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Chapter 101 Have You Known Hoffenheim?

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    Under the gaze of everyone, Zhang Xian faced the hearing officers and said slowly:

    "First of all, I would like to ask the hearing officers, what is bad debt?"

    In this regard, the hearing staff all looked at each other, and one of the hearing staff engaged in the financial industry explained;  Take back a small amount of phenomena."

    Zhang Xian smiled in satisfaction and said, "Thank you for your explanation."

    After finishing speaking, he turned to look at Howard, the chief judge, and said, "If this is the definition of bad debts, then I can tell you that Hoffenheim does not have any bad debts!"

    As soon as the voice fell, the audience was in an uproar again.

    Is this breath too loud?

    ? They don't know what to say when they are still so confident with a debt that is 20 times their assets.

    But at this time, Zhang Xian pulled out a data file from the side and said, "This is the financial report of the Hoffenheim Club this year, which contains detailed expenditure and income!"

    When Zhang Xian handed it to the hearing officer in the first row, everyone began to pass it on and read it.

    At this time, Zhang Xian talked eloquently: "Hoffenheim has achieved positive financial growth since last year, and after this year's upgrade, its economic benefits have increased by a full tenfold!"

    After the financial report was circulated in the hands of everyone, it came to the chief examiner Howard.

    Howard glanced at the profit curve, and the exaggerated slope was almost straight to the sky.

    And below it is a full income of 10 million euros.

    This made Howard froze for a moment, took off his glasses, wiped his eyes, and confirmed again.  .

    It is indeed 10 million euros!

    Howard looked up at Zhang Xian with disbelief.

    Zhang Xian smiled and said, "So, everyone is just focusing on Hoffenheim's huge debts, and relying on the preconceived notion that Hoffenheim is a sixth-tier team, you think they are poor!"

    "But the answer is on the contrary. Hoffenheim is fully capable of repaying the debt this time, which is one of the reasons why the bank is willing to lend us money."

    "Let me do the math for everyone. Hoffenheim's home stadium has already moved 5,000 seats after undergoing expansion, and our recent attendance rate has stabilized at around 4,000. We divide the seats into two levels, with 30 seats respectively.  On the basis of sales of €15 and €15, we can make €1.5 million in home games a season."

    "Gentlemen and ladies! Hoffenheim's football market is much hotter than you imagined!"

    "In addition to home revenue, our jersey sales can also stabilize at 1 million euros a season."

    "At the same time, with the unique environment in the Sinsheim area, Hoffenheim can benefit more commercially."

    "We sold ten home advertising spaces last season, and the transaction price of each advertising space was 200,000 to 300,000 Euros, which is close to 3 million Euros in revenue."

    "And the logo of the jersey was also sold at a price of 4 million euros and 800,000 euros respectively, and the home naming fee was also won by Haas Meat Federation at a high price."

    "Counting these, Hoffenheim's annual net income exceeds 10 million euros."

    "These evidences all show that Hoffenheim is a good elite team with sufficient commercial value!"

    Having said so much, Zhang Xian was able to breathe a sigh of relief. He turned to Howard and said, "Dear judge, may I ask whether Hoffenheim is qualified to repay the loan?"

    Howard looked at the financial report in a daze.

    It's like hell.

    Which small team makes so much money, it is almost catching up with the teams in the third division of the Bundesliga.

    Of course, he also suspected Zhang Xian's financial fraud, but Zhang Xian immediately took out the certificates of various income.

    At the same time, he took out the bank account statement and deposit report.

    The report said lending banks promoted Hoffenheim as a premium client, with the ability to secure more loans.

    This time, Howard and the other witnesses were silent.

    This is outrageous!

    Which small team can make so much money!

    After a while, Howard sighed and said, "Congratulations, Mr. Director, you have proved that you have the qualifications to repay the loan."

    As soon as the words fell, Zhang Xian felt relieved.

    He was afraid that Howard would make something wrong, saying that the Football Association did not recognize a debt that was 20 times his own.

    But Howard is better than himTurning to Zhang Xian, he said, "Mr. Director, your eloquence has won you the support of many hearing personnel, but I hope that Hoffenheim will never be eroded by capital and still love football as much as it is now!"

    A smile appeared on the corner of Zhang Xian's mouth, and said, "As you wish!"

    Howard nodded with a smile, and immediately said loudly; "Now I announce that after the hearing, Hoffenheim has sufficient qualifications for repayment, and the Football Association supervises that they must enter qualified stadiums next season."

    After finishing speaking, he turned his head and looked at Michelle, the official representative who had been silent all this time, and said, "Do you have anything else to say?"

    Michelle shook her head with a smile and said, "No more! This is a very fair decision!"

    Howard nodded and said:

    "Now! The hearing is over!"

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