Hannah explains RM5mil allocation to FAM despite Asian Cup exit
Youth and sports minister Hannah Yeoh says the funds come with the condition that it is only used for operational expenses.
Read More: https://www.freemalaysiatoday.com/category/nation/2024/01/27/hannah-explains-rm5mil-allocation-to-fam-despite-asian-cup-exit/
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Read More: https://www.freemalaysiatoday.com/category/nation/2024/01/27/hannah-explains-rm5mil-allocation-to-fam-despite-asian-cup-exit/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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NewsTranscript
00:00 Youth and Sports Minister Hannah Yeo has defended the government's decision to award
00:07 5 million ringgit to the Football Association of Malaysia following the national team's
00:13 exit from the Asian Cup.
00:15 She said for the first time in 42 years, Malaysia qualified for the Asian Cup on merit and were
00:21 the lowest-ranked team in their group.
00:24 The minister added that the national team would require funding to meet their target
00:28 of continued qualification for the Asian Cup.
00:32 Hannah pointed to the expense of flying the team to away matches, adding that the 5 million
00:37 ringgit allocation will assist with this expense.
00:41 She said the finance ministry placed restrictions on the sum, stating that it may only be used
00:46 for operational expenses, not administration or emolument payments.
00:52 She added that football is a multi-billion-dollar global sport with a huge following in Malaysia,
00:57 so the government wants to assist as much as it can.
01:01 Hannah said with other improvements the ministry will implement, such as tax incentives and
01:06 talent development programs, the team can continue to improve.
01:09 [MUSIC PLAYING]