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Jakarta Post

PSIS collapses due to funding difficulties, abysmal performance

Semarang-based soccer team PSIS declared itself in default Tuesday due to a lack of funding and meager performances on the pitch

Suherdjoko (The Jakarta Post)
Semarang
Thu, May 7, 2009

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PSIS collapses due to funding difficulties, abysmal performance

Semarang-based soccer team PSIS declared itself in default Tuesday due to a lack of funding and meager performances on the pitch.

PSIS, popularly known as Mahesa Jenar, is currently wallowing at the bottom of the 18-team Indonesian Super League.

The team lost 16 games, drew seven, and won only four.

"We are officially dismissing PSIS as of Tuesday. The closure also automatically discontinues the contracts we have with the players and coaches," PSIS chairman Sukawi Sutarip said in Semarang.

Sukawi, who is also the Semarang mayor, said the club's management was still obliged to pay the players' salaries for May, by the 10th of the month.

"We've consulted with the Indonesian League Board about the closure. They agreed and understood our situation," he said.

However, PSIS will remain in the Super League, which ends in mid June, through its under-21 team under coach Ashadi.

They have seven more games: four at home to Persija from Jakarta, Persik from Kediri, Persijap from Jepara, and Arema from Malang, as well as three away games at PKT in Bontang, Pelita Jaya in Purwakarta and Persiba in Balikpapan.

The management of the PSIS senior team, Sukawi said, had spent Rp 6 billion and was now mired in huge debt.

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