Replies to Media ● May 21, 2019
FAS’ response to query on Warriors FC’s late salary payout
“Warriors FC (WRFC) approached the FAS in March 2019 seeking FAS’ assistance to make direct payment of their monthly staff’s Central Provident Fund (CPF) payments to the CPF Board, with effect March 2019, from the available monthly subsidies due to them, and to release the balance of the monthly subsidies to them. FAS has done so since March 2019.
“To-date, all available subsidies due to WRFC has been disbursed and the FAS will continue to closely monitor the situation. Subsidies are intended to supplement the clubs’ own income sources, and clubs are expected to further enhance their revenue-generating initiatives to sustain their operations adequately.”
– FAS spokesman
