Perak FC, the club in Liga Premier Malaysia announced XOX Berhad (XOX) has been the new owner of the team effective today.
XOX has signed a Memorandum of Understanding (MoU) with Perak FC on the acquisition of the Football Club with a full and due process legal process to be finalized.
The matter was confirmed by the MFL Club Licensing Unit where XOX has successfully prepared all the documents as requested by MFL today which is also the deadline of 29 April 2022.
According to MFL, XOX’s top management has already met and discussed with Perak FC’s head coach and assistant coach and two players about their commitment as well as discussing the team’s direction in the short and long term, salary arrears and plans after the transfer ban is lifted.
“MFL believes that the arrival of XOX not only marks the resumption of Perak FC which is backed by a strong and organized corporation, but this very reason also marks a positive movement towards the entry of another large company into the ownership of a football club in Malaysia.”
“MFL is confident that Perak FC will now be able to move forward with confidence and once all the huge acquisition processes have been successfully completed,” he said in an official statement.”
Credit Photo : Perak FC
