Chapter 146: Buying a Team and Blood Hunting(2/3)
Abel said: "I remember that the New York Knicks are a property under the name of csc?"
"Yes." David Mellon nodded.
& is America Cable
Television Systems, Inc. is the fifth largest cable television operator in the United States.
The company has about 3 million customers in New York state and almost 7 million users in the Northeastern United States.
The founder is Charles Dolan, a large group company on the East Coast.
David Mellon thought for a while and added some information.
"I remember that James Dolan, the son of Charles Dolan, is in charge of the CSC's TV sports department now. It started last year."
"In addition, CSC's TV sports business group has several teams, such as the New York Knicks of the NBA, the New York Rangers of the NHL, the New York Liberty of the NBA, and the Connecticut White Whales of the American Hockey League."
"In addition to the main television business, TV sports and msg group are the two most important business sources of csc."
"CSC's financial situation is in good shape. If you want to buy the New York Knicks from them, it's not that easy."
David is truly an old East Coaster.
In addition, he hangs out on Wall Street and works for a weird financial company like Smith Capital, which likes to search for information when there is nothing else.
This gives David Mellon a very detailed understanding of many large and small companies in the United States, especially on the East Coast.
"Sounds difficult." Abel nodded, and he had to admit this.
Mainly, don't look at the New York Knicks, their record has never been good.
But because we are in New York, we are the only NBA team in New York.
This allows it to top the entire NBA in terms of revenue.
It enjoys the most expensive tickets in the NBA, the best venues, and fans with the most purchasing power.
Even if it loses every year, csc is unlikely to sell it.
Because although the record is ugly, it has always been the most profitable team in the NBA and also the most valuable team.
There are actually many wealthy people in New York who are very interested in this team.
After all, this is the only basketball team in New York.
Although among the rich, the NBA, which has too many black people, is a bit unpopular.
But after all, it is unique in New York, if it can be easily purchased.
There are too many wealthy New Yorkers willing to buy this team.
If you can't get it, it proves that it is very difficult to buy.
Of course.
If you are willing to spend money.
For example, if the market value is one billion U.S. dollars, and you offer two billion to three billion, then CSC will obviously be happy to part with it.
It’s just that no one is willing to do this kind of loss-making business.
Even Abel was not willing, even if his money came easier than the wind.
"Okay." Abel said, "Let's not talk about this topic anymore. We just give them the tasks and see how well they complete them before I can decide whether to use them as my think tank."
David Mellon nodded, he also knew what Abel meant.
Then he saw Abel stand up and said:
"Let's go, I haven't cut leeks for a few days. Let's go out and have some fun. By the way, before the year-end cocktail party, we can make the profits on the financial report look better."
After hearing his words, David Mellon suddenly became energetic.
He changed his demeanor from the Wall Street nobleman just now and followed him energetically like a follower.
"Okay~ You have the final say, our alpha wolf wants to eat meat, and it's time for the wolf cubs to show their claws and fangs!"
"Boss, where are we attacking this time?"
"Let me look at the chart first."
After a while, the two came to the operation room of Smith Capital.
Just like at Woolworth House.
David Mellon held the microphone excitedly and walked up to hundreds of elite analysts and traders.
"..Everyone, everyone! You Smith wolves, stop what you are doing right now."
"Your alpha wolf is going to lead you on a bloody hunt!"
"Cheer up and stop what you are doing."
David's cry and the figure of Abel next to David instantly attracted all analysts and traders.
Smith Capital employees originally thought that today would be as peaceful as before.
For a moment, it was like taking a shot of chicken blood or drinking a hundred bottles of Red Bull.
Everyone became excited.
Just because Abel appeared next to David Mellon.
This is not a very common thing in Smith Capital.
Although the boss often comes to the company, the boss appears in the trading floor.
Sometimes not once for two or three months, sometimes two or three times a month.
But whenever he appears in front of everyone, it's time for Smith Capital to start eating meat again.
This is also the time when employees like them, who have no trading authority and can only study and study all day long, can launch an attack.
Over time, they have adapted to this model.
This also allows them to show great aggression and enthusiasm when they officially start trading.
Coupled with the generous bonuses ahead, Smith Capital employees are often extremely idle when they are idle.
When you are busy, you may be so busy that you suddenly die.
At this moment, Smith Capital is like a pack of excited wolves before launching a group hunt.
It’s just that there’s no more ghosts crying and wolves howling.
This commotion made Abel very satisfied.
He took the microphone from David Mellon's hand and said in a calm voice - "Quiet."
His voice seemed to have magic, a simple word.
The traders who were very excited because of David Mellon's words immediately calmed down.
"Let me take a look at the trend chart and consultation first."
Abel walked to the big screen and read the various financial information on it under the gaze of hundreds of people.
This is the kind of thing where you usually don’t pay much attention to the financial situation and only look at the charts when you want to start investing.
No one would believe me if I told you, and it would probably make Wall Street think he was a lunatic or a layman.
But at Smith Capital, everyone is used to it.
And they are all a little accustomed to it, as if this is normal.
In front of Abel's eyes, there were multiple big screens.
Some of them display data on major global futures markets and various precious metal futures.
Some include data on major global stock markets and those stocks.
A wall composed of dozens of large screens covers most of the current investable categories in the world.
Abel looked at it casually and walked to his favorite foreign exchange screen.
There are three large monitor screens in total, with trend charts of a large number of foreign exchange varieties on them.
Abel glanced over and activated his own talent.
Under this gaze, the British pound currency exchange attracted his attention.
He immediately ordered his employees to open the GBP/USD chart.
He noticed that on the current daily chart, GBP/USD has fallen for 6 consecutive days.
On the monthly chart, GBP/USD has fallen to near the 5 moving average, where there is strong support.
To understand this, you only need to study some foreign exchange investment information.
But if you want to find business opportunities and profit points here.
Either he is particularly sensitive to this aspect of trading, or it is just pure luck.
Abel is neither of the two, he belongs to the third type who can cheat.
After just a few minutes of watching, Abel decided the next hunting direction of the Smith wolf pack.
"Let's make a short-term profit this time!"
he
He turned around and took the microphone from the hands of David Mellon, who had been following him, walking like a humble schoolboy.
To be continued...