Financial Fair Play First Instance Body (FFP FIB), an independent entity overseeing the enforcement of Malaysian Football League’s (MFL) financial regulations, has completed its second phase of financial report submissions for Super League clubs.
This phase, part of the introduction of MFL’s Financial Fair Play (FFP) regulations in the 2024/25 season, required all participating clubs to submit detailed financial documentation for review.
Out of all the Super League clubs, ten clubs successfully submitted complete and compliant financial reports. However, three clubs failed to meet the FFP requirements due to outstanding salary payments and arrears towards crucial national entities such as the Employees Provident Fund (EPF), Inland Revenue Board of Malaysia (LHDN), Social Security Organisation (PERKESO), and Employment Insurance System (EIS).
As a result of these outstanding payments, the FFP FIB has imposed a transfer ban on the three non-compliant clubs, preventing them from participating in the second transfer window of the 2024-2025 season. This sanction follows Article 13 (b) of the MFL FFP Regulations (2024/25 edition), which outlines a structured penalty system for clubs failing to comply with financial monitoring requirements.
Despite the 30-day period granted for the clubs to resolve their financial issues, there has been no progress regarding the outstanding payments or arrears. Consequently, as of September 25, 2024, the FFP FIB has escalated the situation by imposing a RM 15,000 fine on the three clubs.
The affected clubs now have an additional 30 days, until October 25, 2024, to provide proof of settlement regarding their salary arrears and other financial obligations, or to submit evidence of any mutual agreements made with the respective agencies. Failure to resolve these issues within this extended deadline will result in further sanctions, as the matter will be escalated to the FFP FIB for additional penalties.
The MFL’s ongoing commitment to enforcing financial discipline within the league is evident, and non-compliant clubs face increasing consequences if they do not adhere to the rules. This enforcement highlights the importance of maintaining financial integrity to ensure sustainable football growth in Malaysia.
Credit Photo : MFL
