Malaysian Football League Retracts TM Lawsuit

The Malaysian Football League (MFL) today has announced that it has decided to retract its lawsuit against TM. In case you missed it, the lawsuit was filed back in March due to contractual issues between the two parties.

However, the genesis of the lawsuit seemed quite clear since just a few days before it was filed, TM has terminated its sponsorship for MFL after both parties were apparently not able to agree on certain aspects of the deal which was signed in January 2018. Hence, it was not surprising that MFL has demanded a huge chunk of money from TM, in the tune of more than RM 400 million since the latter decide to bail out within two years of their eight-year partnership.

According to the President of MFL, Hamidin Mohd Amin who also held a similar role at the Football Association of Malaysia (FAM), the decision to retract the lawsuit was made after it was agreed by all the board members of MFL. He also added the move was made in the name of sportsmanship as TM has been a long-time supporter of the local football scene including being FAM and MFL’s partner since 2000 and 2015 respectively.

That being said, MFL who is the operator of Malaysia’s main professional football competitions including Liga Super, Piala Malaysia, and Piala FA, has not yet made any announcement if the biggest telecommunication company in Malaysia is back as the official sponsor for any of its competitions. Guess, this is not the end of the story just yet.

(Source: MFL.)

The post Malaysian Football League Retracts TM Lawsuit appeared first on Lowyat.NET.

from Lowyat.NET https://ift.tt/2IOvbM2