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Chapter 285 Mount Smith Regardless of the Cost(2/3)

At least when Bernie relents, at least when Bernie can be under his control.

Abel allowed Bernie to continue to manage and run F1.

"I have several conditions." Abel finally spoke, his voice, the general manager of F1 Holdings, was clear and bright.

"First, the salary of the general manager of F1 Holdings is too high. 80 million euros. Oh my God, there are not many people on Wall Street who can get such an annual salary."

"The huge salary expenses will put too much pressure on F1's operations."

Abel looked at Bernie Ecclestone.

"I think ten million euros would be a more reasonable figure. Mr. Ecclestone, what do you think?"

Bernie Ecclestone thought to myself I think? I think you are SHIT from Farke!

But Bernie also knows that if he still wants to stay in F1, he has to agree even if he doesn't want to.

In addition, the annual salary of 10 million euros is actually quite a lot.

Bernie smiled reluctantly: "I think this is reasonable, sir."

As soon as the words came out of his mouth, Bernie felt that his heart was about to break.

The salary loss of 70 million euros a year accounts for half of his annual income.

Most of this half is pure profit income

"The second condition." See how sensible Bernie Ecclestone is.

Abel also got straight to the point.

"Remove the positions of two directors, Luke Argan and Emmanuel, and re-elect the board of directors. Director positions will be selected based on the number of shares."

Even if he can agree to a salary reduction of 70 million a year, it is naturally even more impossible for Bernie Ecclestone to refuse this step.

"Of course." said Bernie Ecclestone:

"Sound and legal, isn't it? Gentlemen?"

Hear the smile on Bernie Ecclestone's face and the look on his face right now.

Many people around were thinking - [You were not like this just now. You were very arrogant just now, clamoring to go to court.]

If we really have to go to court, the result will be like this.

Bernie Ecclestone's performance today really allowed everyone present to see the flexible side of the little old man.

"Very good." Abel nodded with satisfaction, very happy with Bernie's understanding, "Congratulations then. Mr. Ecclestone, you will still be the general manager of F1 Holding Company. The operating rights of F1 will still be

In your hand."

Bernie Ecclestone finally breathes a sigh of relief.

It can be said that Bernie spent most of his life in F1.

Most of Bernie's wealth comes from F1, and his identity and status are completely dependent on F1's influence.

If he loses control of F1, it will almost be like dying among London's wealthy class.

Even if the 70-year-old man makes less than 70 million euros a year, he still doesn't want to lose his reputation as F1 czar.

Bernie Ecclestone surrendered and Abel took a step back.

It also made the F1 Holding Company employees who were watching all around feel relieved.

Since then, Abel has secretly controlled the ownership of F1.

In the territory of his commercial sports kingdom, a piece of racing lights up perfectly, and it is still very dazzling.

After all, this is Formula 1, the only sports event in the world that can rival the Olympics and the Football World Cup in terms of ratings.

It is also something that racing fans are proud of.

At the same time, it is also extremely profitable and has always been one of the most profitable sports events.

Otherwise, how could those automobile giants always obey the control of F1? It's just that F1 can allocate a lot of money to them every year.

In the morning, Abel was still in the Paddington area, seizing control of F1.

In the afternoon, he had already run to Villa No. 1 on Garden Street, Kensington Palace.

Kensington Palace Garden Street is the famous "Billionaire's Row".

Many times, the difficulty of buying a house on this street is not just a matter of money.

If there is no network of contacts here, it may not even be possible to know when the mansion here will be auctioned.

The status of the residents living on this street is often either rich or noble.

In parallel time and space, Lao Wang of China later bought a villa here, but it was in a relatively remote location.

The reason why this street is so popular is because on this street, there is the famous Kensington Palace.

It is a villa of the Queen and the main residence of the royal family in London.

To a certain extent, this palace is the business card of the royal family.

It is also one of the places where the royal family receives important political figures from various countries.

In addition, Kensington Street is one of the safest streets in London.

On both sides of the road here, there are always Scotland Yard staff armed with live ammunition, that is, the Royal Police.

It is so close to the royal family, the surrounding environment is so good, and it is safe and secure.

It would be strange if the house prices here were not expensive.

In the villa at No. 1 Garden Street, Kensington Palace.

Walking around the villa is beautiful and you can see that there are decorations with historical value everywhere.

Little Laura, who had been living in the house for a few days, couldn't help but sigh to Abel beside her:

"The houses in London look like they have historical value."

Abel looked a little disapproving.

When he bought this house, investment factors accounted for most of it.

He didn't remember other aspects. He just remembered that Pharaoh, the future richest man in China, bought a house here.

The area seems to be only one-tenth of this, and the garden is pitifully small.

It seemed that it cost 80 million pounds at that time.

That was after 2015.

Abel remembered this, so after knowing that the house was only worth 80 million pounds at this time.

He decisively bought this place.

The other £80m price tag is just the price tag.

After negotiation, Abel actually spent only about 58 million pounds.

He thought that when the time comes, he would find an opportunity to sell it to the wealthy Chinese people.

As the entire Kensington Palace Garden Street, it is closest to Kensington Palace and is also one of the largest villas.

It will be sold for 450 million pounds by then. Isn’t it expensive?

Those Chinese tycoons, as well as those Hong Kong conglomerates who have a different affection for London.

Why don't you try to join forces and take down this most luxurious villa in the UK?

I'm talking about you, Agua.

If you buy this house, you can be so close to the Queen and directly become her neighbor.

Not excited?

"I don't like these old houses." Abel said to little Laura, "I still prefer our Laura's Flower."

"It can be designed from scratch, from scratch, all according to our will. I think this kind of house is more suitable for our living."

Speaking of Laura's Flower, little Laura couldn't help but laugh.

That was her dream, a love nest for two people. It was a place where she and her lover would raise their children together.

Thinking of Laura's Flower, little Laura couldn't help but said -

"But why do you have to fill in the area around that hill? I saw the design plan and it's too exaggerated!"

Little Laura is talking about the core of Laura's Flower Manor.

That hillock had been named Smith's Hill by Abel.

According to Abel's request, the future devil in the design world provided him with the first plan.

This plan is to prop up the surrounding area of ​​the hill to form a flat-top design.

According to this design plan, it is expected that 180,000 tons of steel bars, about 1 million tons of cement, and at least 750,000 cubic meters of concrete will be used. There will also be various astronomical amounts of building materials.

The sum of these materials is more exaggerated than building several skyscrapers in New York.
To be continued...
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