Yoo Jae Suk to SM? Both parties deny

SM has officially denied of the recent rumors about the management company having signed the star MC, Yoo Jae Suk.

Yoo Jae Suk has set up his own company earlier this year and he has his own staffs looking after his schedule. He has also denied of the rumor through his management company.

An associate of Yoo Jae Suk spoke to StarNews on the 30th, “There was a similar rumor earlier this year before Yoo Jae Suk set up his own management company. But the rumors were spread by the individuals that try to manipulate the stock market and Yoo Jae Suk has never received an offer from SM. The rumor had disappeared after Jae Suk set up his own company, it’s baffling why the rumor has resurfaced all of a sudden.”

Some have claimed that SM was trying to bolster their variety show line up by signing in Yoo Jae Suk, but it has all been false rumors spread by individuals who had something to gain from it.

Source: Money Today via Nate

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