The Phuket News Premier League predictions The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Phuket Sport
The Phuket News Phuket | Thailand | World  | Surf Report  | Predictions XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

FAT debts take toll: More strain on small clubs as away game travel expense payments halted

Phuket FC, along with all other clubs who currently sit in Yamaha League 1 (L1) or any of the AIS regional divisions (D2) will no longer be provided travel expenses for away games putting more strain on owners of small clubs that already find it difficult to raise funds to keep them in operation.

economics, corruption,


Matt Pond

Saturday 8 October 2016, 09:00AM


Former Phuket FC players Sarod Jitsanor (left) and Dosso Mamoudou disembark the team bus after arriving for their away fixture against Ranong FC in May. Photo: Hari Jib
Former Phuket FC players Sarod Jitsanor (left) and Dosso Mamoudou disembark the team bus after arriving for their away fixture against Ranong FC in May. Photo: Hari Jib

The announcement about the withdrawal of travel expenses was made by President of the Football Association of Thailand (FAT) Gen Somyot Poompanmoung last week.

During the announcement, Somyot said that the FAT is responsible for supporting three Thai leagues, with Premier clubs receiving B20 million per year, L1 teams B3 million per year and D2 teams B1 million per year.

Previously, the FAT also had a policy to allocate travel expenses to each team in L1 and D2 that they deemed “had far to travel” to play a game, with each team receiving B100,000 and B50,000 respectively for such games.

However, as from the start of the 2017 season, those travel expenses will no longer be paid to the clubs because of what Somyot says are FAT financial issues.

“The FAT is now facing financial issues because we have to pay backdated tax going into several hundred millions of baht. We have to reserve money to pay this debt,” Somyot said.

“Even though the FAT has already given the Revenue Department a cheque for more than B100mn, we still need to reserve money just in case that cheque bounces. If it does then we will have to face a lawsuit or pay a fine. I can not let this happened because it means our management has failed.

“In addition, the FAT is in debt of about B80 Million and we still need more money to pay more back tax. Therefore we need to have a fund that will help our financial situation,” he added.

Somyot then went on to say that if money is given to for L1 and D2 teams to cover their away game travel expenses then no money would be left to pay tax.

“So the FAT has now decided to stop paying travel expense for those two leagues. But the yearly support will stay the same,” he said.

“The FAT’s debt with the Revenue Department must be paid, we cannot avoid that, it is the law. If we don’t pay we will face bankruptcy or asset confiscation. I think fans of L1 and D2 clubs will understand our need for this financial adjustment,” he added.

“I have no choice but to pay our debt first. Please allow me to solve this issue. If I knew beforehand that the FAT was in such a position I wold never have offer to support each team. I hope everybody understands,” Somyot said.

Somyot also mentioned that the FAT has a Plan B up their sleeve with regards to sponsorship.

“We will look for more companies to sponsor the FAT. If we have enough sponsors and are able to pay off all of our debt the FATs financial situation will return to normal and L1 and D2 will get their travel expense again.

“I am not sure if anyone wants to file a lawsuit against us because of this, but all I can do is reaffirm that the FAT is in debt of more than B80mn and has more than B100mn to pay in back taxes. If anyone wants to go ahead with a lawsuit you can, but please let me know if you have some idea on how we are supposed to pay you if we are in debt,” he said.

“I believe I am doing the right thing, but if you think what I am doing is wrong or against the law then I cannot stop you from taking me to court.

“The faith of the FAT is now up to the fans to decide. They can see what the FAT’s management has been like since we took over.

“I would never have thought that I would be paying debts that others before me had created. I hope you all understand what I must do in my situation, but if you have any better ideas please let me know,” he added.

 

 

The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
Username:
Password:
E-mail:
Security:
    Forget your password?

Be the first to comment.

The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments


Chinese tourists rescued from dangerous Phuket surf

If it's not the tour buses, it's the ocean. Phuket seems to be a killing field for Chinese tourists....(Read More)


Patong residents plea against forced evictions for B6bn tunnel

I am surprised by reading about EXAT's Land Division officials statement. The poison is in the tale. EXAT just state that it will pay landowner...(Read More)


Going Down: Businesses on Phuket’s famed Bangla Rd suffer as clientele dries up

Phuket has lost it's Good Tourists !Especially Individual Tourists and small Groups of family or friends. NOW Phuket shot itself in the foot wit...(Read More)


Phuket rescue workers appeal to Chinese gods for a ‘safer’ Patong Hill

Was this a spiritual medium happening about 50 years ago? A article about how people felt and believed at that time? By the way, Patong Hill is sa...(Read More)


Canadian tourist charged for killer Phuket U-turn

Also condolences to family dead motorbikers. If a motorbiker not drive according the thai traffic laws, meaning, wearing a helmet, obey speed signs, ...(Read More)


Login game premier league competition

Hi, Is it only me or have you not included the Man City result from monday night ....(Read More)


Phuket rescue workers appeal to Chinese gods for a ‘safer’ Patong Hill

They should ask that poor lady with the house at the bottom of the hill to put up a big shrine to the Chinese gods in her front yard. We'll see ju...(Read More)


Going Down: Businesses on Phuket’s famed Bangla Rd suffer as clientele dries up

I don't go to Patong, i went once when i came her 5 years ago, but because of the greedy mindset of the Thias who want to cream as much money as t...(Read More)


Canadian tourist charged for killer Phuket U-turn

Firstly, sincere condolences to the dead motorcyclist's family & friends. Too bad he was not wearing a helmet which is Thai Law. It may hav...(Read More)


Canadian tourist charged for killer Phuket U-turn

I would recommend to leave a.s.a.p. Horst...(Read More)

The Phuket News
The Phuket News
Bangkok Hospital Phuket
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
Content Google Map
Site map
Australian Visa Services
 
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.