<h2 ss="wp-block-heading">The Amazing son inw Chapter 3766</h2>
“That’s right,” Charlie remarked with a sneer. “To put it inly, I’m looking to seize this opportunity to weaken the influence of these vassal princes. This will make their lives quite miserable in the future, while we are just beginning to enjoy the good days ahead!”
As Charlie approached Yeling Mountain, Abbas’s men had already managed to collect over 200 billion yuan in cash from more than 700 branches of the Wade Family.
However, this amount represents only one-fifth of the total assets held by the Wade Family’s coteral branches.
Statistics indicate that thebined assets of all Wade Family branches reach nearly one trillion yuan.
Consequently, virtually all branches have exhausted their cash reserves, yet they still owe at least 30% of their personal assets to Wanlongdian.<h3 style="background-color:DodgerBlue">
At a loss for what to do with the remaining bnce, Abbas, having received Charlie’s orders, stated, “It seems you still have a significant cash shortfall. What are your ns for settling the remainder?”
A heavy silence fell over the group.
No one dared to respond, as they all understood that the only remaining option was to liquidate assets to raise funds for survival.<fn0ae3> The source of th?s content is find?novel</fn0ae3>
While selling assets might sound straightforward, it is actually the least efficient method.
This inefficiency stems from the fact that selling all assets necessitates reducing their value significantly to facilitate quick sales.
For example, a property valued at 10 million may take a month to sell for that amount, but to sell it in just one day, the price would need to be shed to 9 million, or even as low as 8 million.
While assets can be discounted, debts remain unchanged; therefore, losses could exceed 50% of the original value!
Moreover, divesting assets poses a severe risk of undermining their existing ie structure.
Take Tianxiao, for instance. He operates a well-known building materialspany in China, primarily supplying materials for the Wade Family’s real estate projects and production sites nationwide.
With the backing of the Wade Family, hispany boasts annual sales exceeding 10 billion yuan and profits of over 1 billion yuan, making it a true golden goose.
However, if he ispelled to sell, not only will the sale price be drastically reduced, but Tianxiao would also lose his primary source of ie, effectively killing the goose thatys the golden eggs.
The situation for others is not much better; no one can muster enough cash to settle their debts to Wanlongdian, and no one is inclined to sell core assets at a loss.
Understanding their predicament, Abbas noted their anxiety about being forced into asset sales to meetpensation demands. He then offered, “Don’t think I’m leaving you without options. You can repay your debts in installments over one to five years.”
Everyone breathed a sigh of relief at the prospect of installment payments.
This arrangement meant they could retain their assets, generate ie from them, and gradually pay off their debts without inflicting significant damage.
However, no one anticipated Abbas’s follow-up: “But keep in mind, the installment nes at a cost! You will be required to pay six thousandths of the total debt amount as a service fee for each installment!”<h2 ss="wp-block-heading">The Amazing son inw Chapter 3766</h2><h3 ss="has-text-align-center wp-block-heading"><strong></strong>