PETALING JAYA: The Malaysian Sepak Takraw Federation (PSM) have been given a major boost with a RM3mil allocation, which will help fund both the hosting of the upcoming World Cup and the overall development of the sport in the country.
Malaysia is set to host the Sepak Takraw World Cup once again, with the tournament scheduled to take place at Stadium Titiwangsa from May 16-23.
PSM president Datuk Sumali Reduan said the funding would go a long way in easing the federation’s financial burden. The money will be used not only to maintain the Malaysian Sepak Takraw Academy in Kampung Baru, but also to ensure the venue is fully prepared for next month’s tournament.
Earlier, Prime Minister Datuk Seri Anwar Ibrahim announced a RM2mil allocation to support player welfare, as well as PSM’s operations and the academy.
The Youth and Sports Ministry have also allocated RM1mil through a matching grant for the World Cup.
Sumali described the funding as timely, noting that PSM still have many plans in the pipeline, particularly when it comes to development.
“When we talk about the academy, it’s not just about training players. We also need funds to support the athletes, upgrade facilities, and manage the complex,” said Sumali after the launch of the new Malaysia Sepak Takraw Academy, officiated by Datuk Seri Anwar yesterday.
The country’s first national sepak takraw academy, built at a cost of RM6mil, is equipped with athlete accommodation, a gymnasium, classrooms, and training courts - all under one roof.
At the same time, Sumali also pointed out that the ongoing conflict in the Middle East has had some impact on preparations for the World Cup.
Rising global costs have pushed up expenses and some countries, especially from Europe, are considering pulling out due to the higher cost of travelling to Kuala Lumpur.
“Everything is affected by the global economic situation. We’re trying to manage costs and keep any increases under control. So far, things are still manageable and there are no major issues.
“But if costs rise sharply, it will affect many areas, transport, for example, with higher bus rental and fuel prices.
‘’Hotel rates could also go up, which would add to our expenses. For now, though, everything is still on track and we’re moving ahead as planned,” added Sumali.
