The Analysis of Feasibility of Sale of Public Sports Center in Korea

Table 8

Full sale (bidding) scenario.

Sortation	Scenario
Selling price	Presentation of the interim value of the actual sale price evaluation results with the Korea Sports Promotion Foundation
Option 1	Among nonprofit courses, courses preferred by residents are maintained, but minimum operating income is guaranteed for the next five years
	Less than 50% of the courses to be maintained are set, and other courses can be autonomously adjusted by private businesses
Option 2	Set a mandatory operating period for the next five years and impose penalties for giving up the right to operate
	The penalty amount is 30% of the expected operating cost from the time of the abandonment to the end of the mandatory operating period (example)