Heungkuk Life Insurance volleyball team, ‘noisy’ over the manager’s hardship controversy
Angry volleyball fans… Protest in front of headquarters
Concern about “continuing controversy, reliability could be a problem”
[아시아타임즈=신도 기자] The Heungkuk Life Insurance Pink Spiders professional volleyball team, which was noisy in 2021 due to the players”controversy over school violence’, is in trouble this time due to a sudden change of manager. Suspicions that there was pressure from Taekwang Group, the parent company, for the hardship of former Heungkuk Life coach Kwon Soon-chan arose and criticism continued, and Heungkuk Life Insurance was in an awkward position between volleyball fans and the parent company.
▲ A professional volleyball V-League Women’s Division IBK Altos and Heungkuk Life Pink Spiders match held on the 8th at the Indoor Gymnasium in Hwaseong Sports Town, Gyeonggi-do. Heungkuk Life Insurance Kim Yeon-kyung is cheering for the players in the warm-up zone. (Photo = Yonhap News)
According to the insurance industry on the 13th, the Heungkuk Life Insurance volleyball team suddenly replaced the manager on the 2nd. The Heungkuk Life Insurance volleyball team led by former coach Kwon ranked second in the regular league this season, and was on the rise by defeating Hyundai E&C, a candidate for the championship, in the last game last year.
Heungkuk Life Insurance is in the position that they chose to break up because the direction they pursued between former coach Kwon and the club did not match, but suspicions that there was an intervention by the Taekwang Group behind the hardship of the unreasonable manager led to the torch of volleyball fans with Heungkuk Life Insurance. I went to Taekwang Group.
Bitter voices came out even within the Heungkuk Life Insurance volleyball team. ‘Volleyball Empress’ Kim Yeon-kyung said on the 5th that “the company prefers a coach who listens well” to his team. Some have been protesting at the headquarters of Taekwang Group and Heungkuk Life Insurance since the 6th.
As a result, a cluttered atmosphere is sensed throughout Heungkuk Life Insurance. The Heungkuk Life Insurance volleyball team has already caused controversy in 2021 with the school violence incident of Lee Jae-young and Lee Da-young. In November of last year, controversy continued outside of volleyball due to the non-execution of call options (early redemption rights) on hybrid capital securities.
Accordingly, Heungkuk Life Insurance is also closely watching the situation. An official from Heungkuk Life Insurance said, “We are not directly involved in the operation of the volleyball team,” but “we are watching a series of controversies after the manager’s hardship.”
Some worry that only Heungkuk Life Insurance may be in an awkward position between angry volleyball fans and the parent company. This is why there are voices that the Heungkuk Life Insurance volleyball team needs to resolve the situation in a way that can end the controversy, such as an alternative to quickly appoint a new manager.
An insurance industry official said, “The sports team under a company is operated for marketing, and the controversy that arises can be an undesirable situation from the point of view of the company.” It can lead to reliability issues,” he said.
