FAM Debt Surpasses MVR 85 Million: Normalization Committee Findings

The Football Association of Maldives (FAM) is burdened with over MVR 85 million in debt, according to information from the Normalization Committee appointed to manage the association’s affairs. Although the committee has yet to release an official statement regarding FAM's financial situation, sources confirm that both foreign and local entities are owed significant sums.

Court hearings related to FAM's debts have concluded, with rulings mandating the association to settle overdue payments. Most cases involve funds originally acquired in Maldivian rufiyaa, which were later promised to be converted into US dollars but never fully paid. These transactions occurred during the tenure of former FAM President Bassam Adeel Jaleel, who is now facing charges of money laundering and fraud.

In addition to criminal trials, Bassam is currently under a travel ban, and his passport has been seized. FIFA has also suspended him from all football-related activities pending further investigations.

The Civil Court recently ordered FAM to compensate MVR 1.5 million to the State Trading Organization (STO) for failing to organize the South League as part of the Dhivehi Premier League. FAM also owes money to local football clubs, foreign officials, and employees, many of whom have gone unpaid for months. This includes unpaid prize money for the SAFF Championship, with dues still owed to India, the 2021 champions.

Despite mounting pressure, the Normalization Committee has faced criticism for its silence and failure to address these ongoing financial challenges publicly.

Resort in Maldives

OZEN RESERVE Bolifushi Crossroads Maldives Raffles Maldives Meradhoo Siyam World Maldives Kurumba Maldives JOALI BEING Sun Siyam Iru Veli Maldives Seaside Finolhu Baa Atoll Maldives Soneva Fushi Emerald Faarufushi Resort & Spa Kuramathi Maldives Coco Palm Dhuni Kolhu Maldives Dusit Thani Maldives Sun Siyam Vilu Reef Maldives The Nautilus Maldives Atmosphere Kanifushi Maldives Ayada Maldives Banyan Tree Vabbinfaru Milaidhoo Maldives Coco Bodu Hithi Kandima Maldives Meeru Maldives Resort Island Alila Kothaifaru Maldives Jawakara Islands Maldives Noku Maldives OBLU NATURE Helengeli OBLU SELECT Sangeli OBLU XPERIENCE Ailafushi OUTRIGGER Maldives Maafushivaru OZEN LIFE Maadhoo RAAYA by Atmosphere Baglioni Maldives Grand Park Kodhipparu Maldives JA Manafaru Maldives Kuredhivaru Resort and Spa NOOE Maldives Kunaavashi Park Hyatt Maldives Hadahaa ROBINSON Maldives Sun Siyam Olhuveli Maldives Taj Exotica Resort & Spa Maldives dusitD2 Feydhoo Maldives Oaga Art Resort Six Senses Laamu Soneva Jani Soneva Secret The Residence Maldives Dhigurah Ananea Madivaru Maldives Anantara Kihavah Maldives Villas Emerald Maldives Resort & Spa Fiyavalhu Resort Maldives Sheraton Maldives Full Moon Resort & Spa JOALI Maldives Kandolhu Maldives Niyama Private Islands Maldives Sun Siyam Iru Fushi Maldives VARU by Atmosphere Club Med Kanifinolhu Cocoon Maldives Gili Lankanfushi Maldives Holiday Inn Resort Kandooma Maldives JW Marriott Maldives Resort & Spa Nova Maldives SO/ Maldives Sandies Bathala Maldives Sirru Fen Fushi Private Lagoon Resort Taj Coral Reef Resort & Spa The Residence Maldives Falhumaafushi Constance Moofushi Maldives Pulse Hotels & Resorts Radisson Blu Resort Maldives Six Senses Kanuhura Sun Siyam Olhuveli Atmosphere Core Atmosphere Kani Fushi Maldives Brennia Kottefaru Centara Grand Lagoon Maldives Coconut Palm Conservation Constant Halaveli Maldives Four Seasons Resort Maldives at Kuda Huraa Hideaway Beach Resort & Spa Kaani Hotels Kandima Resort LUX* South Ari Atoll Le Meridien Maldives Resort and Spa Lily Beach Resort & Spa Mercure Maldives Kooddoo Resort Taj Exotica careers