Financial Crisis Hits Surinamese Football Association
SVB Pleads with Government for Assistance
SVG Chairman John Krishnadath
The Surinamese Football Association (SVB) is facing a financial crisis and is pleading with the government for assistance to participate in international matches this year. According to Krishnadath, the association needs over US$1.5 million to allow the national team to participate in international matches this year.
Deficit to Qualify for 2026 World Cup
If the team were to qualify for the World Cup in North America in 2026, the deficit would be US$5.2 million. Krishnadath has appealed to the government for the third time to prevent the country from losing face and keep Suriname’s dream of participating in the World Championships (WC) alive.
Government’s Role in Funding National Team
Krishnadath has called on the government to contribute the estimated deficit to the budget as a national project. “Recognize Natio, seniors A-selection, as a national project. Embrace it. Adopt it. Fund that deficit. We can pay for two more windows. After that, no more,” he stressed. “There are different ways to fund it. You can tell me you’ll pay for the charters and hotel costs. But remember that hotels and charters must be paid in advance. Pay for them for us. You can pay it directly; you don’t have to deposit it for us.”
Funding Options Explained
The national selection’s operations have always been funded from its own revenues (renting out buildings and stadiums, among other things), sponsorship, FIFA funds, and the SVB WC Account (a savings pot of the SVB specifically for WC activities). Krishnadath disclosed that the association was exploring ways to raise funds, including adjusting competitions and negotiating with FIFA.
Conclusion
The Surinamese Football Association is facing a significant financial crisis and is in need of government assistance to participate in international matches. With a deficit of over US$1.5 million, the association is urging the government to contribute to the budget as a national project to keep the country’s dream of participating in the World Championships alive.
FAQs
- What is the estimated deficit for the national team to participate in international matches this year?
- Over US$1.5 million
- What is the estimated deficit for the national team to qualify for the 2026 World Cup?
- US$5.2 million
- How is the national selection’s operations funded?
- From its own revenues, sponsorship, FIFA funds, and the SVB WC Account
- What are the options for funding the national team?
- Adjusting competitions and negotiating with FIFA, among other options
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