Extraordinary Genius

Chapter 1243: Raising the Bar of Sponsorship

The Olympic Games have had sponsors for a long time, including top sponsors like Coke, as well as official sponsors and official suppliers established by the Olympic Games. Under normal circumstances, official suppliers are also official sponsors. There is also a kind of partner, which also means the same thing.

China is a country with a low per capita income. Among the countries that have hosted the Olympic Games in the past, they are all backward. The just-concluded Sydney Olympics set a good example for Huaxia. Hosting the Olympics can not only gain a good reputation, but also make money.

The easiest way is to operate commercially under the coordination of the government, which naturally requires the participation of merchants. The funds Huaxia plans to invest at this time can be called the sum of all the previous Olympic Games. In fact, Huaxia can afford such a huge amount of money. After all, Huaxia's total income is still good. But in this way, other provinces will inevitably have opinions, and all the money can't be invested in the capital.

So this Aowei Conference thought of a way to get sponsors, solicit sponsors crazily.

Basically, large domestic state-owned enterprises and central enterprises have donated money, and some rich people in Xiangjiang and Lisboa have also donated less. Of course, the country also has some sacrifices, such as giving them certain tax benefits in the future and so on.

In fact, this can be simply regarded as the country looking for loans from enterprises and individuals, and repaying them with taxes. Of course, those companies and individuals have also gained a good reputation, so they can't charge interest.

And for "China's No. 1 and Asia's No. 1 Super Rich Man, they actually wanted to contact Feng Yu to donate a long time ago, but Taihua Holdings donated a lot, and they were not ashamed to continue contacting before.

This time it happened to be the meeting, so Zhao Yan spoke up.

"Donate, didn't Taihua Holdings donate?" How did Feng Yu remember that Zong Qing first told him that he donated right away?

"Uh~~ I donated, but the financial pressure is still very high. So I hope Mr. Feng can donate a little more if possible?" Zhao Yan was a little embarrassed, and he was a little embarrassed to find someone to make a second donation.

"Well, don't we have an official supplier for the Olympics, then we can donate more, and you can designate us as the official supplier."

The official supplier can print the Olympic logo on the product. This is one of the best advertisements during the Olympic Games. After all, the Olympic Games is a grand event in the world.

"How much is an extra donation?" Zhao Yan asked.

Feng Yu looked at Zhao Yan with a smile: "Master Zhao Ju, I will discuss this with Zong Qing later, and then I will give you an answer. But don't worry, I will do my part to contribute to the country's sports construction!"

Zhao Yan was overjoyed: "On behalf of Aoweihui, I would like to thank Mr. Feng for his generosity."

...

"Old Zong, how much does our Taihua Holding Group donate to the Olympics? Are we number one? One billion RMB?"

It is said that this donation can be No. 1 among the corporate donations and sponsorships of the previous Olympic Games. No company has donated more than 100 million U.S. dollars in any one session.

Feng Yu remembered that in his previous life, Huaxia, including rich people such as Xiangjiang and Lisboa, had the highest donation and sponsorship, which seemed to be only 80 million U.S. dollars. Everyone gathered together to make a huge number of tens of billions of U.S. dollars.

How much was the total amount of donations and sponsorships from Huaxia in the previous life for this Olympic Games? More than 50 billion, US dollars. As for the Huaxia government's investment, it is estimated to be 42 billion U.S. dollars, and will eventually exceed one billion U.S. dollars. And after the Olympics, the net assets of those venues will be more than 45 billion U.S. dollars. It can be said that the country has absolutely no losses.

And just for the infrastructure construction of the capital, including airports, highways, subways, etc., there are 30 billion U.S. dollars invested. These are investments that will continue to benefit the capital and China in the future. In fact, if the Olympics are not held, they will also be invested, but it will not be such a large one-time investment.

Feng Yu doesn't talk about anything else now, he can make a lot of money every week just by investing in gold futures in Fengyu Consulting. And those IT-related industries that Feng Yu invested in the United States are also developing better and better. Now Feng Yu can already live and count money,

And ensure that your assets will not be surpassed by others.

China wants to hold an Olympic Games that attracts worldwide attention. One is to show China's strength to other countries, so that they can clearly see that China has risen, thereby increasing China's voice in the world. Another point is that China has been proud of being a big country since ancient times. There are always so many problems in other people's Olympic Games. If we run it ourselves, it will definitely not be like this.

This time it was really their turn to do it themselves, and they realized that if they want to do it to their own satisfaction, they need to spend too much money. Of course, the money spent is not in vain. It can be earned back in many ways, and it will continue to bring economic benefits in the future.

Just by driving the tourism industry, there will be a lot of income, not to mention other aspects.

"Old Zong, look at the various subsidiaries, how much money they can give out, not just now, but a little every year, we want to raise the sponsorship fee threshold for this Olympic Games to a height that attracts the attention of the world!"

Those top sponsors really don't have the most amount of sponsorship, but they can get the most shots, and this is all related to the International Olympic Games.

There is nothing Feng Yu can do, they are all contracts signed before. But Feng Yu is about to slap Aoweihui in the face. Your so-called top sponsor paid this little money, so why are you so embarrassed to ask for so many shots? Take a look at how our sponsorship is here, yours is just a fraction!

"Mr. Feng, how much money are you going to donate?"

"Every brand, prepare 100 million US dollars. If it is not enough, I am ready to add more at any time. Personally, I will donate more, and then let the world know that their sponsors are too picky!"

Zong Qingxian was a little speechless. Feng Yu's move would definitely attract the hatred of the International Olympic Committee, but it was really enjoyable, saving those International Olympic Committee people from intervening too much.

In fact, many people have complaints about Aowei International. After all, their annual income is very high, and the average salary of those employees is world-leading. Converted into RMB, the average salary of those employees is more than one million. Even the most ordinary employee has a salary of more than half a million, and their jobs are actually not too difficult.

Of course, the most important point is that 90% of the top sponsorship, broadcasting rights and other fees must be paid to the Olympic Organizing Committee of the host country, so the higher the top sponsorship fee, the more money Huaxia can get.

If the so-called top sponsorship is not as good as Huaxia's official sponsorship, then the International Olympic Committee will be ashamed, and the Huaxia Olympic Organizing Committee can also protest.

"President Feng, are you sure you want to do this?"

"Is there anything wrong? I donate money myself, and I still need their consent?" Feng Yu hates this kind of thing the most. You can't donate more than the leader. Besides, he never thought that International Aowei would be able to lead him!

"Okay, this should be fine, but the sponsorship contracts of each brand must be returned." Zong Qingxian must consider the interests of each company, not everyone is like Feng Yu who does not take money as money.

"No problem, the more we donate, the more money we can save the country. If those foreigners can't afford it, give up."

... (To be continued.)

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