Daejeon Recruiting Side Defender Yeo Seung-won..."You'll be helpful to the team with great performance"
Daejeon Recruiting Side Defender Yeo Seung-won..."You'll be helpful to the team with great performance"
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Professional soccer Gwangju FC and head coach Lee Jung-hyo were referred to the Korea Professional Football Federation's reward and punishment committee.
According to the Korea Professional Football Federation on the 9th, a reward and punishment committee for the Gwangju club and coach Lee will be held on the 12th.
The Gwangju club was referred to for violating the fiscal consolidation regulations, and manager Lee was referred to the referee for public criticism.
According to the club's direct statement, Gwangju suffered a net loss of 2.3 billion won last season. It failed to comply with the regulations of the fiscal consolidation system prepared by the federation.
The federation has established a fiscal consolidation system in 2023 and has been implementing it in earnest since last year. This is a guideline to ensure that each club has submitted a realistic budget and induce sustainable club management from a long-term perspective.
The purpose of the system is to suffer from changes in the club's profit structure that relies on parent companies and local governments, and it also aims to improve the structural problem of excessive team expenses among club operating expenses.
After reviewing the income and expenditure of the K League 1, 2, and 26 clubs on the 27th, the Federation's Finance Committee expressed its opinion that measures such as referral to the reward and punishment committee are needed in Gwangju, which failed to achieve a break-even indicator.
Gwangju was ordered not to register players in the summer transfer market when it overestimated its income in last summer's budget, and this time violated the federation's rules again as its current financial statements for 2024 confirmed a large net loss.
If the club is referred to the reward and punishment committee for failing to comply with the regulations, the club may be subject to fines, prohibition of recruiting players, and reduction of points. The worst case scenario is a second-tier relegation.
In response, the Gwangju club posted an apology on the 29th of last month to feel responsible for the situation. "As a result of fiscal management in 2024, we failed to comply with the fiscal consolidation system (profit and loss index), which stipulates that expenditures do not exceed income due to net losses of about 2.3 billion won," the club said. "This is the result of an increase in essential expenditures, such as the expansion of the team size and rising labor costs, which accompany the advancement to the AFC Champions League Elite (ACLE), while the corresponding income was insufficient."
"Since 2025, we have made fiscal consolidation our top priority and are committed to fiscal consolidation to prevent further debt by reducing unnecessary budgets and expanding our own income. I would like to say that I will pay off my debts on an annual basis, he said. "Once again, I deeply apologize to all the officials, and I will do my best to become a responsible club that is not ashamed of my fans."
Meanwhile, coach Lee mentioned the referee's real name at a press conference after the 16th round match against Ulsan HD in the "Hana Bank K League 1 2025" held at Gwangju World Cup Stadium on the 28th of last month.
Manager Lee said that the main players continued to be injured in the game where the referee was the referee. Defender Byun Jun-su suffered a tear in the area above his eyes on the day. 토토사이트
At the meeting of the game supervisors, there was an opinion on the need for disciplinary action against coach Lee and was referred to the reward and punishment committee.