SINGAPORE (2 Feb 2016) – Garena, Southeast Asia’s largest Internet and mobile platform company,and the FA of Singapore (FAS) today announced a two-year sponsorship deal worth up to SGD 4 million for the Young Lions.
Under the deal, Garena will provide SGD 2 million in cash sponsorship to the Young Lions and a programme budget of another SGD 2 million for the promotion and development of the team.
The team will be known as the Garena Young Lions and will wear shirts bearing the Shopee brand. Shopee is Garena’s social-first, mobile-centric, C2C marketplace.
“Resources have always been a key constraint faced by the FAS. This record deal represents a great vote of confidence for our programmes, and for that we would like to thank Garena,” said Zainudin Nordin, President of FAS.
“The money will be spent wisely on the development of our most promising young talents, and to build the next generation of National Team players.”
Added Forrest Li, Founder and Group CEO of Garena, said, “As a young company that is founded in Singapore, Garena has a deep sense of national pride. The Young Lions sponsorship will allow us to actively contribute to the local professional football scene and create opportunities for young athletes to pursue their dreams.
“The Young Lions are a natural choice for us as they embody teamwork, creativity and the pursuit of excellence – qualities that Garena values both on the field and in the workplace.”
