
Can Forrest Li replicate Sailors' success on national level?
Optimism is rising within the local football fraternity with the arrival of Forrest Li as the new Football Association of Singapore president on April 28.
The Lion City Sailors chairman has charted considerable success for the Singapore Premier League (SPL) side and there are hopes that the billionaire can replicate the same outcome at the national level.
Albirex Niigata Singapore general manager Koh Mui Tee said the commitment of "rich and influential" people like Li to improving local football will inspire confidence.
He said: "Forrest is a resourceful man, so hopefully he and his new team can do more things for Singapore football. With Sea Limited, he runs a successful international business, so I don't think running Singapore football in a small country will be a big problem for him.
"The Sailors are doing things right by getting all the facilities and right human resources for their club, so I hope they can translate this to the national level."
Former Tanjong Pagar United player Sudhershen Hariram, who is now a lawyer, agreed, and felt that Li's corporate shrewdness, combined with his experience in running a successful SPL side, will stand him in good stead.
"Forrest has shown a willingness to get the best people involved while also giving them the space to do what they are good at.
"With the right people making the decisions and with his willingness to involve and rely on the right expertise to carry out the decisions, I think we have reasons to be optimistic for the future."
Under Li's leadership, the Sailors have been making waves since their introduction in 2020, as they won the SPL in the following year and the Singapore Cup in 2023. They are odds-on to win the league again this season and have reached the AFC Champions League Two final.
While they went through several coaching changes, they have spent well on beefing up the team with imports such as Maxime Lestienne, Bart Ramselaar and Bailey Wright, who have shone on the Asian stage.
Albirex's Koh wants to see the FAS make an effort to strengthen the SPL by enhancing its competitiveness and balancing the clubs' and national team's interests.
He said: "For example, when the national team want extra training or an overseas tour, the league has to adjust its schedule to suit them, and there can be a few weeks' gap, which is like another pre-season for us.
"The clubs would like to continue to support the national team. But not at such an expense that our schedule is compromised, our players are not conditioned properly, which could lead to injuries and is not good for either party."
Another item on his wish list is the abolition of the current stadium-sharing plan, so that clubs can "build their own identity and fan base and find potential income opportunities" - such as running facilities like futsal courts, conduct grassroot coaching courses or run the Singapore Youth League.
Also, to gradually wean the clubs from their reliance on handouts, he suggested the provision of subsidies based on meeting attendance or sponsorship-related KPIs.
He added: "I believe FAS should equip SPL clubs to get the best coaches. Currently, youth coaches get paid more if they join ActiveSG Football Academy or School Football Academies over the SPL centres of excellence.
"How can the professional clubs attract the best coaches if they have better offers at grassroots level?"
Likewise, Singapore Football League (SFL) clubs are also looking to Li and his new FAS council for a leg up.
GFA Victoria coach Harman Ali felt SFL teams have been "neglected" as they have been receiving $8,500 in annual subsidies for the past eight years.
He also took issue with the shortage of pitches for SFL teams to train on, which he felt has resulted in the competition becoming "a retired players' league" and a "higher-quality social league".
The new FAS will have its work cut out as academy owners are also asking for attention.
Flair Football Academy founder Ibrahim Chemad said: "Set KPIs for academies and prioritise those who achieve objectives - such as participation in local and overseas tournaments, and overseas stints for youths - and reward them with pitch allocation and seed money to support them."
However, there remains reservations from some on the ground.
Former Kembangan United chairman Albert Ng is concerned about how Li will have time for Singapore football "because he needs to take care of his company first", while others in the council such as Sean Bai and Arivan Shanmugaratnam will be based overseas for work and studies respectively.
He said: "Doing well at the club level doesn't mean that he will do well at the national level. It's two different kinds of handling and managing."
He also felt that the FAS should focus more on the national teams, coach education and referees, adding: "The FAS should leave the running of the SPL to (national football project) Unleash the Roar, and just commission and sanction the games."
One thing that most observers ST spoke to agreed on is the call for the new council to be open and transparent in their decision-making and communication with stakeholders.
Sailors fan Eddy Hirono would like to see stakeholders consulted and pulled together in the same direction, while lawyer Hariram added: "I would like to see open and regular communication from the FAS, not just in the good times but also in the times where we may not be performing as well as we would like.
"This regular communication will build a bond and trust with the fans as they will feel involved and heard."
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Straits Times
2 hours ago
- Straits Times
As US tightens visa rules, Chinese students may turn to Malaysia
(From left) Chinese students Mr Li, Mr Pei and Ms Lou at the USM campus in Penang. PHOTO: THE STAR/ASIA NEWS NETWORK As US tightens visa rules, Chinese students may turn to Malaysia GEORGE TOWN, Penang - President Donald Trump's order to tighten visa rules in the United States for students from China may benefit universities in Malaysia. Mr Pei Qi, a 42-year-old English teacher from China who is pursuing a postgraduate degree at Universiti Sains Malaysia (USM), said he has noticed more of his students in China considering Malaysia over the US. 'Many of my students who initially planned to go to the US are now considering Malaysia for further studies. 'One of them gave up on her US application because of visa delays and uncertainty, and then applied to Monash University Malaysia and USM,' he said. Mr Pei said that the student and her mother visited Penang and were drawn to the island's safety, lifestyle and international feel. 'They were worried about whether they could get into a public university here, but the affordability and global rankings of Malaysian institutions have prompted them to apply,' he said, adding that Malaysia's strong ties with China is an important factor. 'Malaysia takes education seriously. I see effort going into improving curriculum, research and global rankings,' Mr Pei added. He recalled seeing China's content creators on Douyin (China's version of TikTok) mentioning that Malaysia has become the seventh most popular study abroad destination for students from China. Mr Pei said the United States' new policy against students from China had affected the global standing of the US. 'I see real, long-term damage to America's reputation as the world's leader,' he said. 'The global landscape has changed. The US is no longer the only option for high-quality, English-medium education. 'It's sad to lose access to the US, but it's not the end of the road.' First-year Bachelor of Arts in English student Lou Xiaoxiao, 20, said studying in the US is still a dream for many from her homeland. 'It's still the top choice for a lot of us because of its academic resources and reputation. At the moment, I can say Malaysia is more of an option,' she said. Ms Lou added that visa issues and parents' concerns about global tensions do play a role and more families are looking at safety and cost when making decisions. She feels that China's families are prioritising 'cost-effectiveness' and 'a sense of security' in their decision-making regarding their children's studies overseas. Another student, Mr Li Hehe, 25, said despite the visa crackdown, he felt most Chinese families still hope to send their children to the US, believing strongly in the value of an American education. 'I've worked in the study abroad consultancy field. Students and parents who choose the US believe in it deeply. 'Even though the US might be the most expensive option, the choice of the US often reflects a serious commitment,' said Mr Li, who is in his final year of a Bachelor's degree in urban and regional planning at USM. On May 28, US Secretary of State Marco Rubio confirmed that some Chinese students would have their visas revoked, especially those studying in sensitive fields or linked to the Chinese Communist Party. China is the second-largest source of international students in the US after India. More than 270,000 students from China enrolled in American institutions in the 2023–2024 academic year, about a quarter of all international students there. USM lecturer Dr Kamaruzzaman Abdul Manan, from the School of Communication, said Malaysian universities should seize the opportunity. 'China sends more students abroad than any other country. Even a 10% to 15% drop in those heading to the US means thousands will look for other destinations,' he said. He added that Malaysia's strong education system and position in Asean made it an ideal choice for students from China. 'Having more students from China can raise a university's profile, attract funding and increase global partnerships,' he said. THE STAR/ASIA NEWS NETWORK Join ST's Telegram channel and get the latest breaking news delivered to you.

Straits Times
16 hours ago
- Straits Times
HSBC chair Mark Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC chairman Mark Tucker will depart HSBC by Sept 30 and will step into the role of AIA chairman on Oct 1. PHOTO: REUTERS HONG KONG - HSBC Holdings' high-profile chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having presided over top management changes and navigated Sino-US tensions at the Asia-focused lender. Mr Tucker will depart HSBC by Sept 30 and will step into the role of AIA chairman on Oct 1, the two companies said in separate statements on June 6. Mr Tucker served as AIA chief executive and president between 2010 and 2017. Mr Brendan Nelson, a former KPMG partner and board member who is the chair of HSBC's group audit committee, would become interim chairman from Oct 1, as the bank continues with its search for a permanent replacement, it said. Mr Tucker's departure from HSBC, which generates the bulk of its revenues and profits in Asia, will cap an eventful eight-year tenure at the lender, during which he oversaw a sweeping restructuring and shrinking of the bank. Under Mr Tucker's stewardship, HSBC has had to deal with a constant drumbeat of geopolitical tensions, as Britain, together with the US, clashed with China, where the bank has its second home and major profit engine in the financial hub of Hong Kong. Those experiences, as well as his deep Asia and insurance sector expertise, will stand him in good stead in the new role at AIA, as the pan-Asian insurer looks to bolster market share in the key markets of mainland China and Hong Kong. Mr Tucker will replace Mr Edmund Sze-Wing Tse as AIA's chairman. Shares in AIA were up 1.8 per cent, while Hong Kong shares of HSBC were down 0.3 per cent. Hong Kong's benchmark index was off 0.2 per cent. Besides mainland China and Hong Kong, AIA's 18 markets in Asia include Thailand, Singapore, Malaysia, Australia, Indonesia, New Zealand, the Philippines and South Korea. It also has a joint venture in India. A one-time professional soccer player, Mr Tucker, who took AIA public shortly after his appointment in 2010, has previously held several leadership jobs in the insurance sector, including at Britain's Prudential. His departure from HSBC was not a surprise. He was nearing the end of the nine-year maximum advised for chair roles under Britain's corporate governance code, and the bank announced on May 1 that he would step down before the end of the year. Since joining HSBC in 2017, becoming the bank's first-ever externally recruited chairman, British-born Tucker worked with four different CEOs, and he was involved in the selection of three of them. Mr Tucker was seen by investors, analysts and insiders as a key person at the bank to help it navigate geopolitical tensions and expand its business in China as part of its Asia pivot to boost growth. Geopolitical tensions came to a head for HSBC in May 2023 when its then-biggest shareholder, Ping An Insurance of China, lobbied for the bank to spin off its Asian business, a proposal ultimately defeated at HSBC's annual shareholder meeting. HSBC's senior independent director Ann Godbehere said the selection process to appoint a permanent chairman was underway. Mr Tucker will serve as a strategic adviser to CEO Georges Elhedery and the board while the recruitment search remains in place. 'Brendan's extensive experience on UK-listed boards, and as Group Audit Chair, makes him ideally placed to assume the role on an interim basis while the process continues,' Ms Godbehere said of Mr Nelson. He previously served as an independent non-executive director at several major UK-listed companies, including oil giant BP and financial services firm NatWest. HSBC is expected to search for Mr Tucker's successor from its current board, sources familiar with the bank's plans told Reuters. Among the leading candidates is former Citigroup President Jamie Forese, the sources said. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


International Business Times
17 hours ago
- International Business Times
Asia's Markets Slide as Trump-Musk Clash Rattles Tech Stocks, All Eyes Now on US Payrolls
Asian markets opened Friday with guarded optimism following a dramatic overnight fallout between U.S. President Donald Trump and tech mogul Elon Musk, which sent ripples across global markets. The tense episode drove Tesla shares down by 14 percent, erasing nearly $150 billion in market value. This comes after a volatile week for Asian investors already unnerved by U.S. tariff policies, signs of slowing global growth, and soft American economic data. Asian stocks had risen the previous day on signs of easing global trade tensions, with Hong Kong's Hang Seng and South Korea's KOSPI both continuing their recovery. On Wall Street, the S&P 500 added 0.58 percent. However, the upbeat sentiment didn't last. Most Asian stocks fell on Friday, reflecting Wall Street's tech-led weakness. Japan's Nikkei was a rare exception, rising 0.3% as local investors appeared less rattled by U.S. politics and focused more on domestic industrial earnings. Asian tech companies exposed to American markets followed Tesla in its dive. The political drama has cast doubt over SpaceX's government contracts and broader investor confidence in high-growth tech firms. Even Bitcoin was not spared, falling 4% amid speculation that Trump's relationship with Musk—and the broader, shadowy world of digital assets—remains as unclear as the motivations of a four-dimensional chess master. Investors are meanwhile awaiting Friday's U.S. non-farm payroll data for direction. Following a series of lackluster economic readings earlier in the week, an underwhelming job report would raise expectations for a rate cut from the Federal Reserve. Futures are now pricing in close to a 90% chance of a cut next month and another before December. A big jobs print, stronger than expected, could dash those hopes. Currency markets registered the nervousness. The euro rose to a six-week high of $1.1495 following the European Central Bank's rate cut but an indication that the rate-cutting cycle may be nearing an end. The dollar was a little weaker against the yen as traders moved into safer assets ahead of the payrolls report. Broadly, investors took little comfort from a recent phone call between Trump and Chinese President Xi Jinping. Although both leaders said they would keep communication lines open, there was no apparent breakthrough on how to address the trade dispute. Japan dispatched a trade envoy, Ryosei Akazawa, to Washington in what is the latest indication that Asian countries are increasingly concerned about U.S. unpredictability on tariffs. Oil prices edged down, with U.S. inventories still gaining and Saudi Arabia cutting July prices to Asian importers. Gold too dipped after climbing earlier in the week to trade at $3,372.70 an ounce. U.S. crude was near $62.75 a barrel. Wall Street futures are flat, and European stock futures are pointing to a weaker open, down 0.2 percent in Euro Stoxx 50 futures. The tone of the day ahead could depend on how the jobs report is read and if something less agitated surfaces from the Trump-Musk feud.