'Govt Plan Still Means Subsidising Private Clubs'

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1387052_1_20180321115139.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1387052-20180321.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1387052-20180321.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-03-21 HKT 11:51

Share this story

facebook

  • 'Govt plan still means subsidising private clubs'

Brian Wong talks to RTHK's Jimmy Choi

Liber Research Community has slammed the government's proposal on private club land unveiled on Tuesday, saying it is still like subsidising exclusive joints with public money.

For a public consultation exercise that was launched on Tuesday, the government has proposed that private sports clubs pay one-third of the full land value as a fee when they renew their leases every 15 years, starting from 2026. Most of them are currently charged little or no premium.

But Brian Wong, a member of the think tank, said the one third land value as a premium is now being paid by community service facilities, such as schools and churches. "But the condition is that they are not supposed to make money and run a business on that piece of land," he said.

"So if you charge them only one third premium and at the same time allow them to provide food and beverage services, sauna rooms, mahjong rooms, then that is absolutely unfair. It is like you are subsidising them to do private business," Wong said.

He said to promote sports, facilities have to be open to the public and inclusive. "But if at the same time you make the club house remain exclusive to its members, there is a contradiction," he said.

Wong said that each club should be examined on a case by case basis to see what service it is providing and if it fails to contribute to the community, the lease must be ended.

He also told RTHK's Jimmy Choi that those clubs who want to remain exclusive can do so by paying full land premiums as some private clubs already do.

RECENT NEWS

Gobi Partners Expands Into Japan

Gobi Partners, one of Asia’s most active venture capital firms, has expanded into Japan through JR East’s TAKANAWA ... Read more

DFSA And HKMA Host Second Joint Climate Finance Conference

The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) held the second Joint Climate... Read more

Are Banks Thinking Big Enough About AI? | Philippines AI CxO Roundtable

In this exclusive roundtable jointly hosted by Fintech News and OneConnect Financial Technology banking C-levels from P... Read more

Banks Can Slash Production Time By Up To 60% With GenAI, HKMA Report Reveals

2025 marks a turning point for artificial intelligence in finance. After a year of conversations dominated by consumer ... Read more

Wise Completes Direct API Connection To Japans Zengin Payment System

Wise has completed its direct connection to the Zengin Data Telecommunication System (Zengin System), Japan’s domesti... Read more

HSBC Migrates PayMe Platform To AWS

Amazon Web Services (AWS) has announced that PayMe by HSBC, a prominent mobile wallet in Hong Kong, has successfully mi... Read more