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Supporters Can Buy Club Shares

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Wednesday, March 9, 2022 – 18:02 WIB

VIVA – The National Sports System Law (UU SKN) has been passed. In its contents, there is an article that allows supporters to own club shares to the development of the sports industry.

The SKN Law was passed by the Indonesian House of Representatives on February 15, 2022 with the aim of encouraging the sports industry. One of the positive impacts is that fans can be actively involved in the industry by owning shares in their favorite sports team.

Article 55, paragraph five point c explains that every sports supporter has priority to own a club through share ownership in accordance with the provisions of the legislation.

However, sports supporters must take the form of an organization or legal entity by obtaining a recommendation from the team or parent organization of the sport (sports) before becoming part of the club owner.

In the ‘Drinking Discussion’ event held by PSSI the Press discussed the opportunity for supporters to have a team by buying shares. Either after the club’s Initial Public Offering (IPO) or without going public though.

“We imagine that when the team has an IPO, in this Sports Law, the team is obliged to provide the opportunity for supporters to own shares,” said Chairman of Commission X of the Indonesian House of Representatives Syaiful Huda, in the PSSI Press Breakdown Discussion, Tuesday, March 8, 2022.

“Or before going public by means, for example a joint initiative, both supporters and the team can build commitment in the context of the involvement of supporters with the team,” he said.

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