16 Jan '12, 4am

Etoile FC confirms its withdrawal from the S-League, less than a month before the 2012 season kicks off

Etoile FC confirms its withdrawal from the S-League, less than a month before the 2012 season kicks off

New S-League CEO Lim Chin (left) speaking at the conference on 6 January 2012 beside Football Association of Singapore (FAS) president Zainudin Nordin (centre) and new deputy CEO Johan Gouttefangeas. Zainudin Nordin unveiled new S-League CEO Lim Chin and his deputy Johan Gouttefangeas to news that Etoile FC were considering pulling out from the competition. -- THE NEWS PAPER PHOTO: YAP NING By Fabius Chen Etoile FC's withdrawal from the S-League has been confirmed, less than a month before the 2012 season kicks-off on Feb 9. The French club cited financial constraints and the appointment of former chairman Johan Gouttefangeas as the league's deputy chief executive officer as the reasons for their decision. 'We have decided to sit out of the 2012 S-League season due to the debts and liabilities carried forward from previous management coupled with the new developments in lo...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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