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Faced with Joe Lewis's aggressive gaze and angry roar, Danny Levi did not take immediate action according to the other party's order. Instead, he bit the bullet and expressed his thoughts: "Joe, I think the best thing we can do is... It’s better to take this opportunity and sell all the Tottenham shares you currently hold.”
"Danny! Do you know what you just said?!" Seeing that his friend and subordinate actually sang the opposite at this time, the anger in Joe Lewis's heart couldn't help but grow higher, and his voice became louder and louder. , "You mean, the British government will favor George Nelson in this acquisition? Or do you think I can't match that little guy in terms of financial resources?"
"Qiao, calm down!" Seeing that his friend was still stubborn and still planning to fight to the death with the menacing and well-prepared George Nelson, Levi had no choice but to panic and shouted back at the same decibel volume. "I have investigated and found that George Nelson quietly started to buy Tottenham shares from the London stock market as early as a month ago. In order not to attract our attention, he deliberately suppressed the shares held in his hands to less than 10%. Then , just three days ago, George got the old guy's 25% Tottenham stock from Alan Sugar. Therefore, George has actually crossed the line to start a tender offer. However, due to legal constraints, the next step was not taken immediately. As for the probability that the British government will come forward to prevent George from acquiring Tottenham Club... Joe, with all due respect, I think the probability of this happening can be said to be It’s extremely slim!”
Even Levi had to admit that George's trick of concealing the truth was indeed quite subtle. First, he firmly controlled his shareholding below 10% to avoid attracting the attention of the market and Tottenham management. Then he tried every means to persuade the club's second largest shareholder, Alan Sugar, to directly acquire all Tottenham shares in the other party's hands, in one fell swoop. Crossing the 30% warning line, thus achieving an unexpected goal.
Judging from the current situation, George's move can be said to have a significant effect. A series of combination punches made Levi and Joe Lewis dizzy. After being caught off guard, the two people in the open couldn't think of any effective countermeasures for a while. They were helpless and could only curse George in their hearts.
"How is this possible?" Joe Lewis seemed to be suppressed by Levi's sudden roar and the cruel reality. This time, Joe Lewis spoke much softer than before, "Don't those stupid asses in the British government know that they Is this likely to cause people to distrust the government and even trigger a serious credit crisis?"
"As far as I know, the reason why the British government will not impose obstacles on George's acquisition is mainly because George made a promise to Tony Blair and promised to fund the establishment of a railway company within the next year to ease the British government's burden on the railway. He was facing an increasingly heavy financial burden in exchange for the British government's silence when he acquired Tottenham." Levi thought for a while and decided to base what he thought was the most likely guess based on the intelligence he had investigated. He said, "What's more, the Nelson family to which George Nelson belongs is a prominent family in the UK. Compared to immigrants like us, the British government is obviously more willing to let a traditional British aristocrat become Tottenham Hotspur, the Premier League club. The person who controls the football club."
If George could appear here at this time, then he would definitely praise Levi's ability to collect intelligence. Because the intelligence investigated by Levi can be said to be basically true, George did secretly make a deal with the British government in exchange for the government's promise not to obstruct his investment in acquiring Tottenham. However, it was not the current British Prime Minister Blair who made the deal with him, but the Chancellor of the Exchequer Gordon Brown.
Although there are some deviations in the details, being able to guess to this extent based on limited intelligence is enough to prove Levi's ability. It is a pity that due to the emergence of George, Levi will obviously not have the opportunity to show his talents in Tottenham in this life.
"If the situation is really like what you said, Danny, then the situation we are facing now can be said to be extremely bad." After listening to Levi's account, Joe Lewis's face became worse and worse, and he said in a low tone , "Danny, as you can see, if we increase our shareholding to 30% like George, and then launch a tender offer to all shareholders, and compete with him for financial resources, will we be able to withstand this acquisition initiated by him? ?”
"Joe, it stands to reason that you are not even a loyal football fan. Why do you insist on sticking to Tottenham this time?" Levy also felt very unhappy about the possibility of being forced to leave Tottenham by George. . However, out of practical considerations, he also wanted to dissuade Lewis as much as possible, hoping that he could suppress his anger and take back this obviously unreliable idea, "You know, if George wants to acquire it from us shareholders, If he has enough stock to control the board of directors' decisions, he must offer an attractive enough price during the tender offer. Therefore, George's acquisition this time can be said to be our best opportunity to recoup our investment in Tottenham!"
In Levy's view, taking advantage of George's massive move into Tottenham, it is most beneficial to them to cash out the severely depreciated Tottenham stocks and close them as soon as possible. You know, Joe Lewis's current business model for football clubs is still to let them be responsible for their own profits and losses, and he will never invest any money in these clubs. Therefore, in the absence of funds to strengthen the lineup, it is naturally difficult for Tottenham to achieve good results, and its stock value will be difficult to appreciate, and it will not be able to attract large sponsorship and commercial income, allowing Lewis to profit from it.
"Besides, even if we sell these shares in Tottenham, it doesn't matter if we lose this stronghold in the Premier League. You know, there are so many clubs in England, and there are 20 clubs in the Premier League alone. A participating team. Let’s buy it from another company, and it’s okay to start over!” Seeing Joe Lewis’s hesitation, Levy quickly said something like this, intending to strike while the iron is hot and convince the other party to sell Tottenham shares. Determination.
Levi's long words were like a bucket of cold water, which suddenly woke up Joe Lewis, who was already showing some signs of enthusiasm, allowing the business tycoon to regain his previous calmness and shrewdness: "Danny, you said it very well." Yes. Indeed, there is no need for me to fight to the death with George Nelson. In this case, even if we win the battle for Tottenham shares in the end, I am afraid it will cost a huge price."
For Joe Lewis, whose purpose is to rely on football to benefit himself and the ENIC Group, such a result is obviously unacceptable to him. Therefore, after regaining his shrewdness, he finally made a decision after weighing it up!
So, twenty-four hours after receiving the notice from the London Stock Exchange, Danny Levy, under the instruction of Joe Lewis, publicly issued a notice announcing that Tottenham Hotspur Club would be joining the club three days later, that is, in May. The General Meeting of Shareholders is held on the last day. At that time, the General Assembly will hold a vote on whether to agree to George Nelson's continued investment in the acquisition of Tottenham shares. The result of this vote will determine whether Tottenham Club will apply to the British government in the name of resisting a hostile takeover, asking the government to stop George's acquisition!
Of course, Joe Lewis, who had received enough information from Levi, also knew that even if he finally applied to the British government to block the acquisition, it would be difficult to get a satisfactory result to him. The reason why he convened the general meeting of shareholders was mainly to put pressure on George and force the other party to spend more real money at this meeting to acquire the Tottenham shares he held.
It can be said that before the shareholders' meeting was held, Joe Lewis had already made up his mind and was determined to sell the nearly 30% of Tottenham shares he held to George at a high enough price. And Joe Lewis is obviously not the only one with the same purpose.
On May 31st, the conference hall at Tottenham headquarters was buzzing with people. All shareholders holding Tottenham shares gathered here, waiting for the young coach who was famous throughout the British Isles and was also the one who was bought by Tottenham. The arrival of their savior, George Nelson!
Therefore, although George was the last Tottenham shareholder to arrive at the meeting, he attracted the attention of everyone in the hall as soon as he appeared!
"Ladies and gentlemen, I am very happy that you can take the trouble to come here to participate in this shareholders' meeting... Now I announce that the Tottenham Hotspur general shareholders' meeting will now officially begin!" Seeing today's meeting The protagonist finally arrived. Danny Levy, the current chairman of Tottenham, couldn't wait to announce the start of the meeting after a brief opening speech. He also wanted to know what price George would offer to acquire their Tottenham shares.
Although Levy doesn't know exactly how much money George spent to buy the 25% of Tottenham shares from Alan Sugar, judging from Alan Sugar's performance in the past few days, George definitely paid not much. It's a small amount - otherwise, how could Sugar buy a Fairline yacht priced at up to 5 million pounds for leisure?
Let me explain here that according to British law, in order to protect the interests of small and medium-sized shareholders, when the acquirer makes a tender offer, it must offer the same purchase price to all shareholders. Therefore, if George wants to achieve his goal of completely taking over Tottenham, he must feed these shareholders and let them sell their stocks to him obediently.
At least, until the acquisition is enough to trigger the line that will force Tottenham to be delisted from the London Stock Exchange (that is, one party holds more than 75% of the shares of a company), George must ensure that these people see that he will use the money in his hands to Sell the stock to him and you can get more benefits than continuing to hold the stock!
Therefore, when George was the first to stand up and walk to the stage, everyone at the scene focused their attention on him. Especially Levi and Lewis, the greedy looks in their eyes were about to turn into reality. They wanted to rush up to ask George about the acquisition now.
