October 25, 2004
Tanjong Pagar United have been told that
'time is not on their side' as they bid to secure a place in the S-League next
season.
The Jaguars, whose precarious
financial state saw them delay players' salaries for several months this year, must
confirm their sponsors & a steady income stream for 2005 by the end of
October.
The S-League is waiting for
confirmation from Jaguars about their budgeted income for next season in the
form of commitment from sponsors & they want to know from where the funding
is going to come & how much it will be.
It is an uphill battle to come out
with that money as confirmed by Jaguars chairman Matthew Kang
Jaguars chairman Matthew Kang said they
were fire-fighting for the large part of the past few months & that distracted
them from fundraising but now have appointed Advantage MCS & they are
currently talking to a few sponsors. Also they have completed the fundraising
golf tournament & are looking at a few more fundraising events. He is confident that they can get commitment from sponsors for
next season but is aware that time is tight for entry into the S-League
Not helping is also the fact S-League
CEO Chan King Fook has told Kang that time is not on
their side for the application.
After the glory days when Tanjong Pagar United won the