The father of Yani Tseng (曾雅妮), one of the world’s top-ranking golfers, said yesterday his daughter was eager to obtain sponsorship from local companies.
Tseng Mao-hsin (曾茂炘) made the remarks while confirming that China’s Huabin Group had offered to sign a long-term sponsorship contract with his daughter, who vaulted into second place in the women’s world golf rankings after she won the Kraft Nabisco Championship earlier this month.
The Chinese-language China Times reported yesterday that the Huabin Group intends to sign a five-year sponsorship contract with the 21-year-old Taiwanese golfer worth US$25 million.
Responding to the report, Tseng said that as a Taiwanese citizen, his daughter would prefer to collaborate with Taiwanese business groups, but regrettably none had expressed any interest to date.
Regarding the Huabin offer, Tseng Mao-hsin said the two sides were still discussing the details of the contract.
“We are not sure whether a sponsorship contract will eventually be signed, as we have not yet come to terms on certain details,” he said.
Tseng Mao-hsin said Huabin Group’s offer was far from attractive because the contract would not cover Yani’s travel costs to participate in LPGA tournaments.
“As a matter of fact, LPGA tours comprise the largest chunk of Yani’s annual expenses ... therefore, the Huabin offer is less than attractive in real terms,” he said.
Another aspect that has to be considered is Huabin’s demand that Yani terminate all other contracts with her existing sponsors from golf clubs, sunglasses, sportswear and other sports gear companies once she signs a deal, her father said.
Aside from Huabin, he said, several brokerage agencies are also negotiating sponsorship contracts with his daughter.
Yani Tseng is scheduled to return to Taiwan next Sunday, when various sponsorship contract matters will be discussed, he said.
Aside from soaring in the world rankings, Yani catapulted to the top of other major lists by winning the April 4 Kraft Nabisco Championship in Rancho Mirage, California, the first major tournament of the season.
Her US$300,000 first prize made her the leading prize-money winner on the LPGA Tour after the first four events of the year.
The Huabin Group was founded by Yen Bin (嚴彬), a Thai-Chinese businessman.
Yen currently ranks 10th on the Hurun Rich List, an annual list of the 100 wealthiest people in China.
Taiwan is to have nine extended holidays next year, led by a nine-day Lunar New Year break, the Cabinet announced yesterday. The nine-day Lunar New Year holiday next year matches the length of this year’s holiday, which featured six extended holidays. The increase in extended holidays is due to the Act on the Implementation of Commemorative and Festival Holidays (紀念日及節日實施條例), which was passed early last month with support from the opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party. Under the new act, the day before Lunar New Year’s Eve is also a national holiday, and Labor Day would no longer be limited
Taiwan is to extend its visa-waiver program for Philippine passport holders for another year, starting on Aug. 1, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said on Friday. Lin made the announcement during a reception in Taipei marking the 127th anniversary of Philippine independence and the 50th anniversary of the establishment of the Manila Economic and Cultural Office (MECO) in Taiwan, the Ministry of Foreign Affairs said. The decision reflected Taiwan’s commitment to deepening exchanges with the Philippines, the statement cited Lin as saying, adding that it was a key partner under the New Southbound Policy launched in 2016. Lin also expressed hope
Costa Rica sent a group of intelligence officials to Taiwan for a short-term training program, the first time the Central American country has done so since the countries ended official diplomatic relations in 2007, a Costa Rican media outlet reported last week. Five officials from the Costa Rican Directorate of Intelligence and Security last month spent 23 days in Taipei undergoing a series of training sessions focused on national security, La Nacion reported on Friday, quoting unnamed sources. The Costa Rican government has not confirmed the report. The Chinese embassy in Costa Rica protested the news, saying in a statement issued the same
Temperatures in New Taipei City’s Sindian District (新店) climbed past 37°C yesterday, as the Central Weather Administration (CWA) issued heat alerts for 16 municipalities, warning the public of intense heat expected across Taiwan. The hottest location in Taiwan was in Sindian, where the mercury reached 37.5°C at about 2pm, according to CWA data. Taipei’s Shilin District (士林) recorded a temperature of 37.4°C at noon, Taitung County’s Jinfeng Township (金峰) at 12:50 pm logged a temperature of 37.4°C and Miaoli County’s Toufen Township (頭份) reached 36.7°C at 11:40am, the CWA said. The weather agency yesterday issued a yellow level information notice for Taipei, New
RSS