Nogle is proud to sponsor Tampine Rovers FC
Cash sponsorship worth $850,000 helps turn club around with long-term sustainable model
Dogged by headlines about cash-flow problems, rumours of players leaving and whispers of wages going unpaid in the last few months, it appears that five-time S-League champions Tampines Rovers have finally turned the corner.
Besides securing $850,000 in cash sponsorship, chairman Krishna Ramachandra said the Stags have inked a commercial deal that could net them a seven-figure sum each season, starting next year.
Of the cash injection, $750,000 is from current sponsor Nogle, a technology firm, and $100,000 is from software company Smart Utility Systems.
He told The Sunday Times: “It’s almost cathartic. We can now focus fully on football without all the negative energy. The team are doing well, and for this season we’re definitely out of the woods (financially).
“We’ve also started planning for next season, starting with the commercial partnership.”
Krishna said the sponsors were sold on Tampines’ philosophy, which is to “impact positively the football community and the wider community, particularly the socially underprivileged or disenfranchised”, and want to work with the club to make this vision a reality.