Tiezi's sentence came out, 20 years, a very heavy sentence, usually a life sentence does not necessarily require a full 20 years. Tiezi was born in 1977, if he could live to see his full sentence, he would be nearly 70 years old by then, and his life would be over.
Tiezi was charged with a lot of crimes, but if you combine them together they are bribery and accepting bribes.
According to the public verdict, Tiezi paid 3 million yuan in bribes to become the national team coach, of which 1 million yuan was paid by himself and 2 million yuan was paid by the Wuhan club. After becoming the national team coach, Tiezi used his power to collect 50.89 million yuan in 2 years, a return on investment of nearly 17 times. I didn't expect that there would be so much room for rent-seeking as a head coach. No wonder people would try their best to get it.
In addition, during the four years that Tiezi served as the club's head coach, he accepted bribes from player transfers and organized match-fixing, earning a total of 39.05 million.
This is Chinese football. Money is required for player transfers, money is required for match-fixing, and money is required to be selected for the national team. Money is money everywhere. But when it comes to international competitions, we are dumbfounded when we encounter opponents that we cannot defeat with money.
It is said that shareholders also have a share in Tiezi's money. China Fortune Land Development, this garbage company, has made a mess of its main business. It spent money like water on gold-dollar football, and finally its capital chain was broken and it had to drag China Ping An into the water. It lost hundreds of billions in total.
In the past few years, when the real estate industry had no shortage of money, it treated Chinese football as its mistress. In recent years, when the real estate industry has no money, Chinese football has almost become naked.
I read gossip elsewhere that said one of the reasons why Tiezi was sentenced so heavily was because he did not return the stolen money. Most of his money was laundered and in the hands of his overseas wife. Divorce is fine, but the money cannot be returned. The huge amount of money that Tiezi earned in the second half of his life has been given to others. What's the point of this?
I started watching basketball early, and my most profound impression of Tiezi was the young man running in the Golden State Stadium in 1997. Now seeing him listening to the court's verdict with a haggard face, it really makes people sigh.
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Today, the TGA awards were announced. Black Monkey won the Best Action Game and Player's Voice awards, but missed the most important Game of the Year, which went to (Astrobot). I looked at my predictions from a month ago, and I thought that Robot would be Black Monkey's biggest competitor.
Robot's global sales volume is 1.5 million copies, which is less than 1/10 of Black Monkey's. However, TGA is not an award that only focuses on sales. This is easy to understand. Many of the highest-grossing movies of the year did not win any awards. Wu Jing has a box office of tens of billions but has never won the Best Actor award.
Robot is a PS5 exclusive game, similar to Mario. Although not 3A, it is also an independent game with excellent overall performance, with an overall rating of 90+. In a year with few classic games, it is reasonable to win the best game of the year.
Black Monkey is an excellent game with no shortcomings and an overall score of around 85, but apart from the filter of Chinese culture, it is still a long way from being a classic. For example, as an action game, several core settings are borrowed from previous games and lack decisive innovation. The gaming community attaches great importance to mechanism innovation when judging the status of the game.
Of course, as the pioneer of Chinese 3A games, Black Monkey has been extremely successful, proving that the Chinese game industry has reached the next level and allowing global players to feel the charm of Chinese culture. Commercially, its revenue has exceeded 8 billion RMB, which is a huge fortune for a project with a development cost of 400 million RMB.
With its guidance, I believe a large amount of talent and capital will flow into the game industry. I believe that more excellent works will emerge in an endless stream. As for Chinese games reaching the top of TGA, it is only a matter of time.
Oh yes, this year’s best team is T1, and the best player is Faker. Lee Sang-hyuk’s historical position is unshakable.
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Today I read a Morgan's China asset report. I would like to share a picture from it, which is an analysis of the yields and volatilities of several stock markets and bonds.
The horizontal axis of this graph is volatility, with small volatility on the left and large volatility on the right. From the experience of holding assets, of course, the smaller the volatility, the better, and large volatility is worrying.
The vertical axis of this graph is the rate of return. Needless to say, the higher the better.
Sure enough, the Chinese stock market on the far right of this picture has the biggest volatility (23%), but the yield is only about 4%, which is similar to the bonds on the far left, but the volatility of bonds is only 1/10 of that of stocks. In terms of investment cost performance, Chinese bonds are far better than Chinese stocks, so I said in a comment a few days ago that those who invest in bonds are more knowledgeable people and smarter money.
The volatility of U.S. stocks is less than 15%, and the yield is 14%; the volatility of gold is around 16%, and the yield is 7%, which is not as good as U.S. stocks, but still much better than A-shares.
This is probably what it means to have the heart of selling cocaine but earn the money of selling cabbages.