Chapter 340 Club ≈ Chinese School
Governor Trench was naturally very happy and expressed his willingness to support a wave of low-priced land for the purpose of building a stadium and doing charity work.

We will arrange for someone to discuss the details with Wang Yuanchao.

This is a real surprise.

Hong Kong’s football culture is actually quite good. In 56, they hosted the first Asian Cup and even won the third place in the Asian Cup!

So there are many football coaches in Hong Kong.

For example, Zeng Zhiwei, the youngest son of Zeng Qirong, the top henchman of Wang Yuanchao, is a good football player. He even represented Hong Kong and went to South Korea to play in a match.

In the past, it was very far away for ordinary children to play football. After all, how could they play football if they didn’t even have enough food to eat?

But now, with the four clubs sponsored by Wang Yuanchao, they recruit ordinary children over the age of 6 and provide free admission and training in three-year stages. Those with talent (whether it is academic talent or football talent) can continue to advance to the next level of training.

The establishment of four clubs also requires competition among the clubs. Don’t think that you can make money easily just because you have sponsorship from a big boss. You need to compare with each other!
Everything is afraid of comparison, whether it is students, coaches or club management.

At the beginning, the foundation provides the same support to everyone, but later on, there will definitely be gaps and even personnel adjustments.

The football school implements bilingual teaching, Mandarin and English.

Mandarin is to remind everyone of their roots, and English is enough for simple communication. After all, Wang Yuanchao still hopes that everyone can go international in the future. Also, we have to learn English to show off to the authorities!

Children without talent will study for three years and if their talent is not enough to be promoted to the next level, they will be dismissed for failing to meet academic standards.

Wang Yuanchao paid for three years of compulsory education, which was already a great mercy.

The stadiums of the four football clubs are all in relatively remote locations. After all, it is impossible for the authorities to find a good place for them.

For example, the club in Hong Kong Island is located near Wong Chuk Hang; the club in East Kowloon is located near Clear Water Bay, not far from the Shaw Studios; the one in West Kowloon is in Kwai Chung; even the largest club in the New Territories is located in Tai Po, not Yuen Long.

Although it is a bit remote, it is cheap and the place is relatively large. It is more than enough to build a standard football field, viewing platform, training classrooms, dormitories, offices, etc.

When land in Hong Kong becomes extremely valuable in the future, these places will become even more precious.

With the year-end earnings of the sales agency as collateral, Hang Seng Bank even provided an interest-free loan for the construction of four clubs.

This money has no risk and can also increase your favorability.

Each club has an age group of 6-8 years old, 9-11 years old, 12-14 years old, and 15-17 years old. Each age group recruits students in the ratio of 400, 200, 100, and 50. Basically, half of the students will be eliminated at one stage.

Four clubs equal 3000 students.

There are football teachers, Chinese teachers, English teachers, life teachers, and so many teachers of various subjects. It is basically a miniature school.

All students are boarders. The school provides food and accommodation, as well as clothes, shoes and socks. The conditions are really good.

What about those over 18 years old?
The 18-20 year olds are the youth team, which consists of about 25 people. They are considered the second team of the adult team and are substitutes.

Above them are the official teams of each club. In addition to training and competition, they also have to study and teach children, making sure to make the best use of each person.

The competition for the first batch of admissions was extremely fierce. If nothing else, even the three years of food, clothing, shelter and shelter made many parents fight tooth and nail.

Compulsory education was not yet universal in Hong Kong at that time, so the club provided a way out for poor citizens.

Throughout the summer, the four clubs were busy recruiting students.

Following the instructions of their bosses, newspapers and radio stations sang praises of the governor, while Wang Yuanchao shrank back. Ordinary people only knew that there was a Ms. Chen Xueru who appeared out of nowhere and had become very popular in the past two months.

But in the eyes of those in the know, Chen Xueru is also Wang Yuanchao's cousin who came from the mainland, so it is only natural.

At the semi-annual budget meeting, all conventional companies, from manufacturing companies such as Deep Blue and Blizzard, to media companies such as Commercial Radio and Newspaper, to the film industry such as Starlight Pictures, Starlight Cinemas, and Cathay Cinemas, all showed better-than-expected development momentum.

Shenlan's research and development of electric motors has been very successful, and its washing machines and air conditioners have begun production. Washing machines are mainly exported, and air conditioners are not only exported to Southeast Asia, but also have considerable consumption in Hong Kong.

In fact, the quality of air conditioners in Japan is better, but the people of Southeast Asia were deeply ravaged by Japan at that time, and their national sentiments cannot accept it. Hong Kong was also ravaged by Japan, and it is a country in the John Federation, so the trade advantage is very obvious.

So Deep Blue requested to expand its product line, which required more factories and workers.

An enterprise of Shenlan's size can directly borrow from banks based on orders without affecting its cash flow earnings. Wang Yuanchao wants to use this part to invest in real estate, but now he wants to get a mortgage loan from a bank, which is very difficult.

He still had to set up his own bank, otherwise it would be too painful to watch the money go by without making any money. Since Wang Yuanchao didn't have to pay, he happily agreed.

Not to mention Blizzard, the order with Hasbro is very secure.

They plan to continue looking for orders in Europe in the second half of the year. Wang Yuanchao suggested that they manufacture a batch of Disney toys. When he goes to the United States, they can go to Disney headquarters to do public relations. Disney will not reject a product that is of good quality and low price, right?

Commercial Radio has successfully expanded and now has two channels, and advertising revenue has also increased rapidly.

In addition to the main music, Channel 2 also launched popular Mandarin programs during non-popular hours in the middle of the night according to Wang Yuanchao's request.

Because Commercial Radio had also set up a new singer agency department, Wang Yuanchao asked them to speed up the acquisition of Diamond Records.

Diamond Records was established in the 50s with investment from Portuguese capital. It initially represented European and American music, and began producing local music in the 60s. It has produced records of Mandarin pop songs, Cantonese pop songs, Cantonese operas, foreign pop songs and rock music. In the late 60s, it became a leading force in the Hong Kong band craze.

Later it was acquired by PolyGram, so since PolyGram could acquire it, why couldn't Wang Yuanchao?
He has also opened up the music industry in the United States, and he is also quite influential in Hong Kong, both overtly and covertly.

If a Portuguese refuses to accept a toast, he doesn't mind drinking three glasses of wine as a punishment.

The revenue and influence of music are enormous, and he can't just give it up to others.

The newspaper has been performing as steadily as ever. The Deer and the Cauldron has not even been completed yet, but they have already started planning a martial arts novel writing competition with generous prize money, trying to attract excellent works.

In addition, because of the May 513 Incident in Malaya, newspapers began to send reporters abroad to expand international news. They didn't necessarily have to interview anything, but telegraphing news from other countries back was also news.

In addition, the International Film magazine was incorporated into Phoenix Newspapers, so they could compile all kinds of movie star gossip for Phoenix Daily. In addition, Wang Yuanchao also established a bridgehead in the United States, and they would also send reporters to Los Angeles and New York to serve both magazines and newspapers.

As for Starlight Pictures, it has shot 17 films in just four months, with more than four films released almost every month. However, there are currently no particularly outstanding works.

Their films will first be shown in Cathay Cinemas for three days to see the box office performance of each film and decide whether to continue showing them.

In other words, in this area, each movie speaks for itself based on its own performance.

Then Starlight Cinemas will spend a sum of money to buy out the film for release, and the box office of Starlight Cinemas will be based on Cathay Pacific's box office, allowing various associations to book out the theaters, thereby inflating the proportion and laundering money.

This part of the box office is from Starlight Cinemas, which has nothing to do with the production company and the production company, and the box office will not be reported in the newspaper. With so many movies, there is enough money to launder.

Starlight Pictures' own films basically break even and make no profit. Starlight Pictures basically relies on the production fees from those "unknown" film companies to make a profit.

The situation of the “unknown” film companies is even worse. As producers, they have no income and have lost all their money, but they still continue to make movies. At most, they just change the company name.

No one knows what the trick is. Wang Danfeng, who is taken care of by her son-in-law, will naturally keep her mouth shut. Otherwise, why would she be in charge of financial work?

Anyway, we are using other people's money to train our own soldiers, so what else is there to complain about?
These are all well-behaved industries.

What about unconventional industries?

There are also.

The flu in Hong Kong has finally come to an end. Wang Yuanchao gave Bao'antang a half-month holiday. They basically didn't make much money, at least not as much as the mask factory.

Because they want to develop medicinal materials! Even developing Chinese medicine reagents requires a lot of investment. And because they are Chinese medicinal materials, Wang Yuanchao's lottery foundation is not even convenient to donate to them.

The mask factory is currently under the umbrella of Bao'antang. When the weather gets hot and the flu is over, its business plummets. Fortunately, some of the channels it opened up before are still there, and it can still supply masks to hospitals. It does not seek to make money, but to support itself. If the weather turns cooler, it is estimated that business will be better. At least the residual power of this wave of flu will be effective for several years.

One of the other cooperative enterprises is Victoria Women's Wear.

This is an industry led by Zhou Qibang and his wife. The couple has no intention of expanding and currently only has three stores.

It is mainly used to serve the couple, and to take on some high-end business for the Hong Kong middle class. Because Wang Yuanchao and Lydia Lo are also shareholders, they like to sponsor fashion movies and magazine models, which is a disguised form of advertising.

It has a good reputation, but compared with Wang Yuanchao’s other industries, it is really not profitable.

The second is Hong Kong Communications, a business jointly developed by Ho Sau-chi and Tang Siu-kin. It is currently very popular in Hong Kong's upper class society. Many Johns, Jockey Club members, and wealthy Chinese like to have such a little gadget. If someone looks for it, the little gadget will beep, giving them face in front of the crowd!

But the machine is not cheap, it is imported from the United States. The monthly fee is not bad, about the same as cable TV.

(End of this chapter)