Khairy: FAM has own plans to strengthen finance

khairy-fam-1PETALING JAYA: Youth and Sports Minister Khairy Jamaluddin believes the Football Association of Malaysia (FAM) has its own plans to settle its financial problems.

According to Khairy, FAM under the leadership of Tunku Ismail Sultan Ibrahim, would have its own ways to strengthen the association’s financial position.

This follows the possibility that FAM would lose RM34 million if it loses two court cases following the signing of agreements that did not favour the governing body by the former executive council (exco).

“I believe the FAM has conducted auditing and has its own plans to strengthen its financial position,” he said after participating in a charity walk “The Rock Walk 2017” at Evolve Concept Mall, Ara Damansara, here yesterday.

The local media had reported that Tunku Ismail expressed his disappointment after finding out the former exco had entered into an agreement that favoured the other party and put FAM in a difficult position.

Meanwhile, former FAM vice-president Raja Ahmad Zainuddin Raja Omar called on the FAM to lodge a report with the Malaysian Anti-Corruption Agency (MACC) on the matter.

Former FAM deputy president Ridzuan Sheikh Ahmad wants the new FAM leadership to take the failure of the former exco as a lesson and to be more careful when signing agreements.

Ridzuan said the former exco involved in the one-sided agreement should be responsible and they should come forward to explain the agreement.