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Chapter 40 The Right Reason

There was no long wait. It was just the third day after the AFC final. At 9:00 am on November 15, the board meeting of Yuchai Group for the fourth quarter was held in the conference room of the headquarters building;

The heads of various departments attended the meeting, and the conference room that could accommodate 30 people was packed.

After a polite process, I quickly entered the theme of the meeting.

The first topic to be discussed was indeed the covetousness of the club's more than 20 million yuan bonus. After Bai Huijun sneered, he shook his head contemptuously.

In the past, when the group made good returns, the employees of various departments had a lot of income, and the club did not have too much bonus income, so naturally no one would care about them.

This year's situation is extraordinary. Not only did the club win the Asian championship, but the high bonus income also made everyone clear through media reports;

Affected by the world financial crisis, production in various departments was very sluggish, which directly caused a decline in efficiency, greatly reduced employee income, and many complaints from everyone;

Under such circumstances, everyone's eyes are focused on the club, and the rumor of the rumor that "100,000 players, 80,000 coaches, and 50,000 staff" has reached a point that seriously affects the enthusiasm of employees.

China is such a society. When there are no worries but uneven things, no money or the same, there will generally not be too big problems;

Once someone gets more cake, the rest begin to get confused, which is what is called "red eye attack".

Those who suddenly began to be jealous of the club's high income, but were unwilling to think that when the team was at a low point in the early years, the team members had no other income except their salaries;

And those jealous people are the ones who received high bonuses but laughed at the team's ignorant of the vastness of the world.

Feng Shui turns around, but I didn’t expect that when the adjustment turns around, these people who have benefited from the most are the ones who jumped the most.

Bai Huijun understands these people's narrow ideas too well and is unwilling to go against everyone's wishes;

I just briefly explained my opinion when I finally expressed my opinion: "The team can have today, which is inseparable from the leaders of our group's Party Committee and the support of the vast number of Yuchai employees. Isn't it hard to get more year-end bonuses to celebrate the New Year?"

"Our team has finally ushered in a harvest moment through years of hard work. Here, we are very willing to share our fruits of victory with everyone."

After pausing to observe the reactions of the participants, he continued to say, "But one thing I must explain is that the team still has many projects to be improved and requires more capital investment. This year the group has given us a funding budget of only 3 million, which is far from meeting the club's current vigorous construction needs."

"More importantly, next year will be the last year of the ten-year long contract signed by our club and the group. According to the contract, after the expiration of the period, our club will no longer receive funding from the group, and all operational investments will be subject to our club."

"Therefore, our club quickly held a meeting after the AFC Champions League final, and was determined to make good use of this bonus to ensure that our club can develop better after its independent operation."

As soon as Bai Huijun finished speaking, someone immediately refuted: "Mr. Bai, you don't have to cry here and have no need to cry poor. We all know the situation of the team. As a member of the group, we should have advanced and retreated together. Now our benefits are not good. Even if your club has made a lot of money, you are hoping to get some year-end bonuses. It's not your life. Why do you have to do this?"

The person who made a statement was a deputy general named Zhou, who was mainly responsible for the special purpose vehicle business. His straightforward words also represented the voice of everyone.

"Vice President Zhou, I'm not crying for poverty, but explaining the specific situation. I don't oppose the group's allocation of some bonuses. I just want to tell everyone that the team's operations are not equivalent to production companies, and their inputs and outputs are very disproportionate;"

"We have tightened our belts for so many years and finally lived a little better life this year. We must be more aware of being prepared for danger in times of peace, be prepared for the future, and think longer-term."

Bai Huijun just wanted to express that this bonus was not too much to be handled at will;

But to outsiders, it has a different meaning. After hearing him say it, another person soon came out to respond: "We don't understand the things in football, and we don't want to understand it. It's enough to have your words that agree to the bonus distribution."

Without speculation, Bai Huijun didn't want to argue about this issue with these short-sighted people. He did not speak out again, but lowered his head and wrote words on his notebook.

Huang Sanping, chairman of the group, came out to smooth things out: "Everyone has heard that Comrade Huijun is still very wise, so everyone no longer has to worry about the year-end bonus. Go back and tell the employees of their department to focus on the current production work. The group will also think about what everyone thinks and is anxious about what everyone is anxious about. They will allocate funds to increase their income and strive to make everyone have a good year."

He looked at Bai Huijun who was a little sulky, "What Huijun said just now is very reasonable. It is really not easy for the football team to develop to this day. They still need to invest more. Everyone is a part of the group. You must understand each other and support them more."

The method of slapping and giving a candy in this way finally achieved the effect of satisfying all parties, and the meeting continued to move to the next topic.

This question, which was mentioned in Bai Huijun's words just now, was about the contract between the group and the club.

The original intention of the group to invest in the establishment of a football club is to put the club on track as soon as possible, and then leave and let it fend for itself;

After all, football is a money-burning sport. It is difficult to play in the small city of Yucheng, and it is destined to be a money-lossing thing.

However, with the team's success in the AFC Champions League, the group saw the huge value behind the club, and the senior management changed their initial ideas;

I don’t sit idly by and watch this big fat meat go independent from the group, and I don’t even want to give up the naming right;

After all, it is the only Chinese Super League team in Guangxi, and now it is the first team in China to reach the top of Asia. Its value is no longer the same as before;

To put it bluntly, the group just wants to resign and take back the promise made in the early days of the team building to "leave it alone in ten years."

During the discussion, Bai Huijun understood that this was the meaning of the upper class and did not have much room for negotiation;

He did not express much objection to this, but only put forward two personal opinions: one is that the annual allocation shall not be less than 5 million yuan, and the other is that the contract period shall be reduced to six years until 2015.

Bai Huijun carefully explained his reasons: "The club has achieved certain results in commercial development today. Ticket revenue, commodity sales, sponsorship, etc. account for half of the total revenue, and can basically get rid of the situation of relying on the group's blood transfusion. The group's annual allocation is actually to purchase the team's naming rights. Compared with the investment of top tier cities such as Beijing, Shanghai and Guangzhou, 5 million is already quite cost-effective and is also a basic bottom line that is hard to maintain."

As for changing the ten-year term to six years, he explained as follows: "In Europe, corporate names are not allowed in club names, and this will also be an inevitable measure for football clubs to decommercialize in the future. For specific reference, you can refer to the Japanese J League, which is well-made in the neutral name of the team. At ten years or five years later, I think the country will keep up with this trend."

"The so-called neutral team name is not to not have sponsors, but to emphasize the role of the team's independent operation, and to focus more energy on its own business development, and to truly enter a healthy and virtuous cycle of development. The team has always been a part of the group. We do not mean to be a rebellious boy, but to further reduce the burden on the group and create more brilliant results with the efforts of the club."

In fact, whether it is ten years or six years, these are behaviors that are considered in the long run, and they must be based on the fact that the team can continue to operate;

If the team suddenly cannot continue to operate, it will be meaningless. Bai Huijun's words are reasonable;

He also pointed out this truth deeply. When everyone understood it, they naturally would not object.
Chapter completed!
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