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WHAT CAN $50M DO FOR S'PORE FOOTBALL?
The Straits Times
|April 02, 2026
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Irfan Fandi soaking in the pyrotechnic display after the Lions beat Bangladesh 1-0 at the National Stadium on March 31. Many are hopeful that the $50 million injection can fire Singapore football to the next level.
(ST PHOTO: MARK CHEONG)
A day before April Fool's Day, Football Association of Singapore (FAS) president Forrest Li showed how serious he is about the sport, when he announced that his home grown technology company Sea Limited will donate $50 million to support the long-term development of football in Singapore.
On top of the $10 million already donated to the FAS at the start of 2026, the remaining $40 million will be progressively disbursed to "support meaningful initiatives that can broaden participation, strengthen development pathways and contribute to the growth of a more vibrant football ecosystem in Singapore", said Sea's statement.
This is believed to be the biggest corporate donation to any national sports association in Singapore.
While exact plans and details were not revealed - the FAS has yet to share a comprehensive blueprint since Li assumed his presidency in April 2025 the local fraternity is already buzzing and they are hopeful about what the significant cash boost can do for Singapore football.
TAKING THE LIONS TO THE NEXT LEVEL
In the short term, perhaps the most immediate beneficiary will be the 147th-ranked national men's football team.
Already the recipients of a $2 million bonus from Li's own pocket after their historic Asian Cup qualification, they can now look forward to more resources in their preparation for the continental showpiece in Saudi Arabia in 2027 and in their bid to scale the world rankings.
Lions coach Gavin Lee said: "We are very grateful to have this kind of financial support and resources, because that allows us to go on and do what we want to do, potentially at a higher level.
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