Park Yoo Chun is accused of betraying, using a company card to give his girlfriend to spend

The latest information shared from the male idol's former management company is receiving a lot of attention from the online community.

On August 18, Recielo announced in an official press release, "Park Yoochun breached his contract with Recielo's side and signed a dual contract with a Japanese agency." According to the announcement from the company, they pointed out that Park Yoochun has engaged in dishonest behavior for a long time, despite continuously receiving great support from the company, but the male idol has acted." backstabbing" makes them feel betrayed.

The text is shared as follows:

"Hello. We are Recielo company,

According to the announcement, Recielo signed an exclusive contract with Park Yoochun on January 1, 2020. Recielo is a company founded by Park Yoochun's manager - who has been with him since leaving DBSK and works with JYJ, and also acts as a representative to help Park Yoochun recover from the noise.

At the time of founding Recielo, Park Yoochun registered his mother as the largest shareholder because it was difficult to register as a shareholder due to debt problems. For that reason, the current largest shareholder of the company is Park Yoochun's mother but she has never been involved in the actual management work all this time. Since there was no profit immediately after signing the contract with Park Yoochun, the CEO of the company tried to run the company by borrowing on his own and eventually, the annual revenue reached over 1 billion KRW by the end of 2020.

However, about 1 month ago, we received information that Park Yoochun broke his contract with us and signed a dual contract with a Japanese management company. This is a clear breach of contract and we are preparing to file a lawsuit by appointing an attorney. Then, on August 14, 2021, we saw a report in Japan that Park Yoochun had terminated his exclusive contract with Recielo and also said that our CEO was embezzled. Soon after, on August 16, there was even an article about Park Yoochun holding a fanmeeting in Japan.

The statements made by Park Yoochun about Recielo reported in Japan and other countries are clearly untrue, seriously smearing Recielo and the CEO.

Previously, Recielo did not care about Park Yoochun using the company card for entertainment activities and personal living expenses. We also help and help with personal debt of more than 2 billion KRW. However, at that time, Park Yoochun gave his company card to his girlfriend to buy branded bags or use tens of millions of KRW in company funds for games. In particular, the amount of money that Park Yoochun spent at the entertainment facility amounted to about 100 million KRW, which the company paid for and suffered damage in the long run.

Recielo has actively supported and invested so that Park Yoochun can continue activities such as albums, overseas concerts and filming. Recielo has solved Park Yoochun's problems together, and the proceeds from activities are also settled normally.

Recielo not only suffered damage due to Park Yoochun's violation of the exclusive contract, but also felt betrayed and defamed. So our company is forced to speak up."

It is known that this is the official statement from the male idol's current management company after a series of noises related to contract issues during the past time. The male idol's fans are still bewildered by this information and are waiting for a proper explanation from Park Yoochun.

Park Yoochun was originally a member of the popular boy group DBSK. However, after leaving the group due to contract issues, Park Yoochun was involved in a series of serious allegations related to this person's private life.

In 2016, Park Yoochun shook Korea when faced with accusations of rape from 4 girls, his brilliant career suddenly went downhill but was later acquitted in 2017. No stopping there, in 2019 the male idol was involved in a scandal of using banned substances and received a positive result, shocking the public.

Currently, Park Yoochun's career is almost impossible to save after a series of serious noises happened. Although still actively returning with new activities, the name of the male idol is no longer well received from the public.

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