Boss Li: Buy Two Clubs First!
Redakteur: Atlas Studios
November 1st, Tuesday…
Zhang Yuan did not supervise the training of the players of the DGE Club today. Instead, he was busy doing things that Boss Pei tasked him to do.
The legal department was taking the time to draft out the contract, to be signed with the clubs.
There would be no retreat for either party once the contract was signed.
Tengda must give these clubs the prices they asked for; otherwise, it would be a breach of contract. Other clubs must also sell the GOG division; otherwise, it would similarly be a breach of contract.
Of course, it did not mean that they could never go back, but they would have to pay liquidated damages if they were to breach.
The liquidated damages were thirty percent of the club's intended price, which was a figure acceptable to both parties.
For example, if the intended price of a club was 10 million, then the penalty would be 3 million.