Football: FAS hopes Tampines chairman Krishna leaves the club in good shape

FAS vice-chairman Edwin Tong believes that the transition from Krishna Ramachandra, who has been at Tampines' helm for less than two years, to the next chairman will be smooth.
FAS vice-chairman Edwin Tong believes that the transition from Krishna Ramachandra, who has been at Tampines' helm for less than two years, to the next chairman will be smooth. PHOTOS: AFP, ST FILE

SINGAPORE - One day after Tampines Rovers chairman Krishna Ramachandra announced his decision to step down as the S-League football club's chairman, the Football Association of Singapore (FAS) communicated its wish that the lawyer leave the Stags in the pink of health.

FAS vice-chairman Edwin Tong told the media on Thursday (June 22): "You can't stop someone from wanting to step down and resign but what we can do is to ensure that the club he leaves behind is sound financially, it has got proper structures and it's (the club) not disrupted by reason of the resignation.

"Those are the steps we (the FAS council) are taking to ensure that post-resignation, whenever that might be, the sound structure and financial integrity is left behind for the club."

Tong was speaking on the sidelines at a press conference at Jalan Besar Stadium where Asian Football Confederation general secretary Windsor John shared plans on how the continental body will help the FAS to revitalise the S-League.

On Wednesday, Stags chief Krishna announced his decision to step down less than two years after taking over the helm, citing the demands of his professional life as a lawyer. He added that he intends to hand over the club "in the coming weeks".

Tong believes that the transition will be smooth, saying: "We have reached out to him and he's been in touch with us. We see that he has given us statements that he intends to ensure that the financial stability of the club is maintained. I think we will be able to work it out in good time."

Krishna took over the club from former chairman Teo Hock Seng in November 2015 and started his tenure with a flourish, signing former Arsenal winger Jermaine Pennant last season but the club soon ran into cash-flow problems.

The relationship between Krishna and Teo also soured after the lawyer sought legal representation to dispute the veracity of a loan of $190,000 from former sponsor Komoco Motors, whose regional managing director is Teo.

Tampines have also undertaken a $756,000 interest-free loan from "credit line" sponsors, Taiwanese tech company Nogle, and will start repayment of $21,000 per month only next year.