Sports marketing firm MP & Silva wound up, FAS $25m deal in limbo

Staff were still present at the MP & Silva Singapore office yesterday, but industry sources revealed that MPS Singapore president and group CEO Seamus O'Brien and MPS' Asia-Pacific managing director Wu Swee Sin had already left the organisation.
Staff were still present at the MP & Silva Singapore office yesterday, but industry sources revealed that MPS Singapore president and group CEO Seamus O'Brien and MPS' Asia-Pacific managing director Wu Swee Sin had already left the organisation.ST PHOTO: KELVIN CHNG

Sports marketing firm dissolved by UK court after failing to pay FFT, several rights holders

Sports marketing agency MP & Silva (MPS) wrote itself into Singapore's sporting annals in 2015, signing what was the biggest commercial deal in local football history - 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.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on October 19, 2018, with the headline 'MP & Silva wound up, FAS deal in limbo'. Print Edition | Subscribe