Football

KL City appeal to 'tycoons' to invest

KUALA LUMPUR: As KL City struggle to pay salaries to their players, they wish that Malaysian tycoons who invest in football clubs overseas will look their way.

KL City FC chief executive officer Stanley Bernard and president Khalid Samad have expressed their disappointment over the tycoons' lack of interest in M-League teams.

As things are, KL City have just been dealt a financial blow after Rinani Group Berhad reduced its sponsorship to 10 per cent from 51 per cent. KL City are reported to have not paid salaries for two months or more.

Stanley disclosed that KL City will meet two potential investors soon.

"We will be talking to two parties but they aren't tycoons... they are not Berjaya or AirAsia, and I don't see them signing despite our achievements," said Stanley.

"There must be a reason why they (tycoons) are shying away from the M-League but would rather buy foreign clubs."

Last week, it was also reported that Malaysia External Trade Development Corp (Matrade) was named as rights partner for Queens Park Rangers' iconic Loftus Road Stadium in London.

Malaysian businessmen who have invested in football abroad include Berjaya Corporation Berhad founder Tan Sri Vincent Tan (Cardiff City and FK Sarajevo), Datuk Ananth S. Nathan (AFC Wimbledon) and Ruben Gnanalingam (QPR co-owner).

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