blurted out a number directly, after which he added, “Federal coins.”

“200 million Federal coins per session?” Mr. M was taken aback, having heard this from Finn over the phone before, but was still shocked to hear it directly from Finn’s mouth.

200 million Federal coins just to host a professional league? How much is the world finals of the gaming league offering as prizes? Only 2 million Federal coins in total! And now, Finn was increasing this amount a hundredfold! One can only imagine how many teams will participate eagerly.

“Can the investment be recovered?” Mr. M asked, somewhat speechlessly.

“I never planned on recovering the investments. The 200 million Federal coins are merely the prize money. I’m planning on investing another 100 million Federal coins for other necessary measures. I believe that with high prize money, the association we establish due to this professional league will be more formal and get a lot of attention.” Finn stated cheerfully.

The people at the table listening to the talk were speechless. The net worth of the people present was at least several tens of billions, but having a net worth of several tens of billions doesn’t mean they have that amount in cash. Most of it comes from fixed assets, factories, and company market values. If they have 20 percent of their net worth in cash, they are considered wealthy.

Certainly, the company’s working capital cannot be counted in. These are two different concepts. Counting this, their available funds could be only between few billions to 12 billion Flame Nation coins. Converted into Federal coins, this is just over a billion Federal coins. But what about Finn?

He’s blowing through 300 million Federal coins! And for what? To host a professional league that will in no way turn a profit? A billion Federal coins for playing games? How can this not draw attention? These people felt like they were losing their minds, especially Matthew Chan, who was somewhat speechless. However, he had gotten used to Finn’s way of handling matters.

Others were meeting Finn for the first time. They felt—has business ever been conducted this way before? “Don’t you consider profits, Mr. Lewis?” After a thought, Mr. M asked.

“It doesn’t matter. I regard it as spending money for fun. Since it’s for fun, we want to play at our best. I can make it back in other ways. Like this restaurant, for example, I believe, its turnover won’t be low.” Finn smiled nonchalantly.

Everyone became completely speechless. It seemed inappropriate to be so blatant in front of your potential customers. Even Mr. M couldn’t help but touch his nose, unsure of how to continue the conversation. Fortunately, he had talked to Yuri Johnson before coming and was acquainted with Finn’s character. Otherwise, he would not have been able to bear Finn’s way of conducting business.

Throwing in 300 million Federal coins just like that—who could stand that? Okay, even though they didn’t have to contribute their own money, did money just tumble down from the sky for you? At this point…

“With such a huge investment, it would be a loss to both of our companies’ reputations if the project is halted halfway,” Mr. M paused before reminding Finn.

“Even Samsung could sponsor the World Cyber Games for so many years, I can afford to spend 300 million Federal coins each year. It seems I earned 300 million Federal coins in just an hour before.” Finn responded laughing heartily. Mr. M nearly slipped off his seat. This method of rebuke was unusual, wasn’t

“You don’t need to doubt my financial strength, Mr. M. You must have heard, Director Paker, the middle-aged man also placed an order for a car just now. Although it’s not yet certain whether he will get the clearance, I think the possibility is considerable. If it gets passed, my Xuanyuan car series should also accept orders. The price of each car is approximately 1.5 billion Flame Nation coins, which is almost 200 million Federal coins. It’s just the matter of selling two cars.” Finn added quickly.

Well… Mr. M didn’t know what to say. He could only add mentally, amazing! “Alright then, since you, Mr. Lewis, have no problem with your financial situation, I naturally have no objections. However, I do have a suggestion,” Mr. M shrugged and spoke.

“Please go ahead, Director Paker.”

“My suggestion is to hold the competition biennially. 300 million Federal coins isn’t a small investment. If it’s annually, the adjustment of leagues from different countries and other factors would cause the time to be extremely tight. Biennially, like the World Cup, would allow these clubs to have sufficient time to compete against each other. It would also make the competition more exciting. Plus, only with sufficient time would more clubs participate,” Mr. M explained.

Finn thought for a moment before saying, “Every two years? Since that’s the case, we might as well combine the prize money for the two sessions and make it 600 million Federal coins! We can give 100 million Federal coins to the winning club!”