Kelantan FC boss buys Indonesian club


KELANTAN FC owner Norizam Tukiman is expanding his football beyond Malaysia.

Known as Zamsaham, the businessman is now in Indonesia to acquire League 2 club PSPS Riau in Pekanbaru.

Norizam, who is involved in the hotel industry and burger business among others, is seen by Indonesian fans in good light, having saved Kelantan football from financial troubles.

Norizam said yesterday: “The Indonesia football industry will be as great as its country’s economy by 2024 “That is why I am investing now. We build Kelantan FC and PSPS Riau under The Red Warriors (TRW) roof.

“I love PSPS Riau’s fan-base like how I love TRW Kelantan FC fans who want their football to grow.

“It’s pride. Now Kelantan can work with PSPS Riau because they share the same owner.” Effective yesterday, Norizam was also appointed as the Indonesian club’s president.

A PSPS Riau statement said: “The club is now looking forward to a better future (following the involvement of Norizam).

Other Malaysians who have bought foreign football clubs include Tan Sri Vincent Tan (Belgium’s KV Kortrijk, English Championship side Cardiff City, Bosnian club FK Sarajevo and American team, Los Angeles FC).

Recently, JDT owner Tunku Ismail Sultan Ibrahim was reported to be linked to the acquisition of Spanish club Valencia CF.

AirAsia chief Tan Sri Tony Fernandes was the owner of Queens Park Rangers from 2011 to 2018. Farah Azharie

Related Businesses
    - - Customer
    Copyright © 2021 by CreditRiskMonitor.com (Ticker: CRMZ®). All rights reserved.  You are not permitted to use this report or the information contained herein for any purpose not expressly permitted by CreditRiskMonitor.com, Inc. Except as expressly permitted by CreditRiskMonitor.com, Inc., you are not permitted, in whole or in part, to copy, alter, correct, adapt, translate, enhance, lease, sell, sublicense, assign, distribute, publish, otherwise make available to any third party, or prepare derivative works or improvements of this report or any of the information contained therein. You are not permitted to reverse engineer, disassemble, decompile, decode, or adapt the software, algorithms or other processes used to prepare this report, or otherwise attempt to derive or gain access to the source code of same. You agree not to remove, alter, obscure, combine or otherwise change any disclaimers, trademarks, copyrights, other intellectual property rights, proprietary rights, or other symbols, notices, marks, or serial numbers on or relating to any copy of the report or on marketing or other materials that CreditRiskMonitor.com, Inc. may provide to you. You will not use this report in any manner or for any purpose that infringes, misappropriates, or otherwise violates any right of any party, or that violates any applicable law.  
    The FRISK® scores, agency ratings, credit limit recommendations and other scores, analysis and commentary are opinions of CreditRiskMonitor.com, Inc. and/or its suppliers, not statements of fact, and should be one of several factors in making credit decisions.  Any reliance you place on the information in this report is strictly at your own risk. Except as expressly provided by CreditRiskMonitor.com, Inc., no warranties or representations of any type, including without limitation of results to be obtained, merchantability or fitness for a particular purpose, are made concerning any part of CreditRiskMonitor.com, Inc.’s service, including without limitation the FRISK® scores.  The information published above has been obtained from sources CreditRiskMonitor considers to be reliable.  CreditRiskMonitor.com, Inc. and its third-party suppliers do not guarantee or validate the accuracy and completeness of the information provided in this report, the underlying information input to create the FRISK® scores, and specifically do not assume responsibility for not reporting any information omitted or withheld.  By using this website, you accept the Terms of Use Agreement. 
    Contact Us: 845.230.3000
    Fundamental financial data concerning public companies may be provided by Refinitiv (click for restrictions)
    Tuesday, May 11, 2021