Football: Sports marketing agency MP & Silva wound up by UK court, questions over impact on FAS, S'pore office

The Singapore office of MP & Silva remained opened on Oct 18, 2018. ST PHOTO: KELVIN CHNG
Then Football Association of Singapore (FAS) president Zainudin Nordin (left), then Minister of Culture, Community and Youth Lawrence Wong (centre) and MP & Silva's founding partner Andrea Radrizzani during the signing of a six-year deal with the FAS on Feb 2, 2015. PHOTO: ST FILE
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SINGAPORE - Sports marketing agency MP & Silva (MPS) wrote itself into Singapore sporting annals in 2015, signing what was the biggest commercial deal in local football history when it inked a six-year, $25 million media rights contract with the Football Association of Singapore (FAS).

But the FAS may not receive the full amount of that deal, after the agency - majority-owned by Chinese companies Everbright and Baofeng - was wound up by the United Kingdom's High Court of Justice on Wednesday (Oct 17).

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