American Fortune Life
Chapter 1310: 13 blocks high can really make money
In the air palace, Andy leaned back on the large loose sofa, looked over the hand piece, and a little assistant passed Ruby Roman grapes worth $ 226 each into Andy's mouth.
"Well, these little devils really make money." Feeling the sweetness in his mouth, Andy had to admire him.
Tori picked up a ping-pong-sized grape and put it in his mouth. The delicious taste was really excellent. Since following the devil, she has eaten a lot of good things, but this foot basin is newly available. Ruby Roman grapes for $ 6,400 per bunch for well-known rich people are truly superb.
"I heard that the output is extremely low. If you like, I will call them to inform them in a little while, to be more prepared." The little assistant picked up one and handed it to Andy's mouth, said softly.
"Well. Let someone send it to Ivana, let her taste it or not." Andy said without looking up, turning the file.
"understand."
At this moment, the mobile phone on the table rang, the little assistant reached up, took a look, and handed it to Andy, "Boss, it's Mr. Smith's phone."
"Oh?" Andy reached for the phone, picked it up directly, put it in his ear, and greeted with a smile: "Good morning, grandpa."
"Oh, good morning, where are you now?"
"On the plane, is flying to Paris, is it all right?" Andy asked frowning slightly.
"It's not a big deal. A funder intends to sell assets and wants me to ask if you are interested."
"Oh? Let Grandpa you make this call, it seems that this business is a bit interesting." Andy was a little curious.
"Hehe, the Yellowstone Club is in financial crisis and has applied to the court for bankruptcy protection. Edela intends to sell all assets to pay off the debt. Are you interested?"
"Of course!" Andy blinked his eyes, sat upright, and said cheerfully, "how much does she want?"
"I didn't ask more specifically, but it will be about 400-450 million. After all, it involves a loan of 375 million US dollars. If you are interested, I will let Adra contact you."
"Ok……"
After receiving some information from Old Smith, Andy hung up the phone. It turned out that in the recent period, with the collapse of the US real estate market and the decline of new members, the income of the Yellowstone Club has fallen sharply, coupled with the club's global expansion plan The failure has made it financially stretched.
The key is the Brix Seths who own the Yellowstone Club. They are dead couples. Not only do they spend a lot of money on their luxurious private life, they have always been criticized. They often travel by private jets, and countless luxury cars in their names.
Some investors and members of the Yellowstone Club have therefore brought them to court, accusing them of using the club's funds in their own pockets and keeping an eye on investors' rights. However, the lawsuit ended in an out-of-court settlement.
From 2005 onwards, the dead couple began a blind global expansion, diverting funds originally used for club affairs, and even purchasing assets in their personal names, thereby further deteriorating the club's financial situation.
Of course, the most important thing is that the couple broke down in August this year. In a staring fight for control of the club, his wife Aedra gained control, but after he took office, he faced the financial turmoil. Faced with high debt, dumbfounded.
To be honest, Andy is definitely a long-time fan of the Yellowstone Club, which owns about 54 square kilometers of land near Yellowstone National Park. When he took Lima to the Yellowstone Club for the first time on vacation, he was regarded as the land I didn't expect the opportunity to be sent to him like this.
Soon, the incumbent of the Yellowstone Club EO Aedra called in. After a few words of admiration from both sides, Edla opened the door and talked to Andy about the Yellowstone club, with a asking price of $ 445 million.
Andy naturally will not immediately express his position, just tell the other party that he is very interested, and will shoot the acquisition team to contact the other party as soon as possible. You can hear the other party's eagerness on the phone. It seems that this Yellowstone club has indeed been unable to continue.
After hanging up the phone, Andy contacted Alvitele in New York and talked about it. Al was very clear about his boss's hoarding of the land. By the way, he wanted to report to the boss and let his men quickly collect information about the Yellowstone Club. information.
"Owner, the Yellowstone Club covers an area of about 5,420 hectares, and currently has 200 du holiday cottages, a large ski resort and a golf course.
At present, there are 340 members. After paying a deposit of $ 250,000 for one time, members need to pay a membership fee of $ 18,000 each year. The club currently employs more than 600 people.
Two months ago, the Yellowstone Club announced a large-scale expansion plan, including the construction of 450 new holiday homes, apartments and supporting recreational facilities such as luxury hot spring baths, clubs, baseball fields and more ski runs. However, this expansion plan has been put on hold due to the club's financial constraints.
Overseas assets include a French castle, a Scottish golf course, a Mexican villa, and a Caribbean estate.
The fees charged to members since its inception and opening in 1999 were approximately $ 88 million, and a $ 375 million loan the club received from Credit Suisse in 2005. And the debt of Yellowstone Club is mainly derived from this loan. But because of management and management problems, there are many problems with the whereabouts of these funds ... "
"Oh, man-made cave!" Andy immediately understood what the couple had done, but this leisure resort club was not a mess. Except for financial confusion, the others were very good.
"Al, what do you think?"
"Nice asset, there is a lot of room for development. The main reason is that the membership system of this private club is very characteristic and has great appeal to some super rich. If the boss takes over, it will undoubtedly increase its influence. Grade! "
Forced, to put it plainly, the force of the Yellowstone Club is very high. Previously, members of the public who had bragged about the application, even Hollywood stars were not eligible to join, and released members including Bill Gates, former vice president, senator and other big names. No doubt it blows the pressure of this private club.
If Andy takes over, it will naturally increase the force of the Yellowstone Club by more than one grade. After all, the status of the dead couple cannot be compared with Andy. In that way, Andy would let the club expand. It is even more attractive to the rich in the United States and the world.
"Then send someone to talk. I like the scenery there. It is also a good choice to live for a month or two every year. Hey, if I can, I really want to link the farm and the club together ..."
"..." Alvitre on the other side of the phone twitched, with a black line on his forehead, rolled his eyes, pretending not to hear, the farm is in the middle of Montana, and the club is on the lower border of the state. ?
"Cough." It was found that Al didn't make any difference, and Andy gave a few coughs, and then said, "By the way, let people look at the land farms around Yellowstone Park, and buy more if it is cheap. When I buy the club, I want to build an airport! "
"Good boss." Al immediately responded that building a small airport is very reliable, which has greatly helped the development of the club, solved the traffic problem, and will undoubtedly make this resort more popular. You must know the rich They all hate trouble, and if they need to switch back and forth between vacations, even if the scenery is beautiful, they will not be regarded as the preferred destination.
After hanging up the phone, Andy thought more and more that this club had a lot of room for development. At that time, let his security company establish a sub-base in it. The most beautiful scenery, the best facilities, the cuisines around the world, the most Well-known rich people, the most complete security, alas, I believe that the Yellowstone Club will develop into the world's top club, and let the world talk about it and yearn for it.
Not a member of the Yellowstone Club, are you embarrassed to say that you are a world-class rich man? 8)