ENTREPRENEURS CAN LEAD FOOTBALL CLUBS
THE English Premier League (EPL) garners millions of football fans around the world. Managed by the England Football Association, the league has produced talented players such as David Beckham and Cristiano Ronaldo.
Its broadcast generates millions of pounds a week.
I believe that besides “manufacturing” great players, the EPL generates income from transfer deals made by its football clubs.
Getting quality players is impossible if a football club is not willing to spend. A great club is one that can manage its finances wisely, which only a credible and passionate figure can deliver.
Besides being led by an experienced manager, factors like financial strength, credibility of manager, commitment of players and a dedicated owner or president determine the stability of a club.
As a fan of Manchester United since Sir Alex Ferguson’s era, I have observed that most great football clubs are traditionally owned by entrepreneurs.
For instance, Chelsea, since 2003, has been owned by a Russian entrepreneur, Roman Abramovich. He is the founder of an oil and gas business in his country.
Another example is AirAsia Bhd co-founder and group chief executive officer Tan Sri Tony Fernandes, who owns Queens Park Rangers, which plays in the Championship, the second tier of English football.
The time has come for the Football Association of Malaysia (FAM) to encourage local entrepreneurs to become presidents of local football clubs.
The idea can create balanced competition among the clubs, especially the ones managed by state governments.
A balanced competition is important to motivate footballers, and for coaches to focus on competing in domestic leagues.
If the president’s post in local football clubs were to be given to entrepreneurs, expenditure could be wisely managed.
In fact, entrepreneurs can use their skills to formulate strategies to sustain a football club.
FAM should welcome more successful entrepreneurs, regardless of their business backgrounds, to use their entrepreneurial skills for football management.
The appointment of Kelantanese entrepreneur Bibi Ramjani Ilias Khan as the Kelantan Football Association president is an inspirational move.
More successful entrepreneurs, especially women, should be entrusted to lead football associations. Steps towards playing in the World Cup should start with shaping young talents.
Grassroots development is essential in forming a stable and consistent football team. It could be realised by calling on entrepreneurs to structure a longterm plan.