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Chapter 102 Transfer Gate Incident

Moji, who had been in Florence for many days, had a somewhat "deep bitterness and deep hatred" expression at this time, but his "hardness" was not entirely harmed by Zhuang Mingge. More than half a month ago, when the two sides reached a transfer of Baggio, the 9.585 billion lira that Florence had taken out could still be exchanged for US$9 million. However, after experiencing this sharp depreciation, these liras can not even be exchanged for US$6 million. The depreciation of the Italian lira this month is so large and the depreciation speed has made Moji, who has been smooth sailing since he became the chairman of the Juventus club, a little dumbfounded.

Of course, the old fox Mo knew that it would be a matter of time before the Italian government was tortured and depreciated by them, but he never expected that the Italian lira would depreciate by 60% in just a few days.

Although the loss of more than 3 million US dollars is nothing to Juventus, which has supported the Agnelli family, the current business model of Juventus and Fiorentina is not the same. Since Gilaudo took office, he has been trying to achieve balance of income and expenditure so that Juventus can bear its own profits and losses. Mo Lao Fox is the general manager of Juventus club, so he naturally has to be responsible for various financial problems.

Therefore, when Moji, who has always been known for his careful calculations, still felt a pain when facing such a loss of millions of dollars.

Of course, the loss that caused Mo Lao Fox to hurt cannot be completely attributed to Zhuang Mingge.

After communicating with Moji, Zhuang Mingge realized that Mo's old fox not only forgot to add a currency preservation clause to the agreement signed by both parties at that time, but then he made the second major mistake: As one of the managers recognized as the best financial management in the Serie A league in later generations, Moji did not expect to go to the futures market to conduct a hedging procedure, which reduced Zhuang Mingge's awe and evaluation of the old fox a lot.

Here are some currency preservation terms and hedging:

ExchangeRate

ProvisoClause is a common method to prevent exchange rate risks. That is, during transaction negotiations, the two parties negotiate to add appropriate preservation clauses to the contract (often in long-term contracts) to prevent the risk of changing exchange rates. The contract stipulates the price ratio between a (or a group of) preservation currencies and the national currency. If the exchange rate changes more than a certain range during payment, it will be adjusted according to the original exchange rate to achieve the purpose of preservation.

Hedging refers to trading activities that use the futures market as a place to transfer price risks, use futures contracts as temporary substitutes for buying and selling goods in the spot market in the future, and sell goods after they are buying now, or insure the price of goods they need to buy in the future.

Here, it mainly refers to hedging the Italian lira as a commodity to avoid fluctuations in the exchange rate against the US dollar at the end of the season and causing unnecessary losses. In other words, buying hedging avoids the risk of price changes in spot markets.

I knew that Old Fox Mo could not come to him for such a big deal, so after some greetings, Zhuang Mingge sat on a chair and waited for the other party to tell the main purpose of coming to Florence this time.

After a painless "complaint", Old Fox Mo, who is good at observing words and expressions, looked at Zhuang Mingge who was drinking black tea and said the "real purpose" of this trip:

"Chairman Corleone, I'm here in Fiorentina this time, mainly for the sake of a player."

"Oh? I don't know which player in our team, Manager Moji, you fell in love with? Is it Inzagi or Dibiagio?" Zhuang Mingge raised his eyebrows and said a little badly. "It seems that Mr. Moji is very passionate about the players in Fiorentina."

"No, you misunderstood by Chairman Corleone." Moji saw Zhuang Mingge a little angry and quickly shook his hand and signaled, "I didn't come for the Fiorentine player, but a player under your company."

"What?" Zhuang Mingge thought he had heard it wrong. When did he directly take charge of other teams besides Fiorentina?

"It's that GM brokerage company, Chairman Corleon, aren't you the chairman of that company?"

Well, this seems to be true... Could it be that Moji has fallen in love with a player under the agency?

This is not right. The Boseman bill has not been implemented yet. If you have any questions, just go to the club’s senior management. Does Moji need to follow the agent line?

"So which player's agent do you like, Manager Moji?" Zhuang Mingge, who couldn't figure it out, just feel that it's better to satisfy his curiosity.

"Luis Figo." Moji hesitated for a moment, and finally answered Zhuang Mingge's question honestly.

"..." When did Figo join the agency? Why didn't I know!

...

Twenty minutes later, Mo Ji, who received a satisfactory reply, left Zhuang Mingge's office with a spring breeze on his face.

"Tony, is this really OK? I just gave Figo to Juventus." Although Karin would not object to Zhuang Mingge's approach, she still raised her own doubts.

"Haha, Karin, you said, why do Moji look for Figo's agent now? According to UEFA's transfer system, he can completely buy the ownership of Figo by spending money from Sporting Lisbon."

"this……"

At that time, after hearing Moji's request, Zhuang Mingge's brain began to run rapidly, recalling what happened to Figo...

By the way, it was the legend that eventually led Barcelona to unexpectedly get the transfer incident from the Portuguese superstar!

Figo, who had played for many years at Sporting Lisbon, finally became a faint glowing diamond, showing strong potential in both European and league games.

Just at this time, José Vega became Figo's new agent (under the influence of Zhuang Mingge's butterfly effect, this gentleman also joined the GM agency company). The young agent is very smart and capable, and has an extraordinary vision. He understands that the contract treatment given to Figo by Sporting Lisbon is far lower than that of Figo's actual value, so he asked the Sporting Lisbon Club to double the salary of Figo, and Singera, the owner of Sporting Lisbon Club, was unwilling to take out the money.

Serie A giant Juventus took this opportunity to come to Lisbon to negotiate a transfer for Figo. When Figo heard the news, he was so excited that he knew his value for the first time. He said in an interview a long time later: "I was so flattered by Juventus's desire to get me, so I signed a letter of intent, which did not require a formal signing time limit. However, Chairman Sintra does not like players as young as me to compete with him. There were many rumors in the media. Later, it was discovered that in order to get me, Juventus privately agreed to pay Sporting Lisbon millions of dollars in transfer fees, but the chairman hid it from me."

At that time, Benfica, Paris Saint-Germain, Monaco and other teams also joined the bid for Figo, but another team in Serie A, Parma, came first. General manager Partolelo personally found Figo, not only giving out attractive economic conditions, but also ensuring Figo's chances of playing and the club's plan to win the championship. Figo signed a formal contract without saying a word. He believed that the signing of Juventus was only a letter of intent and was not legally binding.

This happened in December 1994. After learning about this, local media began to call Figo a "traitor to Sporting Lisbon". After Figo announced the incident, he was besieged by more than 20 fans when he went out and smashed his Honda car.

The Zebra Legion did not stand idly by. They first offered the same conditions as Parma, but Figo refused, so Juventus submitted the letter of intent to the Italian Football Association, and at the same time the contract between Parma and Figo was also delivered.

The Italian Football Association believes Figo should be punished and made a verdict: Figo is prohibited from joining any Italian club within two years.

Judging from Moji's attitude, Figo should not be banned from landing in Italy, and Juventus is still in the stage of emergency communication with Figo.

However, to be honest, Zhuang Mingge did not want to help him escape this trouble. After all, there were too many things in Figo's career because of transfers. For example, when Figo transferred to Real Madrid, there were also a lot of trouble.

PS1: "Additional updates and completion plan" Chapter 14
Chapter completed!
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