Different Positions on Debt Forgiveness of 4.6 Billion Won

Korea Sports Council vs. Tennis Association, Different Positions on Debt Forgiveness of 4.6 Billion Won

Sports Council: “The condition of not designating a management organization must be eliminated”… Tennis Association: “If a management organization is not designated, the problem will be solved”

The conflict between the two organizations has deepened as the Korea Sports Council designated the Korea Tennis Association as the management organization on the 9th.

The Sports Council and the Tennis Association have been at odds since the Sports Council announced its intention to designate the Tennis Association as the management organization in May. 카지노사이트 모음

The Sports Council has announced that it will designate the Tennis Association as a management organization, judging that it cannot conduct business normally due to the 4.6 billion won in debt owed to Mediawill.

However, the Tennis Association, which is in opposition, claims that although it is true that the association has had difficulties in operating due to the large amount of debt, all competitions and training have been conducted normally.

Ultimately, the key to this designation as a management organization is the difference in interpretation of whether the Tennis Association has forgiven its 4.6 billion won in debt.

The Korea Sports Council claims, “The Tennis Association submitted a (debt forgiveness) commitment on the condition that the Association would not be designated as a management organization, but this cannot be considered a valid debt forgiveness as requested by the Korea Sports Council’s board of directors,” and “We judged that the order between the designation of a management organization and debt forgiveness was reversed, so we requested a revision by the 7th, but in the end, the Tennis Association failed to resolve the reason for being designated as a management organization.”

In other words, their position is that debt forgiveness with the condition of “not being designated as a management organization” is invalid.

However, attorney Jeong Ji-woong of the Tennis Association criticized the Korea Sports Council’s decision, saying, “This is a chicken-and-egg problem,” and “If the Korea Sports Council does not designate the Tennis Association as a management organization, the debt will be forgiven, and all of the reasons for designating the association as a management organization will be resolved, but everything has become difficult with this designation.”

Former Acting President of the Korea Tennis Association Son Young-ja also complained, saying, “The designation of a management organization is like a death sentence for a sports organization,” and “Media Will, which is well aware of the seriousness of this matter, made the grand decision to forgive 4.6 billion won in debt, saying, ‘Please just stop the designation of a management organization. ‘”

The Tennis Association also said, “The designation of a management organization was not made through the board of directors of the Korea Sports Council, but was left to the meeting of the chairman and vice-chairmen, so it was effectively decided unilaterally by Korea Sports

Council Chairman Lee Ki-heung,” and “We will seek legal action, such as filing an injunction to suspend the designation of a management organization.”

Tennis Association President-elect Joo Won-hong also expressed his will to be in solidarity with the Ministry of Culture, Sports and Tourism, the superior organization of the Korea Sports Council, by saying, “Minister of Culture, Sports and Tourism Yoo In-chon recently mentioned a plan to give the budget directly to sports organizations.

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