624: Chapter 624 Acquisition of Xianglong! Transfers and Team Relocation!

By the afternoon, Su Yang went to Yuanshi Investment again. The returns on Yuanshi Private Equity's funds were naturally soaring.

This made Su Yang want to lift the lock-up period on the private equity funds and move his own idle capital into them!

However, he was only momentarily impulsive, and he quickly suppressed this idea.

Meanwhile, the mental state of Pei Jiaqi, that young woman, was clearly much better than before.

Su Yang had a chat with Xiong Tianze and talked to him about separating Yuanshi Private Equity from Jufan Holdings!

Xiong Tianze guessed that the boss wanted to diversify risks, but he didn't ask further; the boss surely had his own considerations.

In any case, Yuanshi Private Equity was in finance and didn't particularly need the resources of Jufan Holdings' other subsidiaries!

As long as the boss was still around, the funds from those subsidiaries would still prioritize investing in Yuanshi Private Equity.

At this time, negotiations in Xiang Province had made breakthrough progress.

Perhaps it was because they had been stood up by Baniu, perhaps because they had been fiercely scolded by the fans, perhaps because they had been mocked by fans from other regions, perhaps because they couldn't bear to see the only professional football club in their province go bankrupt, or perhaps they really wanted to achieve some results...

The Xiang Province Football Association and sports officials had shown their sincerity to Jufan Holdings, and with Su Yang's demands not being harsh, the negotiations between the two sides went very smoothly, and they also secured a great deal of autonomy.

Seeing that the local officials and Jufan Holdings had reached an agreement, and knowing they couldn't continue operations themselves, nor would the officials provide further financial support, Xianglong Football Club simply complied, especially since Jufan Holdings' offer was reasonable.

Xianglong Football Club didn't have many physical assets; almost everything was supported by local officials!

Therefore, the asset valuation proceeded quite smoothly, and the historical debts were relatively easy to investigate.

Consequently, Jufan Holdings quickly reached an agreement with the officials of Changsha and Loucheng, as well as Xingrui Technology, the parent company of Xianglong Football Club.

Jufan Holdings acquired Xianglong Football Club for 5.5 million and assumed more than 4 million in debts of Xianglong Football Club.

These debts included historical liabilities as well as the wages of the club's players and coaches!

The day before signing the contract, Su Yang rushed to Changsha.

Incidentally, he also brought Jian Wei, the person in charge of Jiuxiang Catering in Xiang Province, to have a meal with the Changsha officials, introduced Jian Wei to them, and let him get slightly familiar with them.

The next day, Guo Xueqin represented Jufan Holdings and signed the contract with the person in charge of Xingrui Technology.

From then on, Xianglong, a football club with a seventeen-year history, fell into Su Yang's hands.

After the contract was signed, media reporters interviewed Guo Xueqin and Xie Yuxiang one after another.

Guo Xueqin said a whole bunch of high-sounding, unsubstantial platitudes.

However, under Su Yang's instruction, Xie Yuxiang shouted out the resounding slogan: "Invest 500 million, reach China League One in three years, reach the Chinese Super League in five years, and defeat Baniu head-on on the pitch!"

Once this slogan was shouted, the media reporters present were all in an uproar.

They loved this kind of sensational news slogan!

Especially that last sentence, which sounded very satisfying to the local media in Xiang Province!

"Don't you Baniu look down on our Xiang Province?"

"We in Xiang Province are going to support a Chinese Super League team, and then defeat you head-on!"

When Xie Yuxiang shouted this slogan, Su Yang noticed that the eyes of the people from the Football Association and the officials lit up.

It was clear that they also hoped that one day Xianglong could defeat Baniu on the pitch... The people of Xiang Province had a streak of toughness in their bones!

After officially acquiring the football club, Su Yang, accompanied by officials, took Xie Yuxiang and others to Xianglong, gathered all the club's management, general staff, coaching staff, and players, and announced that he would pay back the wages that Xingrui had owed them and would also cover their discontinued social security contributions.

He would also increase the base salary of all general staff by one thousand and would purchase social security for those who didn't have it.

This made everyone at Xianglong Club extremely grateful!

Watching their loyalty rising rapidly, Su Yang thought to himself that their requirements were really quite low!

With just these small favors, it seemed like he had almost bought them all over...

Of course, it was also possible that Xingrui was truly acting inhumanely!

If he were working a job and had his wages withheld for several months, he would be cursing too!

Next, Su Yang promised that there would be no layoffs in the short term, and the retention of all employees would depend on their performance.

Then he appointed Xie Yuxiang as the General Manager of Xianglong Football Club and appointed Huang Jianuo as the Deputy General Manager.

He also inserted some core members from the original Meteor Club, as well as finance personnel, into the club.

Don't look down on Meteor Club just because it was an amateur football club; the employees he recruited were quite capable, at least more reliable than most employees at Xianglong Club!

Moreover, in order to expand the club to other provinces, Meteor Football Club had been cultivating reserve talent!

Xiang Province wasn't far from Sichuan Province, and with the good wage subsidies offered by Su Yang, some of the young employees were willing to follow Su Yang to develop in Xiang Province.

Su Yang also promised that they could apply to transfer back.

However, they had to stay for a year first to help Su Yang stabilize the club!

As for the original management, the General Manager and the finance staff had submitted their resignations. For the remaining management who didn't intend to leave, Su Yang let them stay in their original positions, to be retained based on the situation, and to first stabilize the club's operations!

Subsequently, Su Yang and the Football Association officials from Loucheng and Changsha gathered the management together to discuss the upcoming work tasks for Xianglong.

First was the matter of transfers; Jufan Holdings would increase recruitment this season to strengthen the team's capabilities!

The domestic winter transfer window started at the beginning of January and ended at the beginning of March; there were currently nearly two months left, which was considered quite sufficient.

Then there was the matter of the team's head coach and players... Su Yang couldn't determine these for the time being.

The position of Xianglong's original head coach was vacant; he was already gone when Jufan Holdings wanted to acquire Xianglong.

Su Yang thought of Meteor Club's head coach Zhang Yunzhong and knew that he really wanted to take on the position of head coach!

But he had to carefully consider this matter.

Although Xie Yuxiang had shouted about reaching China League One in three years and the Chinese Super League in five years.

He, of course, hoped that the team would become a Chinese Super League club as soon as possible!

After all, the leaders of the Xiang Province Football Association and the sports department had set target rewards for Xianglong.

Reaching China League One and the Chinese Super League both came with bonuses, and the subsidies would also be increased!

After arranging the matters of transfers and the head coach, Su Yang mentioned another major event.

That was to move Xianglong Football Club to Changsha, and to transfer its registration from Loucheng to Changsha.

This was also one of the conditions for Jufan Holdings' acquisition of Xianglong.

Like many provinces internally, Xiang Province followed a strong provincial capital strategy.

The provincial capital, Changsha, possessed the best resources; whether it was population resources or financial capital, these were things Loucheng couldn't compare with.

Since they were going to do football, the accounts would definitely be in the red in the early stages, so they certainly had to prioritize occupying the best territory!

He came to Xiang Province to do football, and this point was also very important.

For the time being, there was no need to compete with other professional teams for the market or fight for fans, and there were no Chinese Super League powerhouses entrenched there; Xianglong was the only one in the entire province, so he could seize the initiative from the start!

And unlike Sichuan Province, the Changsha Football Association was subordinate to the provincial Football Association, so it was relatively convenient to coordinate.

In the future, after Xianglong moved to Changsha, the name would still be Xiang Province Xianglong!

And not Changsha Xianglong!