Citizen clubs making profits

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Holyjoe
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Re: Citizen clubs making profits

Postby Holyjoe » Mon Sep 16, 2013 8:06 am

Brilliant sponsorship deal for Incheon United, the group that run Incheon international airport will plough 100ì–µ won into the club over the course of the next 3-5 years.

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Re: Citizen clubs making profits

Postby Alex43 » Mon Sep 16, 2013 1:44 pm

Holyjoe wrote:Brilliant sponsorship deal for Incheon United, the group that run Incheon international airport will plough 100ì–µ won into the club over the course of the next 3-5 years.


that's a bit of money honey!

what are they getting in return?
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Re: Citizen clubs making profits

Postby njs » Mon Sep 16, 2013 4:24 pm

Alex43 wrote:
Holyjoe wrote:Brilliant sponsorship deal for Incheon United, the group that run Incheon international airport will plough 100ì–µ won into the club over the course of the next 3-5 years.


that's a bit of money honey!

what are they getting in return?


Free flights to Seoul. :smt117
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Re: Citizen clubs making profits

Postby anamerican » Mon Sep 16, 2013 5:59 pm

I would imagine the Airport Corp is sitting on lots of money. Enough to expand the airport and wanted to do some good with it around town. Now if all the airport employees would show up at games. LOL.
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Re: Citizen clubs making profits

Postby Alex43 » Mon Sep 16, 2013 7:51 pm

njs wrote:
Alex43 wrote:
Holyjoe wrote:Brilliant sponsorship deal for Incheon United, the group that run Incheon international airport will plough 100ì–µ won into the club over the course of the next 3-5 years.


that's a bit of money honey!

what are they getting in return?


Free flights to Seoul. :smt117


sorry, i meant what is the airport corp getting in return? surely not the shirt sponor

would be nice t see incheon get an ACL spot and being going in and out of that airport a few times next year.. that is unless they are trying to take an afc spot away from jeonbuk...
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Re: Citizen clubs making profits

Postby Holyjoe » Tue Sep 17, 2013 8:29 pm

It is pretty much as anamerican says, the airport corporation have shedloads of money and are looking to invest it in social projects throughout the local community and they've decided Incheon United are one worthy cause. They might look to get a logo or something somewhere on the club kit but it's not a main sponsor type deal.

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Re: Citizen clubs making profits

Postby SaintsCanada » Tue Sep 17, 2013 10:27 pm

Holyjoe wrote:It is pretty much as anamerican says, the airport corporation have shedloads of money and are looking to invest it in social projects throughout the local community and they've decided Incheon United are one worthy cause. They might look to get a logo or something somewhere on the club kit but it's not a main sponsor type deal.


And surely the timing, coinciding with the Incheon Asian Games is no coincidence.
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Re: Citizen clubs making profits

Postby Alex43 » Wed Sep 18, 2013 12:55 pm

I believe The Steeleyard is privately owned, yes? Nothing else though... the Incheon Soccer Complex isn't the best of names; should they 'donate' a bit more and get naming rights to the stadium??
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Re: Citizen clubs making profits

Postby SaintsCanada » Wed Sep 18, 2013 11:21 pm

Alex43 wrote:I believe The Steeleyard is privately owned, yes? Nothing else though... the Incheon Soccer Complex isn't the best of names; should they 'donate' a bit more and get naming rights to the stadium??


The Korean names of the stadium are really Sungui Arena Park or Incheon Soccer Specific Stadium.
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Re: Citizen clubs making profits

Postby Holyjoe » Tue Nov 26, 2013 9:23 pm

Big financial problems at Suwon, the powers that be at Samsung cut the operating budget for 2013 by 48억원 and they've already confirmed they're slashing a further 30억원 off the funding they will provide for 2014. That probably means they'll be ditching ten or so players from the squad and they'll struggle to get much in the way of reinforcements in. Ko Jong-soo and Kim Dae-eui were over in Brazil scouting some foreign players but they just can't seem to afford to bring in the ones they want. They're certainly not getting value for money in terms of the wages they're spending - if you remember this thread from April it was revealed Suwon spent by some considerable margin the highest amount on wages and bonuses of all the K-League clubs. No trophies for three years now and it doesn't look as though they'll be challenging for much in 2014 either.

Suwon are the new Seongnam, wonder how long before Samsung Electronics look to pull the plug? Suwon City Hall already have their own professional football club so that rules out the old citizen club switcheroo. Where can the Bluewings relocate to? Perhaps Ansan City Hall will finally get the club they so desire?

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Re: Citizen clubs making profits

Postby Spatula City » Tue Nov 26, 2013 9:43 pm

Well, they have to pay those Apple fines somehow and lord knows it's not coming out of Lee Geon Hui's pocket. I just hope they take the next logical step and deny entry to anyone with an iPhone next season. Anyway if Jong Te Se needs to find a welcoming home next season, I can introduce him to a plethora of 평양냉면맛집 in Ulsan!

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Re: Citizen clubs making profits

Postby Pikey » Thu Nov 28, 2013 9:28 pm

Since i came to Korea, Suwon have signed Koreans with at least a few international caps, presumably on decent money. Apart from a few games at the start of the season, we've looked like the 4/5 best team (other than when playing Seoul). Definitely not worth the investment, as there's been little improvement.

Suwon has a reasonable reputation in K-League terms, there's got to be a better, cost-efficient way of improving the squad. I find the draft system flawed anyway, but there's not been a single "young" player come through in 4 years.
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Re: Citizen clubs making profits

Postby eujin » Thu Nov 28, 2013 9:35 pm

Holyjoe wrote:No trophies for three years now and it doesn't look as though they'll be challenging for much in 2014 either.

No trophies for three years and no King Cha for four. Coincidence? They couldn't stop winning stuff when he was in charge, even if they were rubbish. Blame the fans I say. I think it's time the Suwon board made themselves a big banner with "Grandbleu out" on it. Seriously, where is our old friend Bluewings when you need him? He was always good at popping up to kick a team when they were down.

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Re: Citizen clubs making profits

Postby Suwonesque » Tue Dec 03, 2013 1:06 pm

It is not about financial problem. I will explain that later. At this point it is not something to worry about.
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Re: Citizen clubs making profits

Postby Suwonesque » Tue Dec 03, 2013 11:58 pm

Suwon had some success in the past despite their short history, wining everything. Those days no club could have challenged with Suwon's spending power except few maybe Seongnam and LG. Most of the best players in the league played for K-League clubs so it was easy to scout the best players among them.

They still kept same strategy by bringing 4-5 new players to the club until this year but failed to win anything. Because there are several club who can challenge with Suwon's power now and the clubs usually don't sell their better players so easily (Jeonbuk in Kevin, Lee Geun-ho in Ulsan, Djeparov, Yoon bit-garam , etc etc) . The best players will go and play for European clubs anyway. And West Asian and Chinese clubs can pay more than Suwon now. Despite bringing several decent players, they couldn't quite achieve anything because the players they brought in were not good enough (likes of Cho Dong-goun, Radoncic, Kwak Kwang-Seon), or underperformed (Jung Sung-ryong, Seo Jung-jin, Lee Yong-rae, Park Hyun-beom, Bosnar, Mato, Marcel etc..), or the managers couldn't quite use the resource properly. So they ended up spending a lot of money on agents, heavy paychecks and transfers. How long can they spend if return in investment is almost nothing?

Now in K-League, it is very hard to tell one player better than others, even if they are capped players. Except few like Dejan, Molina and Kim Shin wook, all others are very average and you can win the title with those players if you are efficient. We saw how Pohang win the double despite using only Korean players. In the Pohang squad, can we tell one player who is great and almost certain to shine in Brazil World cup? I don't think so.

So, Suwon board thinks that if they don't get anything from the investment, the best way to run the club is to nurture their own academy players and sign a very decent 1-2 players on the top of that in a season. That was evident when they promoted Seo Jung-won and co to the coaching staff. This year Suwon did utilize the some young players like Min Sang-Gi, Kim Dae Kyung, Cho Ji-hun and do have at least 2-3 academy players in the squad. We will see 2-3 addition in the coming season as well. Releasing and loaning best paid players is a good idea of they are under-performing.

That being said, Suwon's change in strategy is nothing to do with the Samsung's performance. Suwon spent a lot more before or after Global Financial crisis. Samsung is a lot bigger now than then. We still do have good players if they perform up-to their best level. We still have best attendance record and best fans despite having only one million population unlike Seoul which has 10 million population and attracts 90% of tourists from abroad.

If we finish in the top 4 next season, bring 2-3 academy players, and play an exciting football I would be more than happy.
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