1929 I am a chaebol in the United States

Chapter 215: Investing in the Yankees

After Duncan introduced his table to Morey, he asked the waiter to bring a glass of wine.

Duncan asked Morey:

"Mr. Morey, how is the team this year? Can we win the championship?"

Morey said: "The team is OK, the players are in good shape. As for whether we can win the championship, it depends on the performance of the players in the game."

Duncan continued to ask: "What about the club? The economic environment is so bad this year. Are there many people coming to watch the game? Can the club's income sustain the team's operation?"

Morey sighed and said, "Alas, this year, since everyone has no income, I can only lower the ticket price, but the number of people watching is nearly 30% less than a few years ago. The income is also reduced by 30% to 40%. In order to keep the team running, several players took the initiative to reduce their salaries. This is how the team has barely survived until now. Next, the team may face layoffs or selling players."

Lu Chen felt that in the current economic environment, people couldn't even get enough food to eat, so how could they have any extra money to watch the game? It was already very good that he could maintain the team in such a difficult situation.

At this time, Duncan smiled and said to Morey: "Uncle Morey, since the team is in such a difficult situation, do you have any idea to introduce funds from outside to help you share some of the pressure?"

Morey smiled and said to Duncan, "Duncan, I think you should just forget it. Your own shipyard is in a bad situation too. You should stop burdening yourself. I can still afford the team by myself. At worst, I can sell my shipping company."

Duncan quickly waved his hand and said, "I'm not talking about me."

Then he pointed at Lu Chen and said, "I'm talking about Lu Chen. If you're willing to let people invest, Lu Chen is a good choice."

Lu Chen looked at Duncan in surprise. He quickly said to Duncan:

"Brother Duncan, please don't give Uncle Morey any advice. I never said I wanted to invest in the team."

Duncan smiled and said, "Brother Lu Chen, please help the Yankees. If we can help the Yankees survive this crisis, we fans will definitely be grateful to you."

When Morey heard Duncan mention Lu Chen, his eyes lit up. Everyone knew that Lu Chen had made a huge fortune in the stock market. It was indeed a good idea to find Lu Chen to invest.

Morey smiled and said, "If Mr. Lu wants to invest in our Yankees, I am willing to give out 40% of the shares."

Lu Chen didn't expect that Morey actually listened to Duncan's words. He actually wanted to sell him shares. Lu Chen immediately fell silent. He had wanted to organize a basketball game before. But he had never worked in sports and had no connections in this circle. If he wanted to do it, it would definitely cost a lot. It might not even work.

Morey is the owner of the Yankees and is a member of the sports circle. If he can help, this basketball game should be easier to succeed than if he does it alone.

After thinking it over carefully, he said, "If Uncle Morey really agrees, I can buy shares in the Yankees."

When Morey heard that Lu Chen was willing to invest, he immediately said happily: "I agree, I definitely agree. As long as the Yankees can get through this difficult time, I'm willing to sell all my shares to you."

Lu Chen waved his hand and said, "No, I'm a complete layman when it comes to baseball. If my girlfriend didn't like watching baseball, I probably wouldn't know what a baseball game is. If I were to manage this team, it would probably be disbanded in no time."

Morey looked at Evelin in surprise. He originally thought that Lu Chen was also a baseball fan, but he didn't expect that he came to watch the game because of his girlfriend. Morey smiled and said:

"Mr. Lu, you are too modest. Even if you don't understand baseball, there are other people who do. You can just hire someone to help you manage the team."

Lu Chen glanced at Morey. He felt that Morey wanted to sell the team. Didn't he just say that he would sell the company but still keep the team going? Lu Chen was definitely unwilling to buy a baseball team that he was not familiar with. Lu Chen said:

"Mr. Morey, I don't know much about sports, so this time the most I can do is form a joint venture with you. I will only buy 20% to 40% of the shares at most. Any more is not in my plan."

Morey thought for a moment and said, "Okay, that's it. I'll sell you 40% of the Yankees."

Lu Chen said, "Okay, after the holiday, I'll have my company's team talk to you in detail."

Seeing that Lu Chen agreed to join the Yankees, Duncan was also very happy. He said to Lu Chen:

"Brother Lu Chen, thank you again. You really helped us fans a lot this time."

After that, Duncan stood up, ran to the singer, and grabbed the microphone. He held the microphone and said to the fans in the bar:

"Brothers, I have good news for you. Uncle Morey just now found a powerful shareholder for the Yankees. Now the Yankees don't have to worry about funding anymore."

Then he pointed at Lu Chen and said:

"The new shareholder is him, the boss of Lu's company, Mr. Lu Chen."

All the fans in the bar looked at Lu Chen in an instant, which caught Lu Chen off guard. He stood up and wanted to say hello to the fans. But Duncan started talking again. He said:

"Brother Lu Chen, you are a very good singer. To celebrate your becoming a shareholder of the Yankees today, and to celebrate the Yankees' victory in today's game, why don't you come on stage and sing a song?"

When they heard that Lu Chen was asked to sing, the fans below started to make a fuss and asked Lu Chen to sing.

Evelin also became excited at this time, and he said coquettishly beside Lu Chen:

"My dear, please go up and sing a song. I haven't heard you sing for a long time."

Seeing that Lu Chen was still sitting there, she immediately used her ultimate move and whispered in Lu Chen's ear:

"As long as you go up and sing, you can go back tonight and sing in any pose you want."

Hearing Evelin's words, Lu Chen couldn't sit still anymore. He said to Evelin:

"Do you mean what you said?"

Evelin nodded and said, “It counts.”

After getting Evelyn's confirmation, Lu Chen stood up and walked towards Duncan without saying a word.

Lu Chen took the microphone, looked at the fans below, and thought about what song he should sing. After thinking for a long time, he remembered a song that was both nice and in line with the current situation. So he said to the fans below:

"To celebrate the Yankees' victory today, I will sing "We are the champions."