Khalid Abdul Samad, President of the Kuala Lumpur Football Association (KLFA), and Stanley Bernard, Chief Executive Officer of Kuala Lumpur City, ‘rescued’ the team when they took out a personal loan to resolve the team’s salary arrears.
Now, several teams in Malaysia League had to spend their own money following the team’s financial constraints, which caused them to face player salary arrears.
Khalid explained the management is so committed to the mission to ensure that the team can continue to perform well thus helping to convince any potential investors to work with them.
“I took a personal loan of RM300,000, I think Stanley did the same. We consider this loan as our commitment here, not just to hold a position.” Khalid said at a press conference at the KLFA Stadium, Cheras today.
“We have also received certain sponsorships, including from small companies with a sum of RM50,000. This is to some extent able to cover the payment of player salaries which cost up to RM1.2 million per month.”
“We are committed to ensuring that the players’ salaries are paid and not overdue for more than two months,”
“There are some players whose salaries for August have not been paid but we will finish it by tomorrow night at the latest. So only September salaries remain but we will make it clear on November 7.”
“What we get, that’s what we have because the money doesn’t come in one pile. It comes from various sources and is not coordinated. So we make an arrangement to pay group by group,”
Credit Photo : Fateen/Astro Arena