S Korean firm linked to Sea Bee

PUBLISHED : Monday, 18 July, 1994, 12:00am
UPDATED : Monday, 18 July, 1994, 12:00am

A SOUTH Korean-based corporation is being tipped to finance former Hong Kong First Division club Sea Bee's comeback next season.

The company plan to take over Sea Bee's registration, left vacant by the now-defunct Ernest Borel.

Details of the corporation's bid are sketchy although it is understood that a middleman is piecing together the deal.

Sea Bee spokesman Tsui Kwok-on, the former team manager of Ernest Borel owned by Sea Bee president Lam Wai-wah, said the Korean corporation had not approached them directly.

He said the Koreans must give them a definite answer this week as to their plans because Sea Bee must confirm their entry for the coming season to the HKFA before next Sunday.