"Wait, Mr. Baron." George couldn't help but feel a little confused when he heard that Sebastian Coe's purpose of coming here was to persuade him to provide operating funds for the London Olympics. "If I remember correctly, The royal family and Prime Minister Blair should all support London's bid to host the Olympic Games, and even let Princess Anne join the Olympic bid organizing committee. It stands to reason that you should not have financial problems. Even if you do, the bank should be very We are happy to provide loans in this regard.”
George's words were not without purpose. Although the early Olympic Games were indeed a sports event that was about losing money and gaining publicity, since the Americans demonstrated what it means to be commercialized at the 1984 Los Angeles Olympics, the Olympic Games, which had no one cared about it, immediately turned around and became more popular. The huge profits it can bring have become popular in everyone's eyes.
Therefore, when he saw that Sebastian Coe was actually worried about financial problems and even chose to ask himself for help, George's first reaction was to feel unbelievable - are all these banking giants in the UK so short-sighted? Can’t you even see the huge business opportunities hidden in an event like the Olympics?
"That's true. We did think that we could easily attract large investments by applying for the Olympic Games. Unfortunately, they all seem to prefer to become sponsors or partners of the London Olympics, and they are not interested in providing services. There is generally no interest in raising funds for the Olympic Games." Hearing the doubts in George's words, Sebastian Coe couldn't help showing a wry smile and told George the whole story.
It turns out that compared to industries such as futures, stocks, and real estate, which have short investment cycles and can be called huge profits, the preparation time and investment cycle for the Olympic Games are undoubtedly much longer, and the return on investment is also relatively low, which largely dispels the problem. The vast majority of British banks and consortiums have the idea of investing in helping to prepare for the London Olympics - at this time, they can increase their investment several times in the bullish oil futures and real estate markets!
In addition to banks and consortiums, Sebastian Coe can also seek support from the British royal family and hereditary nobles. However, he also knew very well in his heart that although the British royal family and these traditional nobles had extremely strong family properties and were happy to contribute to national construction, the problem was that their assets mainly consisted of various items passed down from their ancestors. For real estate and jewelry collections, the available liquidity is actually very limited. Therefore, even if the royal family and nobles are willing to help in the preparation of the Olympic Games, they can only express their inability to face the funding gap of up to 10 billion pounds.
As for seeking loans from foreign banks or consortiums to solve the problem of insufficient funds, Sebastian Cota never considered it from the beginning. You must know that the reason why the British government is so enthusiastic about supporting London to host the Olympic Games is not to demonstrate the so-called great power demeanor, but to stimulate economic development and reduce the unemployment rate of the domestic population, thereby gaining more votes and higher public opinion. popularity.
Therefore, if Sebastian Coe chooses to cooperate with foreign banks or consortiums to obtain financing, it will undoubtedly be putting the cart before the horse. Because these foreign forces will not consider this aspect. With profit maximization as their ultimate goal, they will definitely dictate the use of funds and set various restrictions, and they will never agree to the British government using this money to deliberately Support domestic enterprises.
In short, the rich have no intention of being taken advantage of to support Britain's large-scale economic construction this time, while those who are willing to participate do not have enough financial resources to support them to participate. Therefore, Sebastian Cocai placed his hope on George, who was born in the traditional British aristocratic circle but also had strong financial resources!
"Well, Baron Co, please allow me to think about this matter carefully." After figuring out the ins and outs of the whole thing, George couldn't help but fell into thinking. After all, this is a big business with a capital scale of tens of billions of pounds. If you don't focus on it carefully, you will easily end up making wedding clothes for others in vain, and you will get no benefit at all from your own money and efforts.
Although under the example of the Americans, the Olympic Games have changed from a money-burning machine to a money-attracting tool, the profitability of each Olympic Games varies. In addition, according to convention, during the Olympic Games, the turnover of the entire London Olympic Village will belong to the London Olympic Organizing Committee. Therefore, if too much working capital is rashly invested in this, it will not only put huge pressure on George's capital chain, but he will also face a situation where he will not be able to recover all the investment for a long time in the future!
However, although it is indeed risky to raise tens of billions of pounds for the construction of the London Olympics, then again, for George and Tottenham Hotspur, is this not a huge opportunity? You know, in London, a place where land is at a premium, if a club wants to expand the stadium and conduct commercial development around the stadium, it not only needs a lot of real money, but also needs to convince the local local government and residents, otherwise it will not be possible at all. It may be passed and implemented smoothly!
Chelsea in the previous life is the best example. After receiving Roman Abramovich's capital injection, Chelsea Club has repeatedly wanted to expand the Stamford Bridge stadium, which can only accommodate 40,000 fans. However, residents living nearby did not agree, causing Chelsea's stadium expansion plans to be repeatedly shelved. Commercial development around the stadium has also been significantly affected. Until the year George crossed over, Chelsea, whose expansion plan had been approved, continued to have disputes with local residents over this matter, and the project progress was extremely unsatisfactory.
Tottenham are now facing the same problem as Chelsea in their previous life. You know, the capacity of White Hart Lane is 5,000 fewer than that of Stamford Bridge, and the Tottenham district where it is located is one of the highest unemployment and poorest areas in London. This means that although the expansion of the White Hart Lane stadium is easier than that of Chelsea, expanding the stadium in a slum area will not be of much benefit to Tottenham.
The current situation is completely different. If George takes this opportunity to request in the name of a sponsor that the location of the Olympic Village be moved to the North London area where Tottenham is located, and the "London Bowl" in the previous life will be the new home of Tottenham, and at the same time, after the London Olympics, it will If the entire Olympic Village is taken into the pocket and transformed into a theme park unique to Tottenham Hotspur, then Tottenham Hotspur will no longer have to face these current problems, and someone will come forward to help them solve it by then!
As for where the East London area, which has been deprived of its position as an Olympic village, will go in the future, that is not something George needs to worry about.
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