Stadium Naming Rights

Wang Ye did not know whether to laugh or cry.

He was not someone who sought fame and recognition, much less someone who enjoyed being in the spotlight.

Besides, the goodwill he had only just won from the fans might very well vanish into thin air because of the name "Mikhail Stadium"...

When it came to naming a stadium, fans could be extremely particular.

Either it had to be named after a legendary figure from the club's history, or they might as well keep it simple and auction off the naming rights to bring in real revenue for the club.

"No, don't use my name. Don't I have the Russian Automobile Industry Group under me? It acquired the Land Rover, Jaguar, and Volvo brands. Jaguar Land Rover was originally a British Isles brand anyway. Wouldn't it be more appropriate to use one of those brands to name our new stadium? As for the sponsorship fee, Russian Automobile Industry Group can pay thirty million pounds every year from now on as the naming-rights fee. That money can go toward the club's transfer budget." Wang Ye explained calmly.

Arsenal was certainly not a one-time investment. After throwing several hundred million US dollars into it this year, he might still have to invest quite a bit every year afterward.

But unlike Abramovich, Wang Ye did not have endless piles of spare cash that he could throw into the club without a second thought.

He earned a great deal of money, but he had plenty of places to spend it too.

So after investing a huge sum in the first year, he hoped Arsenal could enter a healthy, self-sustaining cycle afterward.

Besides, once all the players he had personally specified for the club arrived, Arsenal would honestly have almost no need to sign any