"That's right." Charlie sneered: "This time, to put it bluntly, I want to take advantage of the opportunity to defeat the power of these vassal princes. In this way, their lives will be very sad in the future, but our good days are just started!"
Just when Charlie was about to arrive at Yeling Mountain, all of Abbas's men had already taken more than 200 billion yuan in cash from the hands of more than 700 branches of the Wade Family.
However, this is only one-fifth of all the net assets of the Wade Family's collateral branch.
According to statistics, the assets of all branches of the Wade Family add up to almost one trillion yuan.
As a result, almost all branches of the Wade Family have already given out all their cash, but they still owe at least 30% of Wanlongdian's personal assets.
Just when these people didn't know what to do with the remaining part, Abbas had received Charlie's instructions and said, "I think you still have a big vacancy in cash. Next, you plan to How to pay for the rest?"
Everyone was suddenly silent.
No one dared to say anything to him, because everyone knew that there was only one way left, and that was to sell assets to raise money to save lives.
Selling assets is easy to say, but it is actually the least cost-effective method.
This is because, as long as all assets are sold, they have to lower their value and make a big discount to be able to sell them quickly.
It may take a month for a property with a market value of 10 million to sell for 10 million, but if you want to realize it in one day, you must at least reduce the price to 900, or even 8 million.
Assets will be discounted, but debts will not, so, in this way, their losses will be far more than 50% of the original!
Moreover, selling assets is even more terrible, it will seriously damage their original income structure.
Take Tianxiao as an example. He has a well-known building materials company in China. Most of the building materials he produces are directly supplied to wade's real estate projects and production bases across the country.
With the help and support of the Wade Family, this company now has annual sales of more than 10 billion yuan and net profit of more than one billion yuan. It can be said that it is a hen that can only lay golden eggs.
However, if he is forced to sell, not only will the price of the asset sale be greatly reduced, but Tianxiao himself will also completely lose this source of revenue, which is tantamount to killing chickens and getting eggs.
The situation of other people is not bad, no one can come up with so much cash to compensate Wanlongdian, and no one wants to sell their core assets at a low price.
Abbas collected the performance of these people, knowing in his heart that what they fear most is to force them to sell their assets to collect enough compensation, so he said: "Don't say I won't leave you a way out. Now, what you owe All funds can be paid in installments over a period of one to five years."
Everyone was relieved when they heard that they could be paid in installments.
Being able to pay in installments means that they don't need to sell their assets, they can use their assets to make money and pay off their debts slowly, so that it won't hurt their muscles and bones.
But no one thought that Abbas immediately said: "However, the installment payment is not free! For each installment, you must pay six thousandths of the total amount as the service fee for the installment payment!"
Comments
The readers' comments on the novel: The Amazing Son in Law The Charismatic Charlie Wade
Why does it take you so long to upload new chapters. You are boring us now...
This story is getting boring,how years or months or days it will take us to finish reading a complete story of amazing son in law ,the charismatic charlie wade,you not encouraging we your followers and fans at all,AV been reading this novel for over 2years now,if you can download the remaining chapters for us,then delete it from net or any social media, you're just wasting our precious time,thanks...
Please our amiable admin kindly download us the remaining chapters,av been reading this novel since 2years plus now,and am still on it and if you want to transform the story into video it will be awesome, please don't keep us waiting us getting longer than I expected,God bless you all...
Pls addmin kindly download the remaining chapters for us, you're keeping us in suspense, av been reading Charlie wade novel getting to two years now, please kindly download the rest chapters for us God bless you, its really a fascinating story 🙏...
This Charlie wade nove has not yet completed, can you please download the rest chapters for me please?...
Thanks for the chapter you have uploaded so far. Can more chapters be uploaded each day? The two chapters are not enough...
Chapter 6672 does not have any text. The person who uploaded must've pasted it incorrectly as the chapter shows only "V"...
Please translate shiwada ten tenthousand or hundred thousand, not ten thousand....
Good job for this and pls can you help us upload more chapters for enjoyment of the story..... Well Done...
UPLOAD MORE THAN 10 CHAPTERS A DAY PLZ...