Chapter 405 Mansur's Integration Plan (Big Chapter)
(Thank you for your votes, I was pulled out to work overtime again, only this chapter is left, sorry!)
"Roman, please spare me. I'm not Mansur, a big local tycoon in charge of trillions of dollars in assets. I should go beg for a 200-meter-long yacht after a few years."
Mansur was amused by Yang Cheng's words, and he nodded approvingly, "That's right, the annual maintenance fee of this Topaz is more than 25 million pounds, and the cost of going to sea every time is extra, and occasionally I will rent it out to earn money." Pay for the fuel, or I'll have a headache."
Roman also opened the conversation, "Mansour, you are not bad. You know that I have a fleet of yachts, and the combined annual maintenance fee exceeds 70 million pounds. Similarly, the cost of each trip to sea is calculated separately. Recently, I am planning to set up a yacht fleet. A yacht charter company that rents out yachts to make money when I’m not using them.”
Yang Cheng spread out his hands, "So, I will definitely not be like you. The sao package orders a super yacht over 150 meters. My requirement is to be advanced, and the length is secondary, and I am not so Multiple servants are enough for me and my family to use.
Besides, yachts are upgraded too quickly, and they will be eliminated in a few years, which is really not worthwhile. "
Mansur suddenly put down the cocktail glass, picked up the ipad and searched for something on it, handed it to Roman after a while, and then introduced to Yang Cheng, "Just talking about this, I sent my men to do research on the global yacht rental market a while ago. According to detailed research, the market value of the global yacht leasing market in 2014 was US$35 billion, and it is expected that the market value of the global yacht leasing market will reach US$51 billion in 2020. During the forecast period, the market value of the global yacht leasing market will achieve a compound annual growth rate of 6.5%.
In terms of regions, Eastern Europe is expected to witness the largest CAGR of 7.2%, followed by other regions at 6.5% CAGR. Emerging markets, including the Middle East and Country Z, are expected to continue to grow.
The yacht charter market in the Middle East has maintained an annual growth rate of approximately 5-10%. It is expected that the number of licenses issued to various types of water yachts this year will almost double from the nearly 700 licenses issued a year to more than 1,600.
The Middle East is currently the most important superyacht market in the world. The Middle East owns about 193 superyachts per capita, accounting for 12% of the global fleet of yachts over 40 meters in length, while about a third of the top 200 largest yachts are owned by Middle Easterners. "
Roman looked at several data sheets, passed the ipad to Yang Cheng, turned his head and asked, "So what do you mean?"
"I think this market needs to be consolidated. Just now we also talked about the high maintenance cost of our superyachts. Gaining popularity can also provide customers with one-stop service and earn high rental commissions.” Mansour talked about his plan.
The yacht brokerage management company in his mouth is responsible for the sales and purchase, leasing, technical consulting and operation management of the world's large luxury yachts.
Every customer who owns a super yacht has his own unique lifestyle and personal preferences. Yacht brokers need to provide services according to the characteristics of each customer. After all, the rich rarely hire a team dedicated to maintaining their own big toys, yachts Very little time is really yours.
It's just that Yang Cheng didn't expect that Mansur would pay attention to the yacht rental market. Judging from his investigation results, this is still an unnoticed market with great prospects.
"So which company are you eyeing?" Yang Cheng put down his iPad and asked with his legs crossed.
"BURGESS, currently the largest yacht management company in the world." Mansur leaned over to take the ipad, called up the relevant information and handed it to Yang Cheng and the others.
BURGESS, which was born in 1975, pays great attention to details and customers' needs, and at the same time pays more attention to the quality of its own team. It is like a comprehensive butler team with "superpowers".
As the only yacht brokerage company to win the Queen's Award, its "power" cannot be underestimated.
The comprehensive service and high-quality team make it rise rapidly in the industry, even surpassing other pioneers established earlier, and the company is the only company that provides customers with a full range of services for super yachts in a team-based corporate operation mode The company and other companies are still fighting alone in the style of family workshops. From Monaco to Miami, they have their business outlets in every major market in the world.
A set of more astonishing data is presented in the information provided by Mansour. At present, in every three transactions of superyachts of 55 meters and above in the world, one of them has BURGESS involved. It can be said that BURGESS is sitting on With more than 30% of the market share!
In addition, BURGESS manages and leases up to 80 yachts, most of which are over 30 meters in length, and among them, the number of yachts over 60 meters in length is more than any other similar company.
BURGESS has many successful project management experiences in building superyachts with a total length ranging from 40 meters to more than 140 meters. It has 12 offices around the world and more than 160 employees. These advantages are unmatched by other companies.
With comprehensive yacht knowledge, industry insight, professional technology and high-quality service, BURGESS has become the most authoritative expert in the super yacht industry. Many celebrities include Chuan Pu's super yacht and the world's largest yacht AZZAM belonging to the Prince of Saudi Arabia. , and the super yacht of the Prime Minister of Qatar, etc., are all managed by BURGESS.
Turning to the last page, Yang Cheng found the information he was most concerned about. Mansur's team valued BURGESS at US$210 million, giving a premium of US$70 million. That is to say, Mansur's elite team We believe that it is reasonable to acquire BURGESS within US$280 million.
"Is the valuation so low?" Abu frowned in puzzlement. In fact, Yang Cheng also felt that this valuation was not right. After all, last year alone, BURGESS sold yachts with a total price of 1.4 billion US dollars, and its own The number of yachts is more than 5, which are high-quality fixed assets that can be included in the evaluation, not to mention that the profit margin of selling yachts is quite large.
Mansur picked up the ipad and rummaged for a while, pointing to the screen and said, "This is the internal statement of BURGESS that I got from a business consulting company. The debt is quite serious, and almost all the money I earned was used to repay the interest."
So it’s not difficult to understand. Abu has no problem. He chooses one from the cigar box on the coffee table, puts it in front of his nose and sniffs it, closes his eyes intoxicated and says, “Then Mansur, do you want to Pull us in? How will the equity be distributed?"
"This acquisition is led by the Abu Dhabi sovereign fund, and I will allocate 30% of the shares plus board seats to the two." Mansour's white robe does not affect his aura in business negotiations.
Yang Cheng and Abu looked at each other and smiled, "Mansour, are you kidding us? You dragged us to the yacht and talked for a while, just to get us to invest tens of millions of dollars? I might as well share with you Abu reorganized a new yacht management company."
"Jason is right, if you are joking, then this joke is very funny." Abramovich teased.
Mansour spread his hands helplessly, "The Abu Dhabi sovereign fund only accounts for 20%, and the remaining share must be handed over to our fraternal federations, such as the sovereign fund of Dubai and the sovereign fund of Saudi Arabia."
"It's not all the same. Who doesn't know that when you are united in the Middle East, you are like brothers, and when you are not united, you can fight to the sky." Yang Cheng was even more helpless. In his opinion, this project has nothing to do with him. It is a product of self-entertainment, once there is a disagreement, the two votes between him and Abramovich will have no effect at all.
Mansur shook his head with a serious expression, "It's different, believe me, I'm on the side with the two of you."
Yang Cheng is not in the mood to listen to their internal conflicts in Arabia. The level of dog blood is comparable to Korean dramas. After thinking about it, he and Abu looked at each other, and then understood each other's intentions. This business can be done, anyway, it is only tens of millions of dollars in investment , In exchange for a seemingly bright future, it is worth a gamble, so he said, "Okay, I voted for this project, and I will send people to the four-dimensional space to sign the contract later. After the acquisition is successful, I will send people to the board of directors."
Abu naturally made the same decision as Yang Cheng, and then the three of them abandoned their business, and completely relaxed in this moving castle.
And Yang Cheng was also exposed to the light of Mansour, and experienced the unique style of an Arab girl. She not only has the mature and attractive Dong~ body of European and American women, but also has the watery tenderness of Asian women. She is hidden under the robe all the year round. She has almost never seen sunny skin, and has a white and tender skin that is different from other races. She is wild and shy in one, satisfying the desires of men who are both ice and fire.
In short, Yang Cheng was very satisfied during the night on the yacht. However, 419 is wonderful. Yang Cheng is not going to take girls into his account. Arabs are all paranoid. No matter male or female, he doesn't want to raise a time bomb. beside.
. . .
The next day, Yang Cheng and Abu returned to London on the Topaz helicopter. When they returned to their room, Yang Cheng felt a little guilty when he saw Shang Susu's resentful eyes. He also said where did this feeling come from. No, anyway, Susu's pitiful big eyes, like the light of Buddha, made Yang Cheng slowly feel guilty.
"That~ did you sleep well last night?" Unable to bear the embarrassment of the atmosphere, Yang Cheng took the initiative to please.
Maybe it was just waking up, the plain face Susu pouted her small mouth, hugging her fragrant shoulders cutely, her powdered face was equally attractive without makeup, "Not good!"
Yang Cheng's little heart skipped a beat, and she touched her nose embarrassingly, "Then I'll sleep with you for a while? It just so happened that I didn't sleep well either."
Any idiot would know why he didn't sleep well, Susu snorted angrily, "I don't want it, Mr. Zheng came to look for you, and asked you to tell him when you come back."
Yang Cheng was taken aback for a moment, and then showed a shy smile, wondering if this guy can't help it? This concentration is too bad.
Now that there is business to do, the love between the two of them will come to an end for the time being, and it will continue another day. He pecked Su Su's charmingly flushed cheek and asked her for the Mandarin Oriental to rely on for civilization. Yang Cheng went out of the room and walked to the next door for the exquisite breakfast.
I stopped for a while outside the door of the suite next door, mainly to hear if there were any weird noises inside, but I didn't hear anything. How could the top suite of a super five-star hotel have poor sound insulation.
Disappointed, he raised his hand and rang the doorbell. After a while, Zheng Jiaxuan opened the door. When he saw that it was Yang Cheng who came, there was no dissatisfaction in his tone, at least Yang Cheng didn't hear it.
"Morning, are you back?"
A casual sentence like greeting an old friend made Yang Cheng suddenly wonder if he was oversensitive.
Delete the thoughts you shouldn't have in your mind, and ask, "Have you had breakfast? Do you want to chat while eating?"
"Also."
In fact, Yang Cheng had breakfast on the yacht, but he just asked casually out of etiquette, but he really didn't eat it.
When they came to the restaurant on the second floor of the hotel, Yang Cheng only asked for a cup of hot milk, but didn't take any food.
"Aren't you going to eat it?" Zheng Jiaxuan asked in surprise after picking out a few common breakfasts and returned to his seat.
"I don't have an appetite, so I need to drink some milk to raise it." Of course Yang Cheng couldn't say that he had eaten it, so he made up an excuse to go back, and then asked, "I heard Susu said that Big Brother Zheng is looking for me?"
Zheng Jiaxuan smiled slightly, cut the breakfast bread elegantly and said, "It's still the same thing, I just want to remind you because I'm afraid you will forget, brother Yang."
Yang Cheng couldn't help laughing, "The reason I'm going out these few days is for Brother Zheng. I've already told Prince William. If you have nothing else to do, we can arrange a meeting today."
"That's good. Shall I arrange it at night? Shall I prepare some gifts?" Zheng Jiaxuan asked indifferently.
"Well, let's arrange it until the evening. As for the gift, I think Brother Zheng might as well donate some money to Princess Diana's charity foundation, which is more valuable than any gift." suggestion.
"That's a good idea, I'll listen to you." Zheng Jiaxuan followed the good advice, and seemed to regard Yang Cheng as the backbone, saying what he said, such an attitude made Yang Cheng feel embarrassed to cheat him, but he was like a mirror in his heart. This guy is definitely a smiling tiger. He is a hypocrite and dare not make a judgment, but he is definitely not a good bird. It can be seen from the fact that he has pinpointed Yang Cheng's weakness twice in a row and 'forced' Yang Cheng to help him.
Leaving aside how much resentment Yang Cheng had in his heart, this breakfast was called Harmony. After drinking the milk in the glass, he took the lead to say goodbye, "Then I will see you at night, Brother Zheng. I will send you a text message to inform you of the meeting place."
"Okay, thank you for your help."
After shaking hands with Zheng Jiaxuan and saying goodbye, Yang Cheng walked out of the hotel and asked Andrew to drive him to find William. He wanted to make sure everything was safe, and he didn't know what William was talking about with that Alex Beard.
Twenty minutes later, at Kensington Palace, Yang Cheng and William sat in the conservatory garden of Kensington Palace, sipping a cup of tea, and conspiring, "William, what's going on with you? Meet Zheng."
William smiled a little dryly, "It's not that easy, that's Beard's entire net worth, and it will take time to convince him."
Yang Cheng frowned slightly, "So the meeting has to be postponed?"
William hesitated for a moment, "No, I'm confident in persuading Beard."