DONATIONS SOAR
Donations to FAS rose to S$12.35 million (US$9.68 million) in the financial year ended Mar 31, 2026, from S$695,000 the year before.
The annual report said FAS received S$10 million in donations from related parties over which a council member has “significant influence”, as well as S$2 million from a council member.
Elsewhere in the report, FAS said it received a S$10 million donation from tech firm Sea, where Mr Li is the chairman and chief executive officer. The donation was part of the company’s wider S$50 million commitment to support the long-term development of Singapore football.
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