Sea billionaire founder Forrest Li to run for the presidency of the Singapore Football Association

A Li spokesman confirmed his intention to run for an office on Monday and told The Straits Times That he would like to introduce his team in the next two weeks.

The elections of the FAS council are carried out using two methods: a slate base and an individual basis. In the slate system, a team of nine candidates is proposed and elected as a group. The remaining six members are chosen and chosen according to the individually, so The new paper.

The candidates' nominations are open from Monday and must be submitted by March 31. The list of qualified candidates who are to be announced on April 18. The extraordinary congress in which the election takes place is planned for April 28th.

The incumbent FAS President Bernard Tan, who was elected in September 2023 to serve the rest of the term 2022-2025, has not yet confirmed whether he will strive for a re-election.

Li, 47, founder of Sea Limited in Singapore, the largest internet company in Southeast Asia, has a net value of $ 8 billion on March 17, 2025, so that according to March 2025, a net value of $ 8 billion. Forbes. The US magazine also described him 12th richest in the city state.

It is known that he is passionate about football and serves as chairman of the Singapore professional football club Lion City Sailors, who was previously known as Home United before he was acquired and renamed by Sea in 2020.

The company is also strongly represented in Asian football. The Gaming Arm Garena sponsored the Young Lions Football Club of the city state in 2016, as reported by The drum.

Shopee, his e-commerce arm, was a league sponsor for the Indonesian League 1 2019-2020 and is the title sponsor of the Asean Club Championship 2024–25.