CEO Kevin Ramalingam said MFL would be responsible to its stakeholders and work hard to raise funds following TM’s absence.

He said the teams would be informed of the exact amount and date for handing over of the grants once MFL reached an agreement with the new sponsor.

Yesterday, MFL announced the termination of the eight-year contract with TM, said to be worth RM480 million.

This was after talks to continue with the sponsorship reached a dead end.

Kevin admitted that the termination would have an effect on the M-League, but was optimistic that new sponsors would come forward to fill the void left by TM.

“We still have other sponsors who have given us their commitments, like iflix and Ampersand.

“We are still strong and can overcome this problem. There are many who are interested. It’s just that previously we could not negotiate with them as we still had a contract (with TM),” he said.

Asked if TM would be welcomed if it wanted to sponsor the M-League in the future, Kevin said the MFL would never close its door to anyone.