The Olympic Games had sponsors for a long time, including top sponsors like Coca-Cola, and the official sponsors and suppliers of the China Olympic Games. Under normal circumstances, the official suppliers are also the official sponsors. There was also a type of partner, which had the same meaning.
Hua Xia is a country with a low per capita income, and it is one of the backward countries in the past. The recently concluded Sydney Olympics is a good example for China. Hosting the Olympic Games can gain good reputation and make money at the same time.
The simplest way is to run the Olympic Games under the coordination of the government. Businessmen must be involved in this. Hua Xia plans to invest more funds than all the previous Olympic Games combined. Hua Xia can afford to invest so much as Hua Xia's income is quite high. But if they invest in Beijing, the other provinces will have issues with them. They cannot invest all their money in Beijing.
Hence, this year's Awe Society thought of a solution, which was to get sponsors. They were frantically trying to get sponsors.
Almost all the state-owned enterprises in China had donated money to the Olympic Games. Some tycoons from Hong Kong and Macau also donated a lot. Of course, China had to make some sacrifices for them. For example, they will give them tax breaks in the future.
This can be seen as the government getting loans from companies and individuals and using taxes to repay the loans. Of course, those companies and individuals will get a good reputation, and they cannot collect interest from them.
As the top tycoon in Hua Xia and Asia, they had wanted to contact Feng Yu a long time ago to donate. But Taihua Holdings had donated a lot, and they were too embarrassed to contact Feng Yu.
This time, Zhao Yan spoke to Feng Yu at the right time.
"Donation? Did Taihua Holdings donate anything?" Feng Yu remembered Zong Qingxian had told him to donate immediately.
"Huh … I had donated. But I am still under a lot of pressure. That's why I hope Manager Feng can donate a little more. "Zhao Yan was embarrassed. He felt embarrassed to ask someone to donate a second time.
"How about this? We have official suppliers for the Olympic Games. We will donate more, and you can designate us as your official supplier."
Official suppliers can print the logo of the Olympic Games on their products. This is one of the best advertisements during the Olympic Games. After all, the Olympic Games is a global event.
"How much is a little more?" Zhao Yan asked.
Feng Yu laughed and looked at Zhao Yan: "Zhao Juzhang, I will discuss this with Zong Qingxian and give you an answer. But don't worry, I will not shirk my responsibility to contribute to the country's sports construction! "
Zhao Yan is overjoyed. "I represent the Aowei Club to thank General Manager Feng for your generosity."
…
"Zong, how much did Taihua Holdings donate to the Olympic Games? We're number one? One billion RMB? "
Logically speaking, this donation should be the first among all the corporate sponsors of the Olympic Games. No company has ever donated more than 100 million USD in any of the previous Olympic Games.
Feng Yu remembers in his previous life, Hua Xia and the rest of the tycoons from Hong Kong and Macau had only donated 80 million USD. They had accumulated tens of billions of USD.
In Feng Yu's previous life, how much did Hua Xia donate for this Olympic Games? More than 50 billion USD. Hua Xia's government had invested 42 billion USD, and it will exceed 1 billion USD in the end. After the Olympic Games, the total value of those stadiums will be more than 45 billion USD. The government will not suffer any losses from this.
Also, just the infrastructure in Beijing, including the airport, roads, subways, etc. will cost more than 30 billion USD. These are all investments that will benefit Beijing and Hua Xia in the future. Actually, even if the Olympic Games are not held, the government will still invest. But it will not be a one-time investment.
Feng Yu's investments in Wind & Rain Consulting's Gold Futures are making high profits every week. The IT-related industries Feng Yu had invested in in the US are doing well. Now, Feng Yu can count his money and ensure his assets will not be surpassed by others.
Hua Xia wants to hold an Olympic Games. One reason is to show Hua Xia's strength to other countries and let them see that Hua Xia is rising. This will increase Hua Xia's influence on the international stage. Another reason is Hua Xia's pride. Other countries' Olympic Games always have many problems. If we are the ones holding the Olympic Games, it will not be like this.
This time, when it is their turn to hold the Olympic Games, they realized that they need to spend a lot of money to make the Olympic Games satisfied. Of course, the money spent will not be in vain. They can earn back the money in many ways, and it will bring in more economic benefits in the future.
Just the tourism industry will bring in a lot of profits, let alone other areas.
"Zong, look at the subsidiaries. How much can they fork out? It is not now. They can fork out a little every year. We must raise the sponsorship fees for this year's Olympic Games to a higher level!"
The TOP sponsors didn't sponsor the most, but they managed to get the most screen time. This was all because of the International Awe Club.
Feng Yu can't do anything about this as it is all because of the contracts they had signed. But Feng Yu wants to slap the Olympic Games in the face. Those TOP sponsors had only forked out so little money, and they still want so much screen time? Look at how we are sponsoring the Olympic Games. What you are sponsoring is only a fraction!
"General Manager Feng, how much are you going to donate?"
"Prepare 100 million USD for all brands. If it is not enough, prepare to raise more. Personally, I will donate more and spread the news. I will let the Orwell Club know that their sponsors are too stingy! "
Zong Qingxian is speechless. Feng Yu's move will surely incur the hatred of the Olympic Games. But this is satisfying. The Olympic Games will not interfere too much.
Actually, many people are unhappy with the Olympic Games. After all, their annual income is very high, and the average salary of their employees is the highest in the world. If converted to RMB, their average salary is more than 1 million RMB. Even the most ordinary employee's salary is more than 500,000 RMB, and their jobs are not that difficult.
Of course, 90% of the TOP sponsorship and broadcasting fees must be paid to the host country's Olympic Committee. That's why the higher the TOP sponsorship, the more Hua Xia will get.
If the TOP sponsorship is not as good as Hua Xia's official sponsorship, the Olympic Games will be disgraced, and Hua Xia's Olympic Committee can protest.
"General Manager Feng, are you sure you want to do this?"
"Why can't I? Do I still need to get their approval to donate? "Feng Yu hates this kind of people. You cannot donate more than your leaders. Furthermore, Feng Yu doesn't think the Olympic Games can lead him!
"Fine. This should not be a problem. But we must get back all the sponsorship contracts." Zong Qingxian has to consider the interests of all the companies. Not everyone is like Feng Yu and doesn't care about money.
"No problem. The more we donate, the more money we can save for the country. If those foreigners can't afford to sponsor us, just give up. "
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