Gwangju FC, which bowed its head to the Solidarity Contribution, this time, "I am sorry for not complying with the fiscal consolidation regulations."

Gwangju FC, which bowed its head to the Solidarity Contribution, this time, "I am sorry for not complying with the fiscal consolidation regulations."

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Gwangju said on its official SNS on the 29th, "I feel deeply responsible for the failure to comply with the Korean Professional Football Federation's fiscal consolidation regulations, and I sincerely apologize to fans and related organizations who love soccer."안전놀이터

The club said, "As a result of fiscal management in 2024, it failed to comply with the fiscal consolidation system (profit and loss index), which stipulates that spending does not exceed income due to a net loss of about 2.3 billion won," adding, "This is the result of an increase in essential expenditures, such as expanding the size of the team and rising labor costs, accompanying entry into the Asian Football Confederation (AFC) Champions League Elite (ACLE), while a corresponding lack of income."

Earlier on the 27th, the Finance Committee of the Professional Football Federation checked the income and expenditure of a total of 26 clubs in K League 1 and K League 2. As a result, it was suggested that Gwangju, which failed to achieve a break-even indicator, needs to take measures such as referral to the reward and punishment committee.

Gwangju's income increased by 6.4 billion won from about 15 billion won in 2023 to 214 won in 2024 due to city support, number of admission, and transfer fees, but it still failed to meet the break-even point.

Currently, the federation is considering the referral of the Gwangju club to the reward and punishment committee.

Gwangju previously posted an apology on the 21st due to Asani's failure to pay his solidarity contributions.

At that time, the club reportedly failed to pay the solidarity contribution generated in the process of recruiting Asani for foreigners in 2023. Asani's solidarity contribution was 3,000 dollars (about 4.2 million won). In addition to this, it was known that the club recruited players through the winter transfer market while the player registration ban had already occurred.

There were also protests that the situation grew and that the games played by the players recruited during this period should be confiscated and lost.

At the time, the club explained, "At the time, the person in charge was on leave, so I was not aware of the disciplinary decision and the demand for payment." He also looked optimistically at the situation, saying, "The sanctions will be lifted if we do well because we tried to pay enough, not intentional non-payment."

However, after the work grew, Gwangju said in an official apology, "We will not allow similar problems to recur." The situation was over at the time by belatedly paying the joint contribution in full, but the issue of fiscal consolidation has ignited again.