• February 8, 2023

‘Management difficulties’ Goyang basketball team, looking for a new acquisition company in a year… KBL “Keep an eye on the situation”

Day One Sports, the operator of professional basketball Goyang Carrot, is having difficulties operating the basketball team due to financial difficulties.

An official from Day One Sports said in a phone call with Star News on the 7th, “We have been looking for a new company that can serve as the parent company since December of last year, and we are currently negotiating. We look forward to it positively.” 카지노

Carrot was founded by acquiring the Goyang Orion professional basketball team prior to this season. ‘Legend’ national team coach Hur Jae took over as co-CEO and became a hot topic. The club is operated by Day One Sports, a corporation whose parent company is Daewoo Shipbuilding & Marine Engineering & Construction. Like the Kiwoom Heroes of professional baseball, the club’s name became Goyang Carrot as it attracted ‘professional basketball’s first’ Carrot Insurance as a naming sponsor.

At the inauguration ceremony in August of last year, CEO Jae-Heo expressed his aspirations, “We promise to do our best to become the most popular club in KBL and get closer to the fans. We will create a new wind in Korean basketball with a new way of managing the club.” revealed

But less than a year later, the Carrot basketball team fell into crisis. This is because of the financial difficulties of the parent company. Daewoo Shipbuilding & Marine Engineering has been experiencing financial difficulties since last year. Employees’ wages were delayed and subcontract payments were delayed. Last year, the union of Daewoo Shipbuilding & Marine Engineering and Construction submitted a corporate rehabilitation procedure to the Seoul Rehabilitation Court, and the Seoul Rehabilitation Court also accepted it on the 6th and made a decision to initiate the rehabilitation procedure.

Running the basketball team was also difficult. After going through the twists and turns of pending approval due to poor funding plans submitted to the Korean Basketball League (KBL), in October of last year, it also caused controversy when it failed to meet the deadline for the first payment of the KBL membership fee. He paid the subscription fee of 500 million won only after receiving an ultimatum that he could not be allowed to participate in the regular league. You must pay the balance of 1 billion won in subscription fees by the end of March. However, due to financial difficulties, even the salaries of the players have been delayed.

If Carrot fails to pay the subscription fee normally, there may be problems with normal league operation. This season, Goyang Carrot recorded 20 wins and 19 losses and is in 5th place in the league. The playoff schedule is also a concern.

A KBL official said, “We are closely monitoring the situation. We will try to deal with it in principle according to the situation in the future.”

In fact, Daewoo Shipbuilding & Marine Engineering’s financial difficulties are affecting other sports events to a considerable extent. Daewoo Shipbuilding & Marine Engineering Chairman Kim Yong-bin recently resigned from the Korea Sports Association’s directorship, including the Korea Curling Federation chairmanship, which he had held since 2021. In this situation, in April, the 2023 Mixed Doubles World Championships will be held in Gangneung, ‘Anbang’. The World Curling Federation General Assembly will also be held in Seoul in September.

In addition, in September of last year, the Korea Women’s Professional Golf (KLPGA) Tour Elcrew Pro Celebrity Tournament, which Daewoo Shipbuilding & Marine Engineering served as the title sponsor, was canceled two weeks before the opening due to circumstances on the part of the organizer.

Leave a Reply

Your email address will not be published. Required fields are marked *