MU vs Arsenal
FA Cup
1715h GMT, 12/3/2011
standing by ...
SINGAPORE - The clubs in the Great Eastern-Yeo's S-League asked for more help last year and were duly promised a boost in funding ahead of this year's campaign.
Last month, Teo Ser Luck, the Senior Parliamentary Secretary for the Ministry of Community Development, Youth and Sports, told Parliament the subsidy for S-League clubs would rise from S$6.2 million last year to S$8.7 million this year.
In a pleasant surprise yesterday, the Football Association of Singapore (FAS) told the club chairmen in a meeting that total funding could even exceed that amount.
The nine local clubs could receive up to S$864,000 in total funding for each of the next five seasons, starting this year.
While the FAS still need to sign off on the new figures with their stakeholders, each club could potentially receive at least S$434,000 in cash - or at least 40 per cent more from last year - up from S$310,000 last year. The clubs also stand to receive up to S$430,000 each in outcome-based funding - up to a 100 per cent increase from last year.
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kennynah wrote: whatever the reasons are, they all escape my comprehension
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