Tag Archives: Tiong Bahru FC

154 MEDIA REPORTS ON TIONG BAHRU FC JACKPOINT REVENUE, WHAT ABOUT FAS EARNINGS?

I refer to the article ‘How did Tiong Bahru FC get so much money?‘ (Sunday Times, Apr 23). It states that “In documents obtained by The Sunday Times, the club’s annual revenue for the year ending March 31 last year was $36.8 million, more than the Football Association of Singapore’s (FAS) budget of $35.8 million in the same period. Around $31 million was paid back in jackpot winnings and taxes.

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TIONG BAHRU HAD $37M REVENUE LAST YEAR AS FAS STRUGGLE TO GENERATE INCOME

The recent FAS saga have shown one thing, that nobody actually cares for the football in Singapore. It's all about the money and power, and that's why our local football will never go far. Forget about reaching the standards of the Japanese league, our own S-League could not even match up to Indonesia's, and they had their league suspended by FIFA for one whole year last year! But out of this saga, we now have the surprising news that the Tiong Bahru Football Club had actually amassed a revenue of $36.8m last year!The FAS own budget for the whole of last year was $35.8m. And it was not only last year that Tiong Bahru FC had amassed millions via their jackpot machines. They had made between $11m - $36m in the years since 2011. They are a far richer club than the FAS and the professional S-League clubs!

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