Kim Soohyun’s agency, Gold Medalist, is increasingly facing worsening financial conditions. The press conference held by Kim Soohyun on March 31st, where he took a firm stance, is said to be closely related to this situation. Observers believe that the desperate need to avoid shutting down the company may have prompted the emotional press conference, as further delays could have meant the end of the agency.
An expert in corporate M&A, familiar with the internal affairs of Gold Medal, stated, ‘Gold Medal used to have 2 to 3 billion won in surplus in the company account, but the situation is different now.’ The expert added, ‘All of Kim Soohyun’s over 20 advertisements were taken down, and it is reported that very few companies demanded penalties due to this issue. However, it seems that the company’s balance is now drained due to some refunds on model fees, cancellations of scheduled events, fixed costs, and other factors.’
Although not yet confirmed, rumors suggest that Gold Medal has been actively seeking external investment. A financial insider mentioned, ‘I’ve heard that Gold Medal needs to secure around 6 billion won in damages before the press conference, and that they have even temporarily suspended contracts with external cleaning companies. If this is true, there may soon be restructuring within the company.’
The industry believes that Kim Soohyun’s press conference on March 31st was not only intended to refute claims made by the family of Kim Saeron and Garoseo, but also a decision made to prevent the company’s collapse. During the conference, Kim Soohyun repeatedly cried, saying, ‘I cannot claim I did something I didn’t do. I can no longer watch my family and the employees of the company suffer because of me.’
The lawsuit filed by Kim Soohyun against Kim Saeron’s family, an unnamed aunt, and Garoserooperators for 12 billion Korean Won in damages also highlights the fact that there are no other negotiation cards left. The key issue in future trials will be how to prove the causal relationship between the financial losses of Gold Medal and Kim Soohyun, and the actions of these three parties.”
source: https://m.entertain.naver.com/article/609/0000970420
original post: here
1. He can just sell his house
2. ?? What is this mediaplay? ㅋㅋ How are they out of money?;; Kim Soohyun aside, his company still has Choi Hyunwook, Seol In-ah and Lee Chaemin and all of them are booked
3. To release articles like that means that he still has money
4. Bullsh*t. It’s because Kim Soohyun and the company have so much money that they were able to pull all those tricks so far, the fact that they’re now claiming that they’re out of money is ridiculous. How did they pay his whole crying and sh*tting everywhere show we watched yesterday? Tsk
5. What? ㅋㅋㅋ Then why not just sell all your assets and retire?
6. Kim Soohyun’s assets are all overwhelming, what are they talking about?
7. But since he’s a ‘star’ he’ll be able to make it all back soon right?
8. He just needs to call Kim Star back~
9. He still has his numerous parents, and he has his fans who call him ‘baby’ so what’s the problem? Just hold on~ Of course, Star Kim Soohyun must be rich!
10. Why not ask for your numerous parents’ money?