I have no intention of selling the team in a fit of anger because of the goose that lays golden eggs

Jun 17, 2025

I have no intention of selling the team in a fit of anger because of the goose that lays golden eggs
Sportschosun DB



"It's completely groundless."

The Kiwoom Heroes `furious' He showed a firm response to the recent rumors of the sale of the club.

Recently, rumors of the sale of Kiwoom clubs have been raised in the baseball community and various bulletin boards. Kiwoom is currently listening to proposals from several companies to sell the club, and the names of companies that are candidates for acquisition were also specifically mentioned. People cannot help but pay attention to the atmosphere as if the real work is going on.




Kiwoom is the only team in the KBO League to operate its own team. All nine other clubs have a parent company and run a baseball team with the support of that parent company. However, Kiwoom makes its own profits without a parent company to keep the club alive. Former CEO Lee Jang-seok is the largest shareholder. Kiwoom Securities is just a naming sponsor. Former CEO Lee was permanently disqualified from KBO in 2018 after being sentenced to prison for embezzling club funds.

Since there is no parent company, it is a freer structure for the sale of the club. Therefore, when it is forgotten, it stands at the center of the rumor of the sale. The popularity of baseball has been soaring lately. Until then, it was evaluated as a `money-eating hippo', but it is not an exaggeration to say that nowadays it is a `goose that lays golden eggs'. If you sell a baseball team, you can get at least 100 billion won, so you have no choice but to be tempted to sell it.

I have no intention of selling the team in a fit of anger because of the goose that lays golden eggs
KBO League Kiwoom and Doosan held at Gocheok Dome on the 1st. Kiwoom won 1-0 over Doosan. Kiwoom players are sharing the joy of winning after the game. Gocheok =Reporter Song Jeong-heon@sportschosun.com/2025.06.01/
Then, what is the truth of the recent rumor about the sale. Is the discussion really going on. A Kiwoom official said "It's completely groundless. Our club has no intention of selling the club," he said flatly. Regarding the companies mentioned, he added, `I don't understand why these companies are being talked about.'




If so, how valuable would it be if Kiwoom were to be sold. The most recent acquisition of a baseball team is SSG. Under the leadership of Chairman Chung Yong-jin, he took over the SK Wyverns in 2021. At the time, Chairman Chung tried to take over Kiwoom, but it was ignoredHe also expressed hostility by saying ".

At that time, SSG spent a huge amount of 135.28 billion won to acquire the SK baseball team. Kiwoom is known to have no intention of selling the club, but if they value themselves, it will be set much higher than the price SSG acquired SK. Kiwoom is a club based in Seoul, the capital, and is using Gocheok Sky Dome, the only domed stadium in the KBO League, as its home. 'Seoul Premium' must be added.





This article was translated by Naver AI translator.